{"title":"Productos home","description":null,"products":[{"product_id":"super-petchili-1913-government-chinese-republic-5-lung-tsing-u-hai-railway-gold-loan-20","title":"1913 Government Chinese Republic \"Super Petchili\" – 5% Lung-Tsing-U-Haï Railway Gold Loan – £20 With PASSCO COA","description":"\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eWe are Lapo Numismatics,\u003c\/strong\u003e\u003cspan\u003e We supply collectors with 100% original historical bonds, banknotes, collectibles and antiques, at the best price and in the shortest possible time.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eProduct Details: \u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003eSuper Petchili 1913 Government Chinese Republic – 5% Lung-Tsing-U-Haï Railway Gold Loan – £20\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003ePassco certificate of authenticity\u003c\/p\u003e\n\u003ch2 data-end=\"328\" data-start=\"255\"\u003e🇨🇳 \u003cstrong data-end=\"328\" data-start=\"263\"\u003eSuper Petchili Bond – 1913 Lung-Tsing-U-Haï Railway Gold Loan\u003c\/strong\u003e\n\u003c\/h2\u003e\n\u003ch3 data-end=\"351\" data-start=\"330\"\u003e🔹 \u003cstrong data-end=\"351\" data-start=\"337\"\u003eBackground\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cp data-end=\"653\" data-start=\"353\"\u003eIn the early 20th century, China was modernizing its infrastructure, and one of the major focuses was the development of railway networks. The \u003cstrong data-end=\"524\" data-start=\"496\"\u003eLung-Tsing-U-Haï Railway\u003c\/strong\u003e project aimed to connect strategic regions across northern China, including \u003cstrong data-end=\"625\" data-start=\"601\"\u003eLung-tsing (Beijing)\u003c\/strong\u003e to \u003cstrong data-end=\"639\" data-start=\"629\"\u003eHaïkou\u003c\/strong\u003e in the south.\u003c\/p\u003e\n\u003cp data-end=\"903\" data-start=\"655\"\u003eTo finance these massive undertakings, China turned to international creditors, resulting in a series of foreign-backed bond issuances known collectively as the \u003cstrong data-end=\"848\" data-start=\"816\"\u003eChinese Reorganization Loans\u003c\/strong\u003e. The \u003cstrong data-end=\"872\" data-start=\"854\"\u003e1913 Gold Loan\u003c\/strong\u003e was one of the most prominent.\u003c\/p\u003e\n\u003chr data-end=\"908\" data-start=\"905\"\u003e\n\u003ch3 data-end=\"945\" data-start=\"910\"\u003e💰 \u003cstrong data-end=\"945\" data-start=\"917\"\u003eKey Features of the Bond\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cul data-end=\"1555\" data-start=\"947\"\u003e\n\u003cli data-end=\"972\" data-start=\"947\"\u003e\n\u003cp data-end=\"972\" data-start=\"949\"\u003e\u003cstrong data-end=\"964\" data-start=\"949\"\u003eDate Issued\u003c\/strong\u003e: 1913\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1067\" data-start=\"973\"\u003e\n\u003cp data-end=\"1067\" data-start=\"975\"\u003e\u003cstrong data-end=\"985\" data-start=\"975\"\u003eIssuer\u003c\/strong\u003e: Republic of China (early Republican period after the fall of the Qing Dynasty)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1126\" data-start=\"1068\"\u003e\n\u003cp data-end=\"1126\" data-start=\"1070\"\u003e\u003cstrong data-end=\"1081\" data-start=\"1070\"\u003ePurpose\u003c\/strong\u003e: Financing of the Lung-Tsing-U-Haï Railway\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1176\" data-start=\"1127\"\u003e\n\u003cp data-end=\"1176\" data-start=\"1129\"\u003e\u003cstrong data-end=\"1144\" data-start=\"1129\"\u003eLoan Amount\u003c\/strong\u003e: £10 million (British pounds)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1221\" data-start=\"1177\"\u003e\n\u003cp data-end=\"1221\" data-start=\"1179\"\u003e\u003cstrong data-end=\"1196\" data-start=\"1179\"\u003eDenomination\u003c\/strong\u003e: £20.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1280\" data-start=\"1222\"\u003e\n\u003cp data-end=\"1280\" data-start=\"1224\"\u003e\u003cstrong data-end=\"1241\" data-start=\"1224\"\u003eInterest Rate\u003c\/strong\u003e: Generally 5% annually (gold-backed)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1381\" data-start=\"1281\"\u003e\n\u003cp data-end=\"1381\" data-start=\"1283\"\u003e\u003cstrong data-end=\"1295\" data-start=\"1283\"\u003eCurrency\u003c\/strong\u003e: Payable in \u003cstrong data-end=\"1343\" data-start=\"1308\"\u003egold coin (Sterling equivalent)\u003c\/strong\u003e, adding strong international appeal\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1463\" data-start=\"1382\"\u003e\n\u003cp data-end=\"1463\" data-start=\"1384\"\u003e\u003cstrong data-end=\"1396\" data-start=\"1384\"\u003eLanguage\u003c\/strong\u003e: Bilingual (English \u0026amp; French), sometimes trilingual with Chinese\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1555\" data-start=\"1464\"\u003e\n\u003cp data-end=\"1555\" data-start=\"1466\"\u003e\u003cstrong data-end=\"1481\" data-start=\"1466\"\u003eSignatories\u003c\/strong\u003e: Often includes seals and signatures of major European banking syndicates\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-end=\"1560\" data-start=\"1557\"\u003e\n\u003ch3 data-end=\"1605\" data-start=\"1562\"\u003e🌎 \u003cstrong data-end=\"1605\" data-start=\"1569\"\u003eWhy It's Called “Super Petchili”\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cp data-end=\"1871\" data-start=\"1607\"\u003eThe term \u003cstrong data-end=\"1630\" data-start=\"1616\"\u003e\"Petchili\"\u003c\/strong\u003e (also spelled \"Pei-Chili\" or \"Pei-chih-li\") refers to a region in northern China, particularly around \u003cstrong data-end=\"1751\" data-start=\"1733\"\u003eZhili Province\u003c\/strong\u003e (now Hebei). Bonds associated with infrastructure or loans from this region became broadly known as \u003cstrong data-end=\"1870\" data-start=\"1852\"\u003ePetchili bonds\u003c\/strong\u003e.\u003c\/p\u003e\n\u003cp data-end=\"2180\" data-start=\"1873\"\u003eThe \u003cstrong data-end=\"1888\" data-start=\"1877\"\u003e“Super”\u003c\/strong\u003e part of the nickname refers to the \u003cstrong data-end=\"1934\" data-start=\"1924\"\u003erarity\u003c\/strong\u003e, \u003cstrong data-end=\"1959\" data-start=\"1936\"\u003elarge denominations\u003c\/strong\u003e, and \u003cstrong data-end=\"1988\" data-start=\"1965\"\u003eprestigious backing\u003c\/strong\u003e of this particular issue compared to more common Petchili bonds. These bonds were part of a \u003cstrong data-end=\"2114\" data-start=\"2081\"\u003emajor international syndicate\u003c\/strong\u003e, backed by \u003cstrong data-end=\"2179\" data-start=\"2126\"\u003eBritish, French, German, and other European banks\u003c\/strong\u003e.