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#1 2016-10-12 23:01:09

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,629
Trades :   29 

560 million dollars, valid for only six months.

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Source: Reddit

Last edited by willrocks (2016-10-12 23:01:50)


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

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#2 2016-10-13 00:11:00

BuggedOut
Member
From: New South Wales
Registered: 2015-07-21
Posts: 1,773
Trades :   37 

Re: 560 million dollars, valid for only six months.

Are you selling?

I am thinking it might be cool to build a collection of historical hyperinflation currency notes.  Good conversation point and of course it will allow me to claim that I am a millionaire/billionaire/trillionaire tongue

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#3 2016-10-13 00:13:47

willrocks
Silver Stacker
From: Yesterday
Registered: 2012-05-10
Posts: 7,629
Trades :   29 

Re: 560 million dollars, valid for only six months.

BuggedOut wrote:

Are you selling?

I am thinking it might be cool to build a collection of historical hyperinflation currency notes.  Good conversation point and of course it will allow me to claim that I am a millionaire/billionaire/trillionaire tongue

No, but I'd buy if I could find any at a reasonable price (given they weren't that rare). They seem to be collector's items now.


"You can ignore reality, but you cannot ignore the consequences of ignoring reality." - Ayn Rand

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#4 2016-10-13 00:21:12

BuggedOut
Member
From: New South Wales
Registered: 2015-07-21
Posts: 1,773
Trades :   37 

Re: 560 million dollars, valid for only six months.

Looks like the 100 trillion dollar note is going for around $20AUD on ebay in several auctions at the moment.

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#5 2016-10-13 00:59:21

graebo
Silver Stacker
From: Australia
Registered: 2016-10-06
Posts: 10
Trades :   

Re: 560 million dollars, valid for only six months.

I'm surprised they even gave them 6 months validity, considering the pace of inflation at that time.  They would have lost most of that value in days, let alone months.

BuggedOut wrote:

Looks like the 100 trillion dollar note is going for around $20AUD on ebay in several auctions at the moment.

The $100 trillion ZWR notes were the next currency to those $10 billion ZWN notes, which were exchanged at $1 ZWR = $10 billion ZWN.

So the $100 trillion ZWR notes were equivalent to about $1,000,000,000,000,000,000,000,000 ZWN.

The irony is that the $100 trillion notes are worth more for the novelty than they were as currency.  And they appear to have gone up in value.. as I recall picking up a set of 20/50/100 trillion notes for around $15 back some 6 or so years ago.

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