Zimbabwe to Release New Set of Higher Denomination Bearer Checks
 

Less than a month after introducing the $250,000, $500,000 and
$750,000 bearer checks, Zimbabwe is to release this Friday a set of
even higher denomination bearer checks: 1 Million Dollars, 5 Million
Dollars and 10 Million Dollars.

http://afp.google.com/article/ALeqM5...lKNP8Uk88X_MEg

Zimbabwe to Release New Set of Higher Denomination Bearer Checks
 

On Jan 16, 6:33*pm, wrote:
Less than a month after introducing the $250,000, $500,000 and
$750,000 bearer checks, Zimbabwe is to release this Friday a set of
even higher denomination bearer checks: 1 Million Dollars, 5 Million
Dollars and 10 Million Dollars.

http://afp.google.com/article/ALeqM5...lKNP8Uk88X_MEg

Pictures of the new bearer checks available on Reserve Bank of
Zimbabwe web site.
http://www.rbz.co.zw/pdfs/highDenom2.pdf

Zimbabwe to Release New Set of Higher Denomination Bearer Checks
 

wrote:
On Jan 16, 6:33 pm, wrote:
Less than a month after introducing the $250,000, $500,000 and
$750,000 bearer checks, Zimbabwe is to release this Friday a set of
even higher denomination bearer checks: 1 Million Dollars, 5 Million
Dollars and 10 Million Dollars.

http://afp.google.com/article/ALeqM5...lKNP8Uk88X_MEg

Pictures of the new bearer checks available on Reserve Bank of
Zimbabwe web site.
http://www.rbz.co.zw/pdfs/highDenom2.pdf

Does anyone sell the new, very high denomination Zimbabwe bills?

--
Civis Romanus Sum

Zimbabwe to Release New Set of Higher Denomination BearerChecks
 

There are a number of the notes for sale on eBay. However, I'd caution
against buying any of these immediately. With inflation at astronomical
rates, "high-value" Zim notes drop in price every day.


On 4/3/08 10:23 AM, in article
U-adnTfYHfrrj2janZ2dnUVZ_ovinZ2d@eaglecomputertechno logy, "Jim Higgins"
wrote:

wrote:
On Jan 16, 6:33 pm, wrote:
Less than a month after introducing the $250,000, $500,000 and
$750,000 bearer checks, Zimbabwe is to release this Friday a set of
even higher denomination bearer checks: 1 Million Dollars, 5 Million
Dollars and 10 Million Dollars.

http://afp.google.com/article/ALeqM5...lKNP8Uk88X_MEg

Pictures of the new bearer checks available on Reserve Bank of
Zimbabwe web site.
http://www.rbz.co.zw/pdfs/highDenom2.pdf

Does anyone sell the new, very high denomination Zimbabwe bills?

Zimbabwe to Release New Set of Higher Denomination Bearer Checks
 

Owen W. Linzmayer wrote:
There are a number of the notes for sale on eBay. However, I'd caution
against buying any of these immediately. With inflation at astronomical
rates, "high-value" Zim notes drop in price every day.


On 4/3/08 10:23 AM, in article
U-adnTfYHfrrj2janZ2dnUVZ_ovinZ2d@eaglecomputertechno logy, "Jim Higgins"
wrote:

wrote:
On Jan 16, 6:33 pm, wrote:
Less than a month after introducing the $250,000, $500,000 and
$750,000 bearer checks, Zimbabwe is to release this Friday a set of
even higher denomination bearer checks: 1 Million Dollars, 5 Million
Dollars and 10 Million Dollars.

http://afp.google.com/article/ALeqM5...lKNP8Uk88X_MEg
Pictures of the new bearer checks available on Reserve Bank of
Zimbabwe web site.
http://www.rbz.co.zw/pdfs/highDenom2.pdf
Does anyone sell the new, very high denomination Zimbabwe bills?


Thanks.

--
Civis Romanus Sum

Zimbabwe to Release New Set of Higher Denomination Bearer Checks
 

"Owen W. Linzmayer" wrote in message
...
There are a number of the notes for sale on eBay. However, I'd caution
against buying any of these immediately. With inflation at astronomical
rates, "high-value" Zim notes drop in price every day.


Owen;

That is good advice, but with the current exchange rate of Z$25,000,000 :
US$1, I wouldn't worry too much about a note worth a buck or two losing much
value:)

Zimbabwe to Release New Set of Higher Denomination BearerChecks
 

Yes, but you don't pay face value for UNC notes. The current 10-million
dollar note sells on eBay for $10 to $20. Let 165,000% inflation run its
course and these notes will be available by the bricks for almost nothing
before too long.


On 4/4/08 7:24 AM, in article , "Tommy Hillbilly"
wrote:


"Owen W. Linzmayer" wrote in message
...
There are a number of the notes for sale on eBay. However, I'd caution
against buying any of these immediately. With inflation at astronomical
rates, "high-value" Zim notes drop in price every day.


Owen;

That is good advice, but with the current exchange rate of Z$25,000,000 :
US$1, I wouldn't worry too much about a note worth a buck or two losing much
value:)

Zimbabwe to Release New Set of Higher Denomination Bearer Checks
 

"Owen W. Linzmayer" wrote in message
...
Yes, but you don't pay face value for UNC notes. The current 10-million
dollar note sells on eBay for $10 to $20. Let 165,000% inflation run its
course and these notes will be available by the bricks for almost nothing
before too long.

True, but who would pay 5x face for new uncirculated notes too? That is way
too much of a markup. The way Mugabe is plowing the economy in Zimbabwe,
50M notes are going to be chump change.

Zimbabwe to Release New Set of Higher Denomination BearerChecks
 

Cheap notes usually carry a much higher percentage mark up than high-value
notes. I don't think anyone is going to get rich selling Zim dollars to
collectors.


On 4/4/08 11:53 AM, in article , "Tommy
Hillbilly" wrote:


"Owen W. Linzmayer" wrote in message
...
Yes, but you don't pay face value for UNC notes. The current 10-million
dollar note sells on eBay for $10 to $20. Let 165,000% inflation run its
course and these notes will be available by the bricks for almost nothing
before too long.

True, but who would pay 5x face for new uncirculated notes too? That is way
too much of a markup. The way Mugabe is plowing the economy in Zimbabwe,
50M notes are going to be chump change.

Zimbabwe to Release New Set of Higher Denomination Bearer Checks
 

On Fri, 04 Apr 2008 14:18:01 -0700, "Owen W. Linzmayer"
wrote:

Cheap notes usually carry a much higher percentage mark up than high-value
notes. I don't think anyone is going to get rich selling Zim dollars to
collectors.

Perhaps not in the US, but in Z ... maybe! Someone who can accumulate
a few actual US$ (or other hard currencies) will have something of an
advantage over his countrimen who have to rely on Mugabe's toilet
tissue "currency" issues for their money.

Their economy would be better off if local merchants and businesses
could issue their own (kind of like the various local currencies you
find in Germany or the US) -- but Mugabe is such a nutter, it's
probably illegal too and they'd wind up dead or worse for the effort.

Padraic


On 4/4/08 11:53 AM, in article , "Tommy
Hillbilly" wrote:


"Owen W. Linzmayer" wrote in message
...
Yes, but you don't pay face value for UNC notes. The current 10-million
dollar note sells on eBay for $10 to $20. Let 165,000% inflation run its
course and these notes will be available by the bricks for almost nothing
before too long.

True, but who would pay 5x face for new uncirculated notes too? That is way
too much of a markup. The way Mugabe is plowing the economy in Zimbabwe,
50M notes are going to be chump change.



--
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