Early Transactions in Denial
ZIM16, 2003, 5,000 ZWD

Slot Comment:

S/N: 0100726 Redeemed: Mar 2005

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Note Details

  

Set Details
Note Description: 5000 Dollars ND (2003)
Grade: AU 55 EPQ
Country: Zimbabwe
Note Number: ZIM16
Signatures/
Vignettes: 		- Wmk: Zimbabwe Bird
Certification #: 8085735-002
Owner: Revenant
Set Category: World
Set Name: Early Transactions in Denial
Slot Name: ZIM16, 2003, 5,000 ZWD
Research: See PMG's Census Report for this Note

Owner's Description

This check was dated 30-03-05, lining up with the 30 03 2005 stamp it got at the ZIMBANK Foreign Exchange desk at the Belmont Branch in Bulawayo - which is apparently one of two cities in Zimbabwe that is a province unto itself. It was stamped as PAID by the RBZ on 02 Apr 2005, suggesting that some people were still interested in redeeming these and flipping them for whatever minimal value they must have still had at that point in time. They weren’t worthless by 2005, they were just very close to it.

There is a snarky part of me that wonders - how did the value of this check at redemption compare to the cost of the ink from the ink pad or self-inking stamp that someone had to use to stamp and process it? Was this thing even worth the ink used to stamp it? I imagine by mid-2005 that would have been getting pretty questionable / iffy.

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