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Ships to:
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Details about  100,50,10 TRILLION + 500000 ZIMBABWE DOLLAR HYPERINFLATION CURRENCY NOTE UNC

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100,50,10 TRILLION + 500000 ZIMBABWE DOLLAR HYPERINFLATION CURRENCY NOTE UNC
100-50-10-TRILLION-500000-ZIMBABWE-DOLLAR-HYPERINFLATION-CURRENCY-NOTE-UNC
Item Sold
Item condition:
Uncirculated
Ended:
Jun 14, 2012 07:56:32 PDT
Price:
US $12.49
Shipping:
FREE Economy Shipping | See details
Item location:
Hamden, CT, United States

Description

eBay item number:
251083463382
Seller assumes all responsibility for this listing.

Item specifics

Country:

Zimbabwe

No of notes for sale:

4

Type:

Banknotes

Circulated/Uncirculated:

Uncirculated


One 100, 50, 10 and 500,000 Zimbabwe Note for sale. You are buying/bidding a rare piece of history.

Zimbabwe was once one of the richest nations in Africa. Agriculture, mining and tourism were the important sectors of the economy. During the early 90s and in the 2000s, poor agricultural policies led to decline in the production of agricultural products. Exports of agricultural related products used to be a major source of income for most people. Further, financing government operations and wars through money printing caused the value of the currency to drop significantly and finally led to hyperinflation. Inflation is the increase in money supply.

Printing money when backed by nothing is inflation and might cause price increases. In Zimbabwe, prices would rise by millions for a loaf of bread within few hours....So if you want to explain someone what the effects of inflation is...show them a trillion dollar Zimbabwe note :-)

Today the Zimbabwe dollar is worthless in Zimbabwe. Most transactions are done using gold and U.S Dollars.

Ask me if you have any questions. Happy Bidding!

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