\u003c\/p\u003e\n\u003chr data-end=\"2185\" data-start=\"2182\"\u003e\n\u003ch3 data-end=\"2231\" data-start=\"2187\"\u003e🏛️ \u003cspan\u003eKey characteristics and historical context\u003c\/span\u003e\n\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli style=\"text-align: left;\"\u003e\n\u003cb\u003ePurpose:\u003c\/b\u003e The bonds were issued to raise funds for the construction and equipment of the Lung-Tsing-U-Haï Railway. They also helped redeem previous railway loans.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eIssuance:\u003c\/b\u003e The total authorized loan was £10,000,000 Sterling, but only £4,000,000 were issued in 1913. They were offered in Brussels and Paris by the Banque Belge on behalf of the Co. Gen. Chemins de Fer et de Tramways en Chine.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eDenomination:\u003c\/b\u003e Bonds were typically issued in denominations like £20 sterling or 500 French francs.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eDirect Obligation:\u003c\/b\u003e These bonds were a direct obligation of the Government of the Republic of China and were payable in gold.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eDefault:\u003c\/b\u003e The Chinese government defaulted on these bonds in 1938 due to political instability, including the Shanghai massacre of 1927 and subsequent civil war.\u003c\/li\u003e\n\u003cli style=\"text-align: left;\"\u003e\n\u003cb\u003eModern Claims:\u003c\/b\u003e While the bonds reached their redemption date in 1953, there have been ongoing discussions and even legal actions regarding the potential for modern-day China to honor these historical debts. Some bondholders argue that the current Chinese government is a successor to the issuing government and thus has an obligation to pay. There is historical precedent for such settlements, as seen in the UK's successful claim in 1987. Recent legislative efforts in the US have also aimed to restrict China's access to US capital markets if it fails to comply with international finance laws related to these bonds.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eIn summary, the \"Super Petchili 1913 Government Chinese Republic – 5% Lung-Tsing-U-Haï Railway\" bond represents a piece of significant financial and historical interest, reflecting foreign investment in China's infrastructure during a period of considerable political change. While largely considered collectible items today, the question of their potential modern-day value remains a subject of ongoing debate.\u003c\/p\u003e\n\u003cp data-end=\"2351\" data-start=\"2235\"\u003e\u003cstrong style=\"font-size: 0.875rem;\"\u003eThis is a secure site, we are members of:\u003c\/strong\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e- \u003cspan style=\"font-weight: 400;\"\u003eAmerican Numismatic Association\u003cbr\u003e- PMG\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Lapo Numismatics","offers":[{"title":"Default Title","offer_id":45012302954804,"sku":"","price":890.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/SuperPetchili.jpg?v=1736361308"},{"product_id":"zimbabwe-100-trillion-dollar-pmg-67-serie-za","title":"Zimbabwe-100 Trillion Dollar Pmg 67 Serie ZA","description":"\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eWe are Lapo Numismatics,\u003c\/strong\u003e\u003cspan\u003e We supply collectors with 100% original historical bonds, banknotes, collectibles and antiques, at the best price and in the shortest possible time.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eProduct Details: \u003c\/strong\u003e\u003cbr\u003e\u003cspan style=\"font-weight: 400;\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2 data-end=\"207\" data-start=\"150\"\u003e🇿🇼 Zimbabwe – 100 Trillion Dollar Banknote (2008) PMG 67 SERIE ZA\u003c\/h2\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003e📚 \u003cstrong data-end=\"1908\" data-start=\"1864\"\u003eWant to ensure you’re buying a real one?\u003c\/strong\u003e\u003cbr data-end=\"1911\" data-start=\"1908\"\u003e👉 Check our blog post:\u003cbr data-end=\"1937\" data-start=\"1934\"\u003e\u003ca href=\"https:\/\/laponumismatics.com\/blogs\/noticias\/how-to-spot-a-fake-zimbabwe-100-trillion-dollar-banknote\" title=\"HOW TO SPOT FAKE ZIMBABWE 100 TRILLION BANKNOTE\" rel=\"noopener\" target=\"_blank\"\u003e\u003cstrong data-end=\"2002\" data-start=\"1937\"\u003eHOW TO SPOT A FAKE ZIMBABWE 100 TRILLION DOLLAR BANKNOTE\u003c\/strong\u003e\u003c\/a\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"277\" data-start=\"208\"\u003e\u003cstrong data-end=\"277\" data-start=\"208\"\u003ePick P-91 | PMG 67 EPQ | Series ZA | World’s Highest Denomination\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-end=\"322\" data-start=\"279\"\u003e🪙 \u003cstrong data-end=\"322\" data-start=\"282\"\u003eIncludes Certificate of Authenticity\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-end=\"583\" data-start=\"324\"\u003e💰 \u003cstrong data-end=\"344\" data-start=\"327\"\u003eDenomination:\u003c\/strong\u003e 100,000,000,000,000 Zimbabwe Dollars\u003cbr data-end=\"384\" data-start=\"381\"\u003e📆 \u003cstrong data-end=\"402\" data-start=\"387\"\u003eIssue Date:\u003c\/strong\u003e 2008\u003cbr data-end=\"410\" data-start=\"407\"\u003e📏 \u003cstrong data-end=\"422\" data-start=\"413\"\u003eSize:\u003c\/strong\u003e 148 × 74 mm\u003cbr data-end=\"437\" data-start=\"434\"\u003e🎨 \u003cstrong data-end=\"450\" data-start=\"440\"\u003eColor:\u003c\/strong\u003e Blue\u003cbr data-end=\"465\" data-start=\"462\"\u003e🏛 \u003cstrong data-end=\"479\" data-start=\"468\"\u003eIssuer:\u003c\/strong\u003e Reserve Bank of Zimbabwe\u003cbr data-end=\"507\" data-start=\"504\"\u003e📄 \u003cstrong data-end=\"524\" data-start=\"510\"\u003eCondition:\u003c\/strong\u003e \u003cstrong data-end=\"563\" data-start=\"525\"\u003ePMG 67 EPQ Superb Gem Uncirculated\u003c\/strong\u003e\u003cbr data-end=\"566\" data-start=\"563\"\u003e🔢 \u003cstrong data-end=\"580\" data-start=\"569\"\u003eSeries:\u003c\/strong\u003e ZA\u003c\/p\u003e\n\u003chr data-end=\"588\" data-start=\"585\"\u003e\n\u003ch4 data-end=\"610\" data-start=\"590\"\u003e🧾 Description:\u003c\/h4\u003e\n\u003cp data-end=\"902\" data-start=\"611\"\u003eThis is a \u003cstrong data-end=\"648\" data-start=\"621\"\u003eSuperb Gem Uncirculated\u003c\/strong\u003e Zimbabwe 100 Trillion Dollar banknote, officially \u003cstrong data-end=\"720\" data-start=\"699\"\u003egraded PMG 67 EPQ\u003c\/strong\u003e(Exceptional Paper Quality) – one of the \u003cstrong data-end=\"789\" data-start=\"762\"\u003ehighest possible grades\u003c\/strong\u003e for this iconic note. It belongs to the \u003cstrong data-end=\"843\" data-start=\"830\"\u003eSeries ZA\u003c\/strong\u003e, one of the most desirable serial ranges among collectors.