If you ever thought that nickels and pennies are quite useless, then you better take a look at the other end of the line: bills so big that you could possibly buy a whole island with a single note. Even yet, pay off loans from https://www.southeasttitleloans.com/. In this article, we will be discussing few of the biggest banknotes both from the past and present.
Some of these banknotes were made in an effort to tame hyperinflation of their economy while others do exist mainly for being quirky. So if you are ready, then let’s get started!
Zimbabwe: 100,000,000,000,000 Dollars
Back in 2009 of January, Zimbabwe started printing 100,000,000,000,000 Dollars and by April of the same year, it was defunct. In an effort to demonstrate just how crazy the inflation in their country was at the time, buying a single loaf of bread would already cost you 300 billion Zimbabwean dollars. In US dollars, 100,000,000,000,000 Zimbabwean dollars will be equivalent to 300 dollars only.
Yugoslavia: 500,000,000,000,000,000,000 Dinars
During 1993 and 1994 in Yugoslavia, hyperinflation in country’s economy reach its peak wherein their currency doubled almost every day. As a matter of fact, USD 1 is equivalent to about 6 trillion Yugoslav dinars. Believe it or not, the paper itself has more value than the bill printed on it. These days, you may scrounge eBay and find less valuable but still, large 500 million notes that are selling for USD 1.79.
United Kingdom: 100,000,000 Pounds
Good luck finding this monstrosity of a banknote in circulation. But still, the bill is kept away in federal reserve. Well probably, it isn’t going to be released and no one would see it.
Every now and then, there is a story regarding a million pound banknote escaping. Basically, Mark Twain wrote a book regarding the note as well – its US equivalent; 154 million dollars.
Philippines: 100,000 Pesos
The PHP 100,000 is the world’s biggest single banknote. Not just in value, but also in size. Approximately, it has the same measurement of a typical piece of printer paper. This was created somewhere around 1998 to commemorate the independence of Philippines from Spain. However, the note is only offered among collectors who have to fork out PHP 180,000 to buy the special banknote. In US dollar, this will equal to around $2,300.
Hungary: 100 Million Billion Pengo
WWII actually destroyed Hungarian Pengo which literally suffered the biggest hyperinflation rate in history. Actually, prices are doubling every 15 hours. In 1946, Hungary made this gigantic bill which was worth nearly nothing in majority of European countries. Even though there were notes of such printed, it was never issued in the first place.
Only few are able to find fortune in selling coins. While it is true that some of the coins do sell for over a million dollars, many are surprised that some were found as pocket change. The most valued coins are those that are bought as investments and stored meticulously and with great care to maintain their pristine condition. The truth is, many of the coins are produced without the intention of them being used as a currency rather, as a collectible and at times, themed sets.
However, on special circumstances, circulated coins may be of great value. Generally, this happens when there’s a minting error after the con is released or when there’s a low mintage coin that’s hoarded by collectors. Auction records are frequently organized by uncirculated coins but with regards to rare coins, lower grade coins are worth more than its face value. The coins discussed in the next paragraphs of this article are from different parts of the world and was minted for the past 25 years. These coins are something you should check your time with. Who knows, it’s lying in your pocket as spare change.
2000-P U.S. Sacagawea Dollars with Transitional Errors
Whether you believe it or not, this coin was sold for 7,637 dollars in an auction. There are at least 4 Sacagawea commemorative dollars that have been discovered to have transitional errors. The coins were struck on copper-nickel planchet for Susan B. Anthony dollar instead of the manganese-bronze clad planchet that creates the golden color of the coin.
2000-P U.S. ‘Cheerios’ Sacagawea Dollar
Almost similar with the coin above, but this one was sold for 7,500 dollars. It’s part of special promotion. In 2005, a coin collector noticed that some coins had different designs on the back side of the coin and that is the fact that there’s more detail on the tail feathers of the eagle’s veins.
1995 U.S. Doubled Die Obverse Penny
Regarding this coin, it was sold at 5,053 dollars and it’s the last US doubled die penny. After 95, Denver and Philadelphia Mints used single hub technique. This is to eliminate any possibility of striking doubled die coins. However here, the doubling is extremely noticeable in words “In God We” and “Liberty”.
There are approximately 40,000 of these coins were made prior the discovery of the doubling but 24,000 were destroyed before it was released in circulation.
It is true that all these coins can give you good fortune. However, if you really want something that can push your finances, it is best to take time studying Bitcoin and other cryptocurrency from reputable resouorces.