Heritage World Coin Auctions
Paper Money Signature Sale 4039 20 Oct 2022
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Zimbabwe Reserve Bank 50 Billion; 20 Trillion Dollars 2008 Pick 87s; 89s Two Specimen PMG Gem Uncirculated 65 EPQ; Choice Uncirculated 63. After this inflationary series of 2008, there was one last ill-fated devaluation of the Zim Dollar before The Reserve Bank of Zimbabwe opted to ease foreign exchange control, and allow the circulation of hard currencies like the South African Rand, Euro, USD, British Pound and even the Botswana Pula. The Zim Dollar was rendered obsolete until 2016 when the Bank introduced Bond notes to try and revive the local currency. Locals did not trust these Bond notes in fear of losing all their life savings yet again. This Specimen duo is perforated cancelled, the first to be graded by PMG, and the first time that we have offered them in this format. Minor ink is noted on Pick 89s. https://currency.ha.com/itm/world-currency/zimbabwe-reserve-bank-50-billion-20-trillion-dollars-2008-pick-87s-89s-two-specimen-pmg-gem-uncirculated-65-epq-/a/4039-25538.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4039-10202022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 640-960 USD
Zimbabwe Reserve Bank 50 Billion; 20 Trillion Dollars 2008 Pick 87s; 89s Two Specimen PMG Gem Uncirculated 65 EPQ; Choice Uncirculated 63. After this inflationary series of 2008, there was one last ill-fated devaluation of the Zim Dollar before The Reserve Bank of Zimbabwe opted to ease foreign exchange control, and allow the circulation of hard currencies like the South African Rand, Euro, USD, British Pound and even the Botswana Pula. The Zim Dollar was rendered obsolete until 2016 when the Bank introduced Bond notes to try and revive the local currency. Locals did not trust these Bond notes in fear of losing all their life savings yet again. This Specimen duo is perforated cancelled, the first to be graded by PMG, and the first time that we have offered them in this format. Minor ink is noted on Pick 89s. https://currency.ha.com/itm/world-currency/zimbabwe-reserve-bank-50-billion-20-trillion-dollars-2008-pick-87s-89s-two-specimen-pmg-gem-uncirculated-65-epq-/a/4039-25538.s?type=DA-DMC-CoinArchivesCurrency-WorldPaperMoney-4039-10202022 HID08706262019 © 2022 Heritage Auctions | All Rights Reserved
Estimate: 640-960 USD