\u003c\/p\u003e\n\u003cp data-end=\"1132\" data-start=\"904\"\u003eGraded and encapsulated by \u003cstrong data-end=\"961\" data-start=\"931\"\u003ePMG (Paper Money Guaranty)\u003c\/strong\u003e, this note offers top-tier condition, superb eye appeal, and verified authenticity. A \u003cstrong data-end=\"1079\" data-start=\"1048\"\u003eCertificate of Authenticity\u003c\/strong\u003e is also included for your records and peace of mind.\u003c\/p\u003e\n\u003chr data-end=\"1137\" data-start=\"1134\"\u003e\n\u003ch4 data-end=\"1156\" data-start=\"1139\"\u003e🔍 Features:\u003c\/h4\u003e\n\u003cul data-end=\"1476\" data-start=\"1157\"\u003e\n\u003cli data-end=\"1229\" data-start=\"1157\"\u003e\n\u003cp data-end=\"1229\" data-start=\"1159\"\u003eFront: \u003cstrong data-end=\"1194\" data-start=\"1166\"\u003eChiremba Balancing Rocks\u003c\/strong\u003e – Symbol of Zimbabwean stability\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1277\" data-start=\"1230\"\u003e\n\u003cp data-end=\"1277\" data-start=\"1232\"\u003eBack: \u003cstrong data-end=\"1256\" data-start=\"1238\"\u003eVictoria Falls\u003c\/strong\u003e \u0026amp; \u003cstrong data-end=\"1275\" data-start=\"1259\"\u003eCape buffalo\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1443\" data-start=\"1278\"\u003e\n\u003cp data-end=\"1298\" data-start=\"1280\"\u003eSecurity features:\u003c\/p\u003e\n\u003cul data-end=\"1443\" data-start=\"1301\"\u003e\n\u003cli data-end=\"1330\" data-start=\"1301\"\u003e\n\u003cp data-end=\"1330\" data-start=\"1303\"\u003e\u003cstrong data-end=\"1330\" data-start=\"1303\"\u003eZimbabwe Bird watermark\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1379\" data-start=\"1333\"\u003e\n\u003cp data-end=\"1379\" data-start=\"1335\"\u003e\u003cstrong data-end=\"1379\" data-start=\"1335\"\u003eEmbedded security thread (RBZ microtext)\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1400\" data-start=\"1382\"\u003e\n\u003cp data-end=\"1400\" data-start=\"1384\"\u003e\u003cstrong data-end=\"1400\" data-start=\"1384\"\u003eLatent image\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1443\" data-start=\"1403\"\u003e\n\u003cp data-end=\"1443\" data-start=\"1405\"\u003e\u003cstrong data-end=\"1443\" data-start=\"1405\"\u003eColor-shifting ink on denomination\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1476\" data-start=\"1444\"\u003e\n\u003cp data-end=\"1476\" data-start=\"1446\"\u003eOfficially demonetized in 2015\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-end=\"1481\" data-start=\"1478\"\u003e\n\u003ch4 data-end=\"1513\" data-start=\"1483\"\u003e🎯 Why Collect This Note?\u003c\/h4\u003e\n\u003cul data-end=\"1804\" data-start=\"1514\"\u003e\n\u003cli data-end=\"1582\" data-start=\"1514\"\u003e\n\u003cp data-end=\"1582\" data-start=\"1516\"\u003e\u003cstrong data-end=\"1530\" data-start=\"1516\"\u003ePMG 67 EPQ\u003c\/strong\u003e: One of the highest-graded examples in the market\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1658\" data-start=\"1583\"\u003e\n\u003cp data-end=\"1658\" data-start=\"1585\"\u003e\u003cstrong data-end=\"1598\" data-start=\"1585\"\u003eSeries ZA\u003c\/strong\u003e: Known for lower print runs and higher collector interest\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1733\" data-start=\"1659\"\u003e\n\u003cp data-end=\"1733\" data-start=\"1661\"\u003e\u003cstrong data-end=\"1689\" data-start=\"1661\"\u003eSymbol of hyperinflation\u003c\/strong\u003e: The most famous modern currency collapse\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1804\" data-start=\"1734\"\u003e\n\u003cp data-end=\"1804\" data-start=\"1736\"\u003e\u003cstrong data-end=\"1765\" data-start=\"1736\"\u003eInvestment-grade banknote\u003c\/strong\u003e: Highly liquid and globally recognized\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-end=\"1963\" data-start=\"1960\"\u003e\n\u003cp data-end=\"2091\" data-start=\"1965\"\u003e✅ \u003cstrong data-end=\"1999\" data-start=\"1967\"\u003ePMG Certified – Grade 67 EPQ\u003c\/strong\u003e\u003cbr data-end=\"2002\" data-start=\"1999\"\u003e📄 \u003cstrong data-end=\"2045\" data-start=\"2005\"\u003eIncludes Certificate of Authenticity\u003c\/strong\u003e\u003cbr data-end=\"2048\" data-start=\"2045\"\u003e📦 \u003cstrong data-end=\"2091\" data-start=\"2051\"\u003eSecure Shipping – Worldwide Delivery\u003c\/strong\u003e\u003c\/p\u003e\n\u003chr data-end=\"1708\" data-start=\"1705\"\u003e\n\u003cp\u003e\u003cstrong\u003eThis is a secure site, we are members of:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e- \u003cspan style=\"font-weight: 400;\"\u003eAmerican Numismatic Association\u003cbr\u003e- PMG\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-end=\"2214\" data-start=\"2098\"\u003e \u003c\/p\u003e","brand":"Lapo Numismatics","offers":[{"title":"Default Title","offer_id":45013374468404,"sku":"","price":999.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/ZIMBABWE_100TRILLION_DOLLAR_PMG_67_SERIE_ZA.jpg?v=1742333454"},{"product_id":"zimbabwe-50-trillion-dollar","title":"Zimbabwe-50 Trillion Dollar","description":"\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong data-mce-fragment=\"1\"\u003eWe are Lapo Numismatics,\u003c\/strong\u003e\u003cspan data-mce-fragment=\"1\"\u003e We supply collectors with 100% original historical bonds, banknotes, collectibles and antiques, at the best price and in the shortest possible time.\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong data-mce-fragment=\"1\"\u003eProduct Details: \u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e\n\u003cp data-mce-fragment=\"1\"\u003e\u003cspan style=\"font-weight: 400;\"\u003eZimbabwe-50 Trillion Dollar\u003c\/span\u003e\u003c\/p\u003e\n\u003cstrong data-mce-fragment=\"1\"\u003eThis is a secure site, we are members of:\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e- \u003cspan style=\"font-weight: 400;\" data-mce-style=\"font-weight: 400;\" data-mce-fragment=\"1\"\u003eAmerican Numismatic Association\u003cbr\u003e- PMG\u003cbr\u003e\u003c\/span\u003e","brand":"Lapo Numismatics","offers":[{"title":"Default Title","offer_id":45013399404852,"sku":"","price":30.