50 Trillion Dollar Zimbabwe Banknote - 2008 AA Series Uncirculated
|Additional Packaging:||COA Included With Order|
|Dates Minted or Printed:||2008|
|International Currency Country:||Zimbabwe|
|Currency Manufacturer:||Reserve Bank of Zimbabwe|
|Paper Currency Type:||Obsolete Currency|
|Banknote Name:||Zimbabwe Dollar|
|International Banknote Name:||Zimbabwe Dollar|
Throughout the late 90's and the 2000's, inflation began to spin out of control in Zimbabwe, causing the country to issue larger and larger bank notes, culminating the trillion dollar notes minted in 2008. According to the Cato Journal, inflation reached an estimated peak of 6.5 sextillion percent in mid-November 2008, representing a complete and utter collapse of the Zimbabwe Dollar. Zimbabwe officially abandoned their currency in early 2009 and to date, does not have an official currency. However, in 2008, millions of ten, fifty and one hundred trillion dollars notes were printed. Though these notes have no currency value today, they do remain collectible and have been able to maintain higher prices than when originally minted in 2008. All Zimbabwe notes sold by the Great American Coin Company consist of uncirculated AA Series notes dated 2008. Learn more about the history of Zimbabwe currency.
Zimbabwe notes have no currency value.
PLEASE BE ADVISED it is the opinion of Great Am Coin that Zimbabwe Banknotes will NEVER be money again and consist of collectible former banknotes only.
The Great American Coin Company does not provide investment advice nor do we comment on rumors in the market place regarding any item we sell.
Zimbabwe banknotes sold by the Great American Coin Company® are sold as collectibles and are not considered currency.
Zimbabwe bank notes consist of former currency from the Republic of Zimbabwe. The Republic of Zimbabwe is currently on the United States Dollar standard.
All Zimbabwe notes currently sold by the Great American Coin Company®, including but not limited to the 10 Trillion Dollar Zimbabwe Note, The 50 Trillion Dollar Zimbabwe Note and the 100 Trillion Dollar Zimbabwe Note have no currency value and are considered collectible/novelty items only.
Great American Coin Company prices for Zimbabwe Banknotes are based on current market prices which are determined by supply and demand.
In regards to a 'Global Revaluation' or 'RV' of international currencies versus the US Dollar, the Great American Coin Company® has seen no evidence indicating that this is in any way genuine. It is the position of the Great American Coin Company®, that with the exceptions of normal currency fluctuations, that no 'Global Revaluation' of currencies will occur.
We recommend that any buyer of this item takes time to educate themselves regarding this product prior to purchase.
Purchasing of Zimbabwe Banknotes for any reason other than collecting is highly speculative and is not endorsed or recommended by the Great American Coin Company.
The Great American Coin Company does not guarantee any future price or value for Zimbabwe notes.
The buyer takes sole responsibility for the purchase of Zimbabwe Banknotes from the Great American Coin Company.
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