King for nearly three months
Posted by David
In January, the troubled nation of Zimbabwe issued a note denominated ten million Zimbabwean dollars. That note was the highest denomination ever issued by a government, anywhere. I blogged about it in January — you can see that post and an image of the ZWD$10 million note here. Now a report says that Zimbabwe has begun issuing notes denominated ZWD$25 million and ZWD$50 million as of today. Another report shows images of a person holding new ZWD$50 million notes. Technically the country calls these bearer checks, but they circulate like bank notes. Sad as it is for Zimbabwe and its people, collectors of high-denomination paper money now have a new height to scale, not even three months since the ZWD$10 million note raised a new peak.
4/4/2008 9:47:14 AM (Central Daylight Time, UTC-05:00)
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