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/ZIMBABWE-50_TRILLION_DOLLAR.jpg?v=1788983021"},{"product_id":"golden-gun-imperial-box-5-bullets","title":"Golden Gun Imperial Box 5 Bullets With Certificate of Authenticity","description":"\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eWe are Lapo Numismatics,\u003c\/strong\u003e\u003cspan\u003e We supply collectors with 100% original historical bonds, banknotes, collectibles and antiques, at the best price and in the shortest possible time.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eProduct Details: \u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003ch2 data-end=\"207\" data-start=\"162\"\u003eGolden Gun – Imperial Box (5 Bullets)\u003c\/h2\u003e\n\u003cp data-end=\"278\" data-start=\"208\"\u003e\u003cstrong data-end=\"278\" data-start=\"208\"\u003eIncludes Certificate of Authenticity \u0026amp; Independent Forensic Report\u003c\/strong\u003e\u003c\/p\u003e\n\u003ch3 data-end=\"1654\" data-start=\"1615\"\u003e⚠️ BEWARE OF FAKE PRODUCTS ONLINE\u003c\/h3\u003e\n\u003cp data-end=\"1876\" data-start=\"1655\"\u003eDue to the rare and iconic nature of this item, \u003cstrong data-end=\"1746\" data-start=\"1703\"\u003ecounterfeit versions have been reported\u003c\/strong\u003e.\u003cbr data-end=\"1750\" data-start=\"1747\"\u003eAt LAPO Numismatics, \u003cstrong data-end=\"1800\" data-start=\"1771\"\u003ewe guarantee authenticity\u003c\/strong\u003e. Each Golden Gun is backed by verified documentation and forensic analysis.\u003c\/p\u003e\n\u003cblockquote data-end=\"1924\" data-start=\"1878\"\u003e\n\u003cp data-end=\"1924\" data-start=\"1880\"\u003e✅ Buy with confidence. Accept no imitations.\u003c\/p\u003e\n\u003c\/blockquote\u003e\n\u003cp data-end=\"348\" data-start=\"280\"\u003e✨ \u003cstrong data-end=\"348\" data-start=\"282\"\u003eUltra-Rare Piece | Certified |\u003c\/strong\u003e\u003c\/p\u003e\n\u003chr data-end=\"353\" data-start=\"350\"\u003e\n\u003ch3 data-end=\"374\" data-start=\"355\"\u003e🔹 Description:\u003c\/h3\u003e\n\u003cp data-end=\"729\" data-start=\"376\"\u003eOwn a symbol of power, exclusivity, and mystery — the \u003cstrong data-end=\"444\" data-start=\"430\"\u003eGolden Gun\u003c\/strong\u003e presented in its original \u003cstrong data-end=\"512\" data-start=\"471\"\u003eImperial Box with 5  bullets\u003c\/strong\u003e. This collector’s item is \u003cstrong data-end=\"580\" data-start=\"553\"\u003escientifically verified\u003c\/strong\u003e and includes both a \u003cstrong data-end=\"632\" data-start=\"601\"\u003eCertificate of Authenticity\u003c\/strong\u003e and an \u003cstrong data-end=\"671\" data-start=\"640\"\u003eIndependent Forensic Report\u003c\/strong\u003e that validates its authenticity.\u003c\/p\u003e\n\u003chr data-end=\"895\" data-start=\"892\"\u003e\n\u003ch3 data-start=\"844\" data-end=\"867\"\u003e📋 Product Details:\u003c\/h3\u003e\n\u003cul data-start=\"869\" data-end=\"1150\"\u003e\n\u003cli data-start=\"869\" data-end=\"906\"\u003e\n\u003cp data-start=\"871\" data-end=\"906\"\u003e\u003cstrong data-start=\"871\" data-end=\"880\"\u003eName:\u003c\/strong\u003e Imperial Golden Gun Box 5 Bullets\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"907\" data-end=\"986\"\u003e\n\u003cp data-start=\"909\" data-end=\"986\"\u003e\u003cstrong data-start=\"909\" data-end=\"922\"\u003eMaterial:\u003c\/strong\u003e Wood, Metal alloy gold color. \u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"987\" data-end=\"1029\"\u003e\n\u003cp data-start=\"989\" data-end=\"1029\"\u003e\u003cstrong data-start=\"989\" data-end=\"1000\"\u003eFinish:\u003c\/strong\u003e Polished ceremonial finish\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1030\" data-end=\"1080\"\u003e\n\u003cp data-start=\"1032\" data-end=\"1080\"\u003e\u003cstrong data-start=\"1032\" data-end=\"1047\"\u003eDimensions:\u003c\/strong\u003e  28x19x20cm\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1111\" data-end=\"1150\"\u003e\n\u003cp data-start=\"1113\" data-end=\"1150\"\u003e\u003cstrong data-start=\"1113\" data-end=\"1127\"\u003eCondition:\u003c\/strong\u003e Collector Grade\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-end=\"1348\" data-start=\"1345\"\u003e\n\u003ch3 data-end=\"1371\" data-start=\"1350\"\u003e✅ Authentication:\u003c\/h3\u003e\n\u003cul data-end=\"1608\" data-start=\"1373\"\u003e\n\u003cli data-end=\"1471\" data-start=\"1373\"\u003e\n\u003cp data-end=\"1471\" data-start=\"1375\"\u003e🧾 \u003cstrong data-end=\"1416\" data-start=\"1378\"\u003eCertificate of Authenticity (COA):\u003c\/strong\u003e\u003cbr data-end=\"1419\" data-start=\"1416\"\u003eAffirms identity, and classification\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1608\" data-start=\"1472\"\u003e\n\u003cp data-end=\"1608\" data-start=\"1474\"\u003e🔬 \u003cstrong data-end=\"1509\" data-start=\"1477\"\u003eIndependent Forensic Report:\u003c\/strong\u003e\u003cbr data-end=\"1512\" data-start=\"1509\"\u003eFull analysis by a certified lab verifying materials, production technique, and authenticity\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-end=\"1929\" data-start=\"1926\"\u003e\n\u003ch3 data-start=\"1828\" data-end=\"1850\"\u003e🎯 Key Highlights:\u003cstrong data-start=\"1859\" data-end=\"1903\"\u003e\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cul data-start=\"1852\" data-end=\"2067\"\u003e\n\u003cli data-start=\"1906\" data-end=\"1952\"\u003e\n\u003cp data-start=\"1908\" data-end=\"1952\"\u003e🛡 \u003cstrong data-start=\"1911\" data-end=\"1950\"\u003eBacked by Scientific Authentication\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1953\" data-end=\"2005\"\u003e\n\u003cp data-start=\"1955\" data-end=\"2005\"\u003e📄 \u003cstrong data-start=\"1958\" data-end=\"2003\"\u003eDual Documentation: COA + Forensic Report\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"2006\" data-end=\"2067\"\u003e\n\u003cp data-start=\"2008\" data-end=\"2067\"\u003e💼 \u003cstrong data-start=\"2011\" data-end=\"2067\"\u003eIdeal for Serious Investors, Collectors \u0026amp; Historians\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-end=\"2387\" data-start=\"2384\"\u003e\n\u003cp data-end=\"2464\" data-start=\"2389\"\u003e📦 \u003cstrong data-end=\"2464\" data-start=\"2392\"\u003eWorldwide Shipping | Fully Insured | Professional Packaging Included\u003c\/strong\u003e\u003c\/p\u003e\n\u003chr data-end=\"2469\" data-start=\"2466\"\u003e\n\u003ch3 data-end=\"2506\" data-start=\"2471\"\u003e🏆 Why Choose LAPO Numismatics?