Early Transactions in Denial
ZIM15, 2003, 1,000 ZWD

Slot Comment:

S/N: 0017726 Redeemed: Mar 2004

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Note Details

  

Set Details
Note Description: 1000 Dollars ND (2003)
Grade: 64 EPQ
Country: Zimbabwe
Note Number: ZIM15
Signatures/
Vignettes: 		- Wmk: Zimbabwe Bird
Certification #: 8085761-001
Owner: Revenant
Set Category: World
Set Name: Early Transactions in Denial
Slot Name: ZIM15, 2003, 1,000 ZWD
Research: See PMG's Census Report for this Note

Owner's Description

The thing that makes the P-15, $1000 checks particularly interesting is that they are for $1000. By 2003 the country had the P-12, $1000 banknote. The Cargill Bearer checks excluded a $1000 denomination and only had $5000 (P-13) and $10000 (P-14). The 2003 Bearer checks (P-21 to P-23) also exclude a $1000 denomination. What the existence of P-15 suggests, what I can only assume, is that they were having a hard time printing enough of the P-12 banknotes to meet market needs for a while and they had to make these to fill the gap.

This check was stamped on 02-03-04. My limited research says Zimbabwe uses a D-M-Y date convention - the way the UK does it, not the way the US does it - so this would be March 2nd 2004. It was also stamped 02 Mar 2004 at the Victoria Falls branch of the Metropolitan Bank of Zimbabwe - they stamped it on both sides even. It was marked as paid just 6 days later on 08 Mar 2004, by the RBZ in Harare, so this thing probably wasn’t out in the world very long, which might explain why it made it to 2021 as a raw note in 64 EPQ condition. Unlike some other examples of these I’ve seen however, it was signed by the holder in two places, at issuance and at time of redemption probably.

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