-40%
Zimbabwe 32 PCS Bearer Cheques SET 1 Cent to 100 Billion 2006-08 Pick- 33-64 UNC
$ 92.4
- Description
- Size Guide
Description
This is a complete set of the Zimbabwe 2nd dollar, all the way from the fractional notes (1 cent, 5 cents, ten cents, fifty cents) up to the Z0-billion Special Agro Note.Zimbabwe had already inflated its way to a point where denominations for the first dollar (which had more purchasing power than the US dollar when Rhodesia became Zimbabwe) to the point where emergency notes were denominated in the tens of thousands of dollars. Coins had so little value as money that mechanics punched holes in them to make washers --- which was cheaper than buying washers.
The banknotes of the first dollar were recalled to be exchanged for these new notes, the second dollar, at the rate of one thousand first dollars for one second dollar. Because coins were effectively useless as money but take time to produce and get into circulation, small money was printed along with the dollar banknotes.
As is clear from these notes, inflation continued and even accelerated.
As to condition, all the notes are uncirculated. A very few may have a crimped corner (but never a fold) from where the person assembling these notes from bank bundles may have briefly mis-handled the note, or maybe they were already crimped in the bank bundle. Otherwise, these are all absolutely pristine notes.
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