\u003c\/h3\u003e\n\u003cp data-end=\"2743\" data-start=\"2508\"\u003eWe specialize in authenticated, rare, and investment-grade collectibles. Our items come with full transparency and supporting documentation. With years in the industry, LAPO Numismatics is a trusted name in global asset collectibles.\u003c\/p\u003e\n\u003cp data-end=\"2743\" data-start=\"2508\"\u003e\u003cstrong\u003eRoyal Golden Gun, Known as Imperial President Box 5 Bullets With Certificate of Authenticity and Forensic Report\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eGolden Gun Imperial \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eGolden Gun Box 5 Bullets\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eThis is a secure site, we are members of:\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003e- \u003c\/span\u003e\u003cspan style=\"font-weight: 400;\"\u003eAmerican Numismatic Association\u003cbr\u003e- PMG\u003c\/span\u003e\u003c\/p\u003e","brand":"Lapo Numismatics","offers":[{"title":"Default Title","offer_id":45030251790644,"sku":"","price":0.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/GOLDENGUNIMPERIALBOX5BULLETS_1_28bcad2b-2bc8-415e-9add-9794c43d0d9a.jpg?v=1692638545"},{"product_id":"1924-german-external-loan-7-gold-bond-1-000-with-scripotrust-certification","title":"1924 German External Loan – 7% Gold Dawes Bond – $1,000 – With PASSCO Certificate of Authentication","description":"\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eWe are Lapo Numismatics,\u003c\/strong\u003e\u003cspan\u003e We supply collectors with 100% original historical bonds, banknotes, collectibles and antiques, at the best price and in the shortest possible time.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cmeta charset=\"UTF-8\"\u003e \u003cstrong\u003eProduct Details: \u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003e1924 German External Loan – 7% Gold Bond – $1,000 – With Certificates\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e1924 - GERMAN EXTERNAL LOAN GOLD BOND $1,000 - 9 COUPONS\u003c\/p\u003e\n\u003cp\u003ePASSCO CERTIFICATE OF AUTHENTICATION\u003c\/p\u003e\n\u003cp\u003eSCRIPOTRUST CERTIFICATE OF AUTHENTICATION\u003c\/p\u003e\n\u003ch2 data-end=\"310\" data-start=\"234\"\u003e🇩🇪 \u003cstrong data-end=\"310\" data-start=\"242\"\u003e1924 Dawes Bond – $1.000\u003c\/strong\u003e\n\u003c\/h2\u003e\n\u003cp data-start=\"0\" data-end=\"241\"\u003eThe \u003cstrong data-start=\"4\" data-end=\"63\"\u003e1924 German External Loan – 7% Gold Dawes Bond – $1,000\u003c\/strong\u003e is a historic financial instrument tied to the post-World War I economic stabilization efforts of Germany. \u003c\/p\u003e\n\u003chr data-start=\"243\" data-end=\"246\"\u003e\n\u003ch3 data-start=\"248\" data-end=\"274\"\u003e🏛️ Historical Context\u003c\/h3\u003e\n\u003cp data-start=\"276\" data-end=\"570\"\u003eAfter WWI, the \u003cstrong data-start=\"291\" data-end=\"322\"\u003eTreaty of Versailles (1919)\u003c\/strong\u003e imposed heavy reparations on Germany. By the early 1920s, Germany was suffering from hyperinflation and economic collapse. To address this crisis, the \u003cstrong data-start=\"474\" data-end=\"488\"\u003eDawes Plan\u003c\/strong\u003e was introduced in \u003cstrong data-start=\"507\" data-end=\"515\"\u003e1924\u003c\/strong\u003e, largely designed by American banker Charles G. Dawes.\u003c\/p\u003e\n\u003cp data-start=\"572\" data-end=\"591\"\u003eThe \u003cstrong data-start=\"576\" data-end=\"590\"\u003eDawes Plan\u003c\/strong\u003e:\u003c\/p\u003e\n\u003cul data-start=\"593\" data-end=\"796\"\u003e\n\u003cli data-start=\"593\" data-end=\"639\"\u003e\n\u003cp data-start=\"595\" data-end=\"639\"\u003eRestructured Germany’s reparations payments.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"640\" data-end=\"672\"\u003e\n\u003cp data-start=\"642\" data-end=\"672\"\u003eStabilized the German economy.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"673\" data-end=\"716\"\u003e\n\u003cp data-start=\"675\" data-end=\"716\"\u003eEncouraged foreign investment in Germany.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"717\" data-end=\"796\"\u003e\n\u003cp data-start=\"719\" data-end=\"796\"\u003eWas backed by a \u003cstrong data-start=\"735\" data-end=\"763\"\u003elarge international loan\u003c\/strong\u003e — the 1924 German External Loan.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-start=\"798\" data-end=\"801\"\u003e\n\u003ch3 data-start=\"803\" data-end=\"845\"\u003e💵 Key Features of the 1924 Dawes Bond\u003c\/h3\u003e\n\u003cul data-start=\"847\" data-end=\"1268\"\u003e\n\u003cli data-start=\"847\" data-end=\"913\"\u003e\n\u003cp data-start=\"849\" data-end=\"913\"\u003e\u003cstrong data-start=\"849\" data-end=\"866\"\u003eOfficial Name\u003c\/strong\u003e: \u003cem data-start=\"868\" data-end=\"913\"\u003eGerman External Loan of 1924 – 7% Gold Bond\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"914\" data-end=\"1002\"\u003e\n\u003cp data-start=\"916\" data-end=\"1002\"\u003e\u003cstrong data-start=\"916\" data-end=\"928\"\u003eCurrency\u003c\/strong\u003e: Denominated in \u003cstrong data-start=\"945\" data-end=\"961\"\u003eU.S. dollars\u003c\/strong\u003e, often in denominations like \u003cstrong data-start=\"991\" data-end=\"1001\"\u003e$1,000\u003c\/strong\u003e.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1003\" data-end=\"1068\"\u003e\n\u003cp data-start=\"1005\" data-end=\"1068\"\u003e\u003cstrong data-start=\"1005\" data-end=\"1020\"\u003eCoupon Rate\u003c\/strong\u003e: \u003cstrong data-start=\"1022\" data-end=\"1044\"\u003e7% annual interest\u003c\/strong\u003e, payable semi-annually.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1069\" data-end=\"1153\"\u003e\n\u003cp data-start=\"1071\" data-end=\"1153\"\u003e\u003cstrong data-start=\"1071\" data-end=\"1084\"\u003eIssued By\u003c\/strong\u003e: \u003cem data-start=\"1086\" data-end=\"1122\"\u003eThe German Reich (Weimar Republic)\u003c\/em\u003e under international oversight.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1154\" data-end=\"1190\"\u003e\n\u003cp data-start=\"1156\" data-end=\"1190\"\u003e\u003cstrong data-start=\"1156\" data-end=\"1168\"\u003eMaturity\u003c\/strong\u003e: 25 years (due 1949).\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1191\" data-end=\"1268\"\u003e\n\u003cp data-start=\"1193\" data-end=\"1268\"\u003e\u003cstrong data-start=\"1193\" data-end=\"1204\"\u003ePurpose\u003c\/strong\u003e: Funded reparations payments and stabilized the German economy.