Money was historically an
emergent market phenomenon that possessed intrinsic value as a
commodity; nearly all contemporary money systems are based on unbacked
fiat money without
use value. Its value is consequently derived by social convention, having been declared by a
government or regulatory entity to be
legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the
United States dollar.
Banknotes of the third Zimbabwean dollar, from $1 to $100 trillion
The banknotes of
Zimbabwe were physical forms of Zimbabwe's first four incarnations of the
dollar ($ or Z$), from 1980 to 2009. The banknotes of the first dollar replaced those of the
Rhodesian dollar at par in 1981, one year after the proclamation of independence. The
Reserve Bank of Zimbabwe issued most of the banknotes and other types of currency notes in its history, including the bearer cheques and special agro-cheques ("agro" being short for agricultural) that circulated between 15 September 2003 and 31 December 2008: the
Standard Chartered Bank also issued their own emergency cheques from 2003 to 2004.
The obverse of Zimbabwean banknotes (including
notes of the
current dollar) featured an illustration of the
Domboremari, one of the
Chiremba Balancing Rocks located near
Harare and
Epworth: the Domboremari also appeared on bearer and agro-cheques, as part of the Reserve Bank's logo. The reverse often featured the
culture or landmarks of the country. (Full article...)
The Silver center cent is an American
pattern coin produced by the
United States Mint in 1792. As a precursor to the
large cent it was one of the first coins of the United States and an early example of a
bimetallic coin. Only 12 original examples are known to exist, of which one is located in the
National Numismatic Collection at the
Smithsonian Institution. Two more specimens (Morris and California) exist but contain fabricated plugs added after minting.
Due to their rarity and historical significance Silver center cents are highly prized by collectors with one graded
PCGS MS61 being sold in an online auction in April 2012 for $1.15 million. (Full article...)
... that Zack Kelly received a $500
signing bonus, lost money in his first professional seasons, and was released by two organizations before he made his
Major League Baseball debut?
Image 21Banknotes of different currencies with a face value of 5000 (from Money)
Image 22Athens coin (c. 500/490-485 BC) discovered in
Pushkalavati. This coin is the earliest known example of its type to be found so far east. (from Punch-marked coins)
Image 23Tibetan kong par tangka, dated 13-45 (= AD 1791),obverse (from Tibetan tangka)