Description: =============================================== What you're looking at is a total of 10pc - One Hundred Yottalillion Zim Banknotes Be aware that these notes, much like the One Yottalillion notes are novelty/collector's items. While the One Yottalillion notes are on the bond redemption list, the 100 Yottalillion notes are not listed, largely because the list you see on dinar chronicles is over 2 years old, and I am referring to this one: https://dinarchronicles.com/2021/06/06/nick-fleming-the-list-of-bonds-6-6-21/ Moreover, the updated list which has over 400+ assets, has not been made public. Also, I have personally confirmed that buyers in tier 3 have accepted these notes, meaning they are in fact viable, and redemption centers will accept them, like they would with agro cheques, 100T ZIM and yellow dragons. In terms of what the rate may be, it's hard to say as it may be identical to the One Yottalillion notes, though I would imagine it should be 100x higher. Honestly, it is difficult to say as the final rates have not been disclosed. I've seen a rate from a buyer where all the higher denominated zim notes over 100T would pay out the same amount. I've also seen rates where basically the higher the face value, the higher the rate is. Another factor to consider: Rates in tier 3 are generally way higher than t4b, so I don't know what it will yield at a local redemption center. You may be wondering: Why would a redemption center accept novelty items and trade them for real money? That is definitely a very good question since there are a plethora of other novelty ZIM notes (like the One Yottalillion) which appear on the bond list (see #145). Honestly, I don't fully get it either, but the bond list has all sorts of bizarre novelty items that are listed, and the ROI for all of them are WAY higher than the tradeable currencies in the first basket (Dinar, Dong, Rial, Rupiah, etc). And it's equally bizarre how 100T Zim notes are hyperinflated notes with no commercial value, yet they are supposedly going to yield millions per note at a redemption center. Speaking of which, the redemption pertains to the recovery of numismatic and historical gold-backed assets, and the hyperinflated 100T Zim notes holds no commercial value just like the way the 100 Yottalillion note does not hold any commercial value. Yet they are both incredibly valuable at redemption. In fact, all historical bonds hold no commercial value, even real 1924 German Bonds, Super Petchilis, or other 80+ year old historical bonds cannot be taken to a bank, and at this point, redemption centers are the only real available means to monetize them. What about the gold 100 yottalillion notes? You may have seen similar looking notes that are gold foil notes. The problem I see with them is that they all have the same exact serial number. I'm not sure how that would be handled especially when the redemption staff would have to check serial numbers. For this reason, I don't recommend the gold notes but if you have them, it doesn't hurt to bring them with you. I have also seen Gold 100T Zim notes that actually do have different serial numbers but those are quite rare and hard to find. Warning: There is a lot of misinformation regarding the redemption of historical bonds, saying they had to have been registered a while ago, or owned for 3-5 years. That is certainly the case for the vast majority of tier 3, as the KYC paperwork requires documented provenance (i.e. documentation showing how you obtained it and that you owned it for a minimum of 3 years). But T4b does not require any of this to sell assets. The buying procedures are VASTLY different at a local redemption center. As with all my other orders, this order includes a free gift which you should yield something generous at your appointment! Domestic orders of $100 or more get to enjoy free USPS Priority Mail or UPS Ground Shipping (which can sometimes be cheaper and faster than USPS depending on distance). ATTENTION INTERNATIONAL CUSTOMERS: Combined shipping for international customers is finally working properly again! For International buyers who would like to combine shipping, be sure to add the items to the cart, then select 'request total from seller' and place the order. That enables me to adjust the shipping cost. Orders to Canada typically arrive within 2 business days. (Canadians, make sure to choose UPS Standard to Canada to save on shipping costs, it will still be shipped via UPS Worldwide Express.) Other international orders typically arrive within a week via UPS Worldwide Express Shipping. However, depending on customs and other international shipping factors, it may take longer to arrive. Note - some international addresses may be considered too remote by UPS, and as a result they will charge an Extended Area Surcharge, which often ends up causing the total shipping cost to go to $80 or more. If this is the case, I can ship it via priority mail international (which is the same price but takes 2-3 weeks to arrive) or if you provide an alternate shipping address that UPS doesn't consider too remote, I should be able to ship it. And if neither option works, I can simply cancel the transaction and you would receive a refund.
Price: 32.99 USD
Location: Edgewater, New Jersey
End Time: 2024-08-09T00:48:20.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
Circulated/Uncirculated: Uncirculated
Type: Banknotes
Country: Zimbabwe
Country/Region of Manufacture: Zimbabwe