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-start=\"1270\" data-end=\"1273\"\u003e\n\u003ch3 data-start=\"1275\" data-end=\"1303\"\u003e🌐 International Backing\u003c\/h3\u003e\n\u003cp data-start=\"1305\" data-end=\"1377\"\u003eThe loan was underwritten by an international banking consortium led by:\u003c\/p\u003e\n\u003cul data-start=\"1379\" data-end=\"1524\"\u003e\n\u003cli data-start=\"1379\" data-end=\"1408\"\u003e\n\u003cp data-start=\"1381\" data-end=\"1408\"\u003e\u003cstrong data-start=\"1381\" data-end=\"1402\"\u003eJ.P. Morgan \u0026amp; Co.\u003c\/strong\u003e (USA)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1409\" data-end=\"1441\"\u003e\n\u003cp data-start=\"1411\" data-end=\"1441\"\u003e\u003cstrong data-start=\"1411\" data-end=\"1436\"\u003eN M Rothschild \u0026amp; Sons\u003c\/strong\u003e (UK)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1442\" data-end=\"1464\"\u003e\n\u003cp data-start=\"1444\" data-end=\"1464\"\u003e\u003cstrong data-start=\"1444\" data-end=\"1464\"\u003eKuhn, Loeb \u0026amp; Co.\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1465\" data-end=\"1486\"\u003e\n\u003cp data-start=\"1467\" data-end=\"1486\"\u003e\u003cstrong data-start=\"1467\" data-end=\"1486\"\u003eCredit Lyonnais\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1487\" data-end=\"1508\"\u003e\n\u003cp data-start=\"1489\" data-end=\"1508\"\u003e\u003cstrong data-start=\"1489\" data-end=\"1508\"\u003eBank of England\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1509\" data-end=\"1524\"\u003e\n\u003cp data-start=\"1511\" data-end=\"1524\"\u003eAmong others.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-start=\"1526\" data-end=\"1602\"\u003eThis broad participation boosted investor confidence in the bond's security.\u003c\/p\u003e\n\u003ch3 data-start=\"1958\" data-end=\"2009\"\u003e🏛️ \u003cstrong data-start=\"1966\" data-end=\"2009\"\u003eHistorical Significance\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cul data-start=\"2011\" data-end=\"2471\"\u003e\n\u003cli data-start=\"2011\" data-end=\"2094\"\u003e\n\u003cp data-start=\"2013\" data-end=\"2094\"\u003e\u003cstrong data-start=\"2013\" data-end=\"2034\"\u003eGermany defaulted\u003c\/strong\u003e on these bonds after Hitler’s regime came to power in 1933.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"2095\" data-end=\"2230\"\u003e\n\u003cp data-start=\"2097\" data-end=\"2230\"\u003eIn \u003cstrong data-start=\"2100\" data-end=\"2108\"\u003e1934\u003c\/strong\u003e, Germany officially \u003cstrong data-start=\"2129\" data-end=\"2163\"\u003esuspended reparations payments\u003c\/strong\u003e, effectively \u003cstrong data-start=\"2177\" data-end=\"2191\"\u003edefaulting\u003c\/strong\u003e on this and other international loans.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"2231\" data-end=\"2330\"\u003e\n\u003cp data-start=\"2233\" data-end=\"2330\"\u003eAs a result, these bonds were never fully repaid and are considered \u003cstrong data-start=\"2301\" data-end=\"2329\"\u003edefaulted sovereign debt\u003c\/strong\u003e.\u003cbr\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eThis is a secure site, we are members of:\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003e- \u003c\/span\u003e\u003cspan style=\"font-weight: 400;\"\u003eAmerican Numismatic Association\u003cbr\u003e- PMG\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e","brand":"Lapo Numismatics","offers":[{"title":"Default Title","offer_id":45774706606388,"sku":"","price":2490.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/1924_GERMAN_BOND_9_COUPONS.jpg?v=1781282125"},{"product_id":"1924-germany-treasury-bond-8-15-100-million-marks-with-scripotrust-certification","title":"1924 Germany Treasury Bond – 8.15% – 100 Million Marks With Scripotrust Certification","description":"\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eWe are Lapo Numismatics,\u003c\/strong\u003e\u003cspan\u003e We supply collectors with 100% original historical bonds, banknotes, collectibles and antiques, at the best price and in the shortest possible time.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eProduct Details: \u003c\/strong\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e1924 Germany Treasury Bond – 8.15% – 100 Million Marks With Scripotrust Certification \u003c\/p\u003e\n\u003ch2 data-start=\"120\" data-end=\"194\"\u003e🇩🇪 \u003cstrong data-start=\"129\" data-end=\"194\"\u003eSchatzanweisung of the German Reich – 1924 – 100,000,000 Mark\u003c\/strong\u003e\n\u003c\/h2\u003e\n\u003ch4 data-start=\"196\" data-end=\"224\"\u003e📌 \u003cstrong data-start=\"204\" data-end=\"224\"\u003eType of Document\u003c\/strong\u003e\n\u003c\/h4\u003e\n\u003cul data-start=\"225\" data-end=\"448\"\u003e\n\u003cli data-start=\"225\" data-end=\"299\"\u003e\n\u003cp data-start=\"227\" data-end=\"299\"\u003e\u003cstrong data-start=\"227\" data-end=\"236\"\u003eName:\u003c\/strong\u003e Schatzanweisung (literally \"Treasury Note\" or \"Treasury Bill\")\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"300\" data-end=\"362\"\u003e\n\u003cp data-start=\"302\" data-end=\"362\"\u003e\u003cstrong data-start=\"302\" data-end=\"313\"\u003eIssuer:\u003c\/strong\u003e Deutsches Reich (German Reich \/ Weimar Republic)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"363\" data-end=\"388\"\u003e\n\u003cp data-start=\"365\" data-end=\"388\"\u003e\u003cstrong data-start=\"365\" data-end=\"383\"\u003eDate of Issue:\u003c\/strong\u003e 1924\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"389\" data-end=\"448\"\u003e\n\u003cp data-start=\"391\" data-end=\"448\"\u003e\u003cstrong data-start=\"391\" data-end=\"408\"\u003eDenomination:\u003c\/strong\u003e 100,000,000 (One Hundred Million) Marks\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch4 data-start=\"450\" data-end=\"481\"\u003e🏛️ \u003cstrong data-start=\"459\" data-end=\"481\"\u003eHistorical Context\u003c\/strong\u003e\n\u003c\/h4\u003e\n\u003cp data-start=\"482\" data-end=\"614\"\u003eThis treasury note was issued during the \u003cstrong data-start=\"523\" data-end=\"548\"\u003ehyperinflation crisis\u003c\/strong\u003e that devastated Germany's economy in the early 1920s, especially:\u003c\/p\u003e\n\u003cul data-start=\"615\" data-end=\"816\"\u003e\n\u003cli data-start=\"615\" data-end=\"684\"\u003e\n\u003cp data-start=\"617\" data-end=\"684\"\u003eAfter the \u003cstrong data-start=\"627\" data-end=\"658\"\u003eTreaty of Versailles (1919)\u003c\/strong\u003e imposed heavy reparations\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"685\" data-end=\"754\"\u003e\n\u003cp data-start=\"687\" data-end=\"754\"\u003eDuring the \u003cstrong data-start=\"698\" data-end=\"717\"\u003eRuhr occupation\u003c\/strong\u003e by French and Belgian forces in 1923\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"755\" data-end=\"816\"\u003e\n\u003cp data-start=\"757\" data-end=\"816\"\u003eWhen public confidence in the currency collapsed completely\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp data-start=\"818\" data-end=\"1048\"\u003eBy late 1923 and early 1924, the German Papiermark became virtually worthless. Prices doubled within hours, and banknotes or bonds like this were issued in absurdly high denominations — such as 100 million marks — just to keep up.