Gradually, Then Suddenly
ZIM94, 2009, 10 ZWL

Slot Comment:

4th Dollar Banknote AA Prefix

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Note Details

  

Set Details
Note Description: 10 Dollars 2009
Grade: 65 EPQ
Country: Zimbabwe
Note Number: ZIM94
Signatures/
Vignettes: 		- Sign. #8
Certification #: 1804775-033
Owner: Revenant
Set Category: World
Set Name: Gradually, Then Suddenly
Slot Name: ZIM94, 2009, 10 ZWL
Research: See PMG's Census Report for this Note

Owner's Description

The third redenomination was announced on February 2nd, 2009, exactly 2 years to the day after the 2nd redenomination was announced. The third dollar notes were demonetized at the end of June 2009, less than 1 year after they were released.

The 4th dollar (ZWL) was mostly a non-event, however as, by Jan 2009, the Zimbabwe economy was almost completely dollarized - in this case dollarized meaning the US dollar, which almost everyone was using instead of the Zimbabwe dollar. Some people were also using South African Rand as a Zimbabwe currency substitute. In April 2009 the government declared that they would suspend the issuance of the local currency for "at least a year." This was effectively the final death of the Zimbabwean dollar. However, the final, official, complete demonetization of the currency did not occur until 2015.

While the 4th dollar wasn’t in circulation very long, the release of new 1-dollar through 500-dollar notes so shortly after the release of the same denominations as part of the third dollar series forced the government to once again redesign and change up the layout of the notes so that the new 4th dollars wouldn’t be confused with that all-to-recently-released 3rd dollars.

The 3rd dollars had used two small, square images to decorate the back of the notes. The 4th dollars returned to having a single large visual, similar to the first dollars. The 4th dollars appear to re-use the same artwork as was used on the first dollars, but with changes made to the coloring used, other design elements of the note, and what denomination the artwork appeared on. As a result of the layout of the designs and the coloration, in some ways the 4th dollar notes look like a cross or a blending between the 1st dollars and the 3rd dollars, with the front of the notes looking very similar to that of the 2nd dollar Agro Check series (ZIM61-64).

This 10-dollar ZWL ZIM94 note uses the same artwork (of the Great Zimbabwe ruins) as was used on the 50-dollar ZWD, ZIM8 note in 1994. For more information on the ruins, see the note description on my ZIM8 note.

Further underscoring the fact that they were trying hard to make sure no one confused the 3rd dollar and 4th dollar notes - the dominant color on this 4th dollar note is red, where the $10 note from the 3rd dollar series is mostly green.

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