Gradually, Then Suddenly
ZIM23f, 2003, 20,000 ZWD

Slot Comment:

1st Dollar Emergency Bearer Check - FW Prefix With Printed Name of Gono

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Note Details

  

Set Details
Note Description: 20,000 Dollars 2003 - With Printed Name
Grade: 66 EPQ
Country: Zimbabwe
Note Number: ZIM23f
Signatures/
Vignettes: 		- Wmk: Zimbabwe Bird & RZB
- Sign. #8
Certification #: 8090781-001
Owner: Revenant
Set Category: World
Set Name: Gradually, Then Suddenly
Slot Name: ZIM23f, 2003, 20,000 ZWD
Research: Currently not available

Owner's Description

Three months after the Cargill bearer cheques were introduced, primarily as payment instruments for cotton farmers, the Reserve Bank of Zimbabwe issued its own set of bearer cheques.

The 2003 bearer check series were emergency notes of the first dollar which were issued starting on 15 Sept 2003. They were in circulation until the withdrawal of the first dollar on 21 August 2006. The backs of these 2003 issues are mostly blank except for some patterning which is probably there as an anti-counterfeiting feature. There is a space that seems like it should have an image there, as with the earlier 1st dollar issues, but it is just empty. The $50 000 and $100 000 denominations (ZIM28 through ZIM32), depicting Victoria Falls on reverse, were introduced on 1 October 2005. Following the redenomination of August 2006, bearer checks that were originally scheduled to expire on 31 December 2006 were demonetized early.

Bearer checks dated 15 September 2003 bear the signature of the Acting Governor Charles Chikaura. The remainder of the series bear the signature of Dr. Gideon Gono, who was appointed governor in November 2003.

The ZIM23e has Dr Gono’s name printed / typed under the facsimile signature where prior issues had not done this. I suppose I am not the only one that cannot read any of these signatures – and I generally cannot.

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