\u003c\/p\u003e\n\u003ch4 data-start=\"1050\" data-end=\"1075\"\u003e💸 \u003cstrong data-start=\"1058\" data-end=\"1075\"\u003eBond Features\u003c\/strong\u003e\n\u003c\/h4\u003e\n\u003cul data-start=\"1076\" data-end=\"1350\"\u003e\n\u003cli data-start=\"1076\" data-end=\"1136\"\u003e\n\u003cp data-start=\"1078\" data-end=\"1136\"\u003e\u003cstrong data-start=\"1078\" data-end=\"1093\"\u003eFace Value:\u003c\/strong\u003e 100,000,000 Papiermark (inflated currency)\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1220\" data-end=\"1350\"\u003e\n\u003cp data-start=\"1222\" data-end=\"1350\"\u003e\u003cstrong data-start=\"1222\" data-end=\"1241\"\u003eTypical Design:\u003c\/strong\u003e Official printed format, serial number, Reich seal or emblem, with gothic-style typography common to the era\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch4 data-start=\"1352\" data-end=\"1380\"\u003e🧾 \u003cstrong data-start=\"1360\" data-end=\"1380\"\u003eOriginal Purpose\u003c\/strong\u003e\n\u003c\/h4\u003e\n\u003cul data-start=\"1381\" data-end=\"1582\"\u003e\n\u003cli data-start=\"1381\" data-end=\"1480\"\u003e\n\u003cp data-start=\"1383\" data-end=\"1480\"\u003eThese notes were short- or mid-term debt instruments used by the German government to raise funds\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1481\" data-end=\"1582\"\u003e\n\u003cp data-start=\"1483\" data-end=\"1582\"\u003eDue to hyperinflation, their real financial use was limited, and they quickly lost purchasing power\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"2230\" data-start=\"2095\"\u003e\n\u003cp data-end=\"2230\" data-start=\"2097\"\u003eIn \u003cstrong data-end=\"2108\" data-start=\"2100\"\u003e1934\u003c\/strong\u003e, Germany officially \u003cstrong data-end=\"2163\" data-start=\"2129\"\u003esuspended reparations payments\u003c\/strong\u003e, effectively \u003cstrong data-end=\"2191\" data-start=\"2177\"\u003edefaulting\u003c\/strong\u003e on this and other international loans.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"2330\" data-start=\"2231\"\u003e\n\u003cp data-end=\"2330\" data-start=\"2233\"\u003eAs a result, these bonds were never fully repaid and are considered \u003cstrong data-end=\"2329\" data-start=\"2301\"\u003edefaulted sovereign debt\u003c\/strong\u003e.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eThis is a secure site, we are members of:\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003cspan\u003e- \u003c\/span\u003e\u003cspan style=\"font-weight: 400;\"\u003eAmerican Numismatic Association\u003cbr\u003e- PMG\u003c\/span\u003e\u003c\/p\u003e","brand":"Lapo Numismatics","offers":[{"title":"Default Title","offer_id":45801180823860,"sku":"","price":1500.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/GERMAN_BOND_1924_100_MILLION_MARK.jpg?v=1736367620"},{"product_id":"farmers-bond-250-000-bank-of-china-bond-with-passco-coa","title":"1933 Farmer's Bond 250,000  Bank of China With PASSCO COA","description":"\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eWe are Lapo Numismatics,\u003c\/strong\u003e\u003cspan\u003e We supply collectors with 100% original historical bonds, banknotes, collectibles and antiques, at the best price and in the shortest possible time.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eProduct Details: \u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e250,000 Yuan Farmers Bank of China Bond - Red \"Farmer's Bond\" -\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ePassco certificate of authenticity\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eFarmer Bond\u003c\/p\u003e\n\u003cp\u003eBono Farmer 1933\u003c\/p\u003e\n\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cspan\u003eThe \u003c\/span\u003e\u003cstrong data-end=\"55\" data-start=\"4\"\u003e250,000 Yuan Farmer’s Bank of China Bond (1933)\u003c\/strong\u003e\u003cspan\u003e — often nicknamed the \u003c\/span\u003e\u003cstrong data-end=\"101\" data-start=\"78\"\u003e\"Red Farmer's Bond\"\u003c\/strong\u003e\u003cspan\u003e — is a rare and visually striking piece of Chinese financial history.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2 data-end=\"330\" data-start=\"249\"\u003e🇨🇳 \u003cstrong data-end=\"330\" data-start=\"257\"\u003e1933 Farmer’s Bank of China – 250,000 Yuan Bond (“Red Farmer’s Bond”)\u003c\/strong\u003e\n\u003c\/h2\u003e\n\u003ch3 data-end=\"351\" data-start=\"332\"\u003e🔹 \u003cstrong data-end=\"351\" data-start=\"339\"\u003eOverview\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cp data-end=\"560\" data-start=\"353\"\u003eThis bond was issued by the \u003cstrong data-end=\"407\" data-start=\"381\"\u003eFarmer’s Bank of China\u003c\/strong\u003e (中國農民銀行) during the \u003cstrong data-end=\"446\" data-start=\"428\"\u003eNanjing Decade\u003c\/strong\u003e (1927–1937), a period of modernization and national consolidation under Chiang Kai-shek’s Nationalist Government.\u003c\/p\u003e\n\u003cp data-end=\"799\" data-start=\"562\"\u003eIt was part of efforts to stabilize and develop the Chinese rural economy by raising funds through domestic and foreign investors. Bonds from this period are also reflective of \u003cstrong data-end=\"798\" data-start=\"739\"\u003epre-World War II Chinese fiscal and agricultural policy\u003c\/strong\u003e.