P1a Zimbabwe 1980 (Salisbury) with the "blue" waterbuffalo in the lower left corner... Looks just like the 1983 (Harare) or a ('94 Harare)
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I had no clue that these things had actually become valuable until I ran across this thread. I bought one years ago off Ebay for a couple bucks so that I could tell my friends, "Look, I'm a 100 Trillionaire"! I kept it in a plastic slip, but the problem is, I have no freaking idea where it is now!
I just got another one dollar bill from Zimbo... to go with the other "one" ... definitely used/circ/vg. Ya gotta check the images for a good center crease.
I have 6 of these bills with consecutive serial numbers which I bought years ago for about $10 total. I went to a coin show last month and asked a bunch of the paper money dealers if they had any and how much were they are selling them for. They all said they have been sold out for a few years and couldn't find a source for them, but that they were selling for about $20 each last they checked and that was more then they were willing to pay. When I told them that they are routinely selling for around $100 on Ebay and as much as $250 they said that was crazy and that they were not worth that much. But then I reminded them that they didn't have any to sell and couldn't get any so maybe they were worth more then they thought. It is not about how much they are worth it is about how much people are willing to pay for them. And right now people seem to think they are worth quite a bit. https://www.ebay.com/itm/Zimbabwe-1...=item419bf3c47d:g:2QIAAOSwkV5aYieI:rk:26:pf:0
@Electron John has added a link to an eBay “Buy it Now” for $249.99. A word of caution. What sellers are asking, and what sellers are getting are two completely different animals. Many “Sold” notes on eBay are notes selling well below $100, with some going for as little as $35.
I agree with you Steveln and do not suggest anyone actually pay $100 or $250 for these bills. I also want to point out that there are sellers on eBay selling "novelty" $100 Trillion Zimbabwe bills which are basically just copies. Some of these have a price of $35 which is really crazy. https://www.ebay.com/itm/ZIMBABWEE-...700141?hash=item286bd346ad:g:kwMAAOSwiqNbuUQf
It doesn't matter why things are valued at what they are. A bill that was worth $5 is now selling for $100 or more. That is what is important. The current value is what is important, not the reason the value is what it is. You say "novelty" but I say "sound investment". All that matters when it comes to investments is what they're worth today. If I make $100 from one of these bills the money is worth $100 whether the bills are "novelties" or not. The value is the same. It's not like you going into a store and when you get to the register the clerk asks you how you got the money and you reply "I sold a novelty" and the clerk replies "Sorry, but we don't accept money that was made from buying and selling novelty items." The money is worth the same amount.
I think, that when people recall getting such bills for a dollar or less, they are resistant to the idea that someone will pay $35 (or whatever) for that same note they bought a few years back for .50 cents and sold for $2.
Cost of item has nothing to do with what someone will pay. The opposite of got it for $5 and sold for $100 scenario would be when old people have a garage sale and price worthless items at ridiculous prices because that is what they paid for it 40-50 years ago, and it should still be worth that. Not me of course.....all my stuff is very valuable.........
Edit. Because no matter what the current cost and supply and demand factor is, they have a hard time changing their opinion on what they know to be worthless. Items that they bought cheap and sold as novelties.