Nice quality at a bargain price! I like to have these defunct currency notes as a reminder of what inflation is doing to an economy. Someday we may see the 'greenback' on ebay after devaluation if our leaders keep going deeper in debt.
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This banknote is the result of bad economic management causing hyperinflation. This banknote started as 100 bolivars. It was re-isued again as 20.000 bolivars and late December 2017 it was re-issued again as 100.000 bolivars. The main difference between the banknotes, except for the denomination is the colour. Interesting for banknote collectors but a genuine disaster for the people of Venezuela.
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See how inflation provides collectors with beautiful notes. Collect the same design for each denomination as values go higher and higher.. History in your hands
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Good to have as a reminder that all Fiat Currency fails....coming to an American $ near you!
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An example of out of control hyper inflation. A must have for any banknote collector.
Verified purchase: Yes