Wow! Key Date Coins AM Live Auction 58 pt 1D3
By Key Date Coins
Jan 7, 2024
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
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LOT 4176:

10 Notes Denomination Set Zimbabwe Hyperinflation Notes - 20,000 to 10 Billion Dollars! Grades. Hyperinflation in ...

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Sold for: $15
Price including buyer’s premium: $ 17.70
Start price:
$ 50
Estimate :
$200 - $400
Buyer's Premium: 18%
Auction took place on Jan 7, 2024 at Key Date Coins
tags:

10 Notes Denomination Set Zimbabwe Hyperinflation Notes - 20,000 to 10 Billion Dollars! Grades. Hyperinflation in Zimbabwe is an ongoing crisis. While yearly inflation was often measured in the hundreds of percentage points in the early 2000s, from 2007 to 2008 it was measured in the millions, and then trillions. The first Zimbabwean dollar (ZWD) was abandoned in 2005 and replaced with the second (ZWN). The second had to be abandoned again in August 2008, and its replacement currency (ZWR) became obsolete due to ongoing hyperinflation only 6 months later, resulting in a third replacement currency (ZWL). The ZWL was formally demonetised in 2015, and Zimbabwe generally relies on a variety of foreign currencies for local trade.

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