Authentic 50 Trillion Zimbabwe Banknote - uncirculated AA 2008 P-90
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Uncirculated and NEW. The $50 TRILLION Zimbabwe Banknote. The second largest note of legal tender in history. We sell only the finest, uncirculated, AA serial number mint condition notes - delivered in a protective currency sleeve. These notes are guaranteed and certified genuine notes and have been authenticated with black light currency authentication machines to ensure your confidence. These notes have been lauded as one of the hottest investments of the past 10 years by Forbes, The Guardian, CNN and other media outlets. They notes will only get rarer over time. Here is the story: A trillion, by the way, is a million million. There are 12 zeros in a trillion. Add another two to reach the total on the Zimbabwean 100 trillion dollar bill, the note with the most zeroes of any legal tender in all recorded history. The bills circulated for a few months in 2009 at the zenith or, more precisely, the nadir of one of the most terrible instances of hyperinflation in history, before Harare finally abandoned the Zimbabwean dollar in favor of the South African rand, the US dollar and several other foreign currencies. The note, along with previous hyper-inflated denominations including Z$10,000,000,000,000 (ten trillion) and Z$1,000,000,000,000 (one trillion), could be exchanged for U.S. dollars until the end of April 2016, but was only worth a fraction of its face value. It is no longer legal tender but is fetching significant higher prices as a collectors item. When inflation hit 230,000,000 percent in 2009 , the countries reserve bank infamous for its inability to contain sky-high hyperinflation declared the U.S. dollar as its official currency. From excessively high inflation to -2.3% deflation, Mangudya remembers the tough years vividly. It was so traumatizing, he admitted. We didn't have the tools to fight the monster that the economy was facing at the time. The country had to keep printing money. Prices would change by the minute, causing stress revolving around the fluctuations, one of the devastating effects of hyperinflation. Now, the few remaining notes are finding their way into the hands of currency collectors and investors around the world. These notes have been gaining in value every year and there seems to be no end in sight as they become rarer and rarer. They have been featured in investment articles and would be a great addition to any currency collection. All our notes come with a 14 day money back guarantee of authenticity. We stand behind all our notes. Free fast shipping in the continental US. $40 to Hawaii. Contact for overseas shipping quote. Overnight shipping available for $55 in the continental US. Purchases limited to 20 notes. Contact us for any quantities larger and we can discuss. |
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