On Fri, 04 Apr 2008 14:18:01 -0700, "Owen W. Linzmayer"
wrote:

Cheap notes usually carry a much higher percentage mark up than high-value
notes. I don't think anyone is going to get rich selling Zim dollars to
collectors.

Perhaps not in the US, but in Z ... maybe! Someone who can accumulate
a few actual US$ (or other hard currencies) will have something of an
advantage over his countrimen who have to rely on Mugabe's toilet
tissue "currency" issues for their money.

Their economy would be better off if local merchants and businesses
could issue their own (kind of like the various local currencies you
find in Germany or the US) -- but Mugabe is such a nutter, it's
probably illegal too and they'd wind up dead or worse for the effort.

Padraic


On 4/4/08 11:53 AM, in article , "Tommy
Hillbilly" wrote:


"Owen W. Linzmayer" wrote in message
...
Yes, but you don't pay face value for UNC notes. The current 10-million
dollar note sells on eBay for $10 to $20. Let 165,000% inflation run its
course and these notes will be available by the bricks for almost nothing
before too long.

True, but who would pay 5x face for new uncirculated notes too? That is way
too much of a markup. The way Mugabe is plowing the economy in Zimbabwe,
50M notes are going to be chump change.



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