\u003c\/p\u003e\n\u003chr data-end=\"804\" data-start=\"801\"\u003e\n\u003ch3 data-end=\"833\" data-start=\"806\"\u003e💰 \u003cstrong data-end=\"833\" data-start=\"813\"\u003eKey Bond Details\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cdiv class=\"_tableContainer_80l1q_1\"\u003e\n\u003cdiv class=\"_tableWrapper_80l1q_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\"\u003e\n\u003ctable class=\"w-fit min-w-(--thread-content-width)\" data-end=\"1776\" data-start=\"835\"\u003e\n\u003cthead data-end=\"880\" data-start=\"835\"\u003e\n\u003ctr data-end=\"880\" data-start=\"835\"\u003e\n\u003cth data-col-size=\"sm\" data-end=\"865\" data-start=\"835\"\u003eFeature\u003c\/th\u003e\n\u003cth data-col-size=\"lg\" data-end=\"880\" data-start=\"865\"\u003eDescription\u003c\/th\u003e\n\u003c\/tr\u003e\n\u003c\/thead\u003e\n\u003ctbody data-end=\"1776\" data-start=\"926\"\u003e\n\u003ctr data-end=\"990\" data-start=\"926\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"955\" data-start=\"926\"\u003e\u003cstrong data-end=\"938\" data-start=\"928\"\u003eIssuer\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"990\" data-start=\"955\" data-col-size=\"lg\"\u003eFarmer’s Bank of China (中國農民銀行)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1027\" data-start=\"991\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1019\" data-start=\"991\"\u003e\u003cstrong data-end=\"1008\" data-start=\"993\"\u003eDate Issued\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1027\" data-start=\"1019\" data-col-size=\"lg\"\u003e1933\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1072\" data-start=\"1028\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1056\" data-start=\"1028\"\u003e\u003cstrong data-end=\"1046\" data-start=\"1030\"\u003eDenomination\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1072\" data-start=\"1056\" data-col-size=\"lg\"\u003e250,000 Yuan\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1129\" data-start=\"1073\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1101\" data-start=\"1073\"\u003e\u003cstrong data-end=\"1087\" data-start=\"1075\"\u003eCurrency\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1129\" data-start=\"1101\" data-col-size=\"lg\"\u003eChinese Silver Yuan (银元)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1229\" data-start=\"1130\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1158\" data-start=\"1130\"\u003e\u003cstrong data-end=\"1149\" data-start=\"1132\"\u003eInterest Rate\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1229\" data-start=\"1158\" data-col-size=\"lg\"\u003eOften not explicitly stated, but implied to offer yield on maturity\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1320\" data-start=\"1230\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1258\" data-start=\"1230\"\u003e\u003cstrong data-end=\"1244\" data-start=\"1232\"\u003eMaturity\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1320\" data-start=\"1258\" data-col-size=\"lg\"\u003e10 years (typical), though exact terms vary by bond series\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1387\" data-start=\"1321\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1349\" data-start=\"1321\"\u003e\u003cstrong data-end=\"1335\" data-start=\"1323\"\u003eLanguage\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1387\" data-start=\"1349\" data-col-size=\"lg\"\u003eBilingual: \u003cstrong data-end=\"1385\" data-start=\"1362\"\u003eChinese and English\u003c\/strong\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1479\" data-start=\"1388\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1416\" data-start=\"1388\"\u003e\u003cstrong data-end=\"1399\" data-start=\"1390\"\u003eColor\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1479\" data-start=\"1416\" data-col-size=\"lg\"\u003eDominantly \u003cstrong data-end=\"1436\" data-start=\"1429\"\u003ered\u003c\/strong\u003e – hence the nickname “Red Farmer’s Bond”\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1617\" data-start=\"1480\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1508\" data-start=\"1480\"\u003e\u003cstrong data-end=\"1501\" data-start=\"1482\"\u003eDesign Features\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1617\" data-start=\"1508\" data-col-size=\"lg\"\u003eElaborate border designs, traditional Chinese calligraphy, Western banknote layout, and printed red seals\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1701\" data-start=\"1618\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1646\" data-start=\"1618\"\u003e\u003cstrong data-end=\"1640\" data-start=\"1620\"\u003eSerial Numbering\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1701\" data-start=\"1646\" data-col-size=\"lg\"\u003eUnique for each bond – typically printed in red ink\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr data-end=\"1776\" data-start=\"1702\"\u003e\n\u003ctd data-col-size=\"sm\" data-end=\"1730\" data-start=\"1702\"\u003e\u003c\/td\u003e\n\u003ctd data-end=\"1776\" data-start=\"1730\" data-col-size=\"lg\"\u003e\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cdiv class=\"sticky end-(--thread-content-margin) h-0 self-end select-none\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003chr data-end=\"1781\" data-start=\"1778\"\u003e\n\u003ch3 data-end=\"1817\" data-start=\"1783\"\u003e🖼️ \u003cstrong data-end=\"1817\" data-start=\"1791\"\u003eVisual Characteristics\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cul data-end=\"2159\" data-start=\"1819\"\u003e\n\u003cli data-end=\"1909\" data-start=\"1819\"\u003e\n\u003cp data-end=\"1909\" data-start=\"1821\"\u003e\u003cstrong data-end=\"1830\" data-start=\"1821\"\u003eColor\u003c\/strong\u003e: Deep red background, white text fields, gold embossed seal in some versions\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"1977\" data-start=\"1910\"\u003e\n\u003cp data-end=\"1977\" data-start=\"1912\"\u003e\u003cstrong data-end=\"1921\" data-start=\"1912\"\u003ePaper\u003c\/strong\u003e: High-quality rag paper, anti-counterfeiting patterns\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"2047\" data-start=\"1978\"\u003e\n\u003cp data-end=\"2047\" data-start=\"1980\"\u003e\u003cstrong data-end=\"1989\" data-start=\"1980\"\u003eSeals\u003c\/strong\u003e: Nationalist Government seal (KMT) and bank’s own chops\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"2159\" data-start=\"2048\"\u003e\n\u003cp data-end=\"2159\" data-start=\"2050\"\u003e\u003cstrong data-end=\"2061\" data-start=\"2050\"\u003eArtwork\u003c\/strong\u003e: Agricultural motifs, Chinese traditional designs, possibly rice paddy or peasant illustrations\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-end=\"2164\" data-start=\"2161\"\u003e\n\u003ch3 data-end=\"2200\" data-start=\"2166\"\u003e📜 \u003cstrong data-end=\"2200\" data-start=\"2173\"\u003eHistorical Significance\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cul data-end=\"2666\" data-start=\"2202\"\u003e\n\u003cli data-end=\"2372\" data-start=\"2202\"\u003e\n\u003cp data-end=\"2372\" data-start=\"2204\"\u003e\u003cstrong data-end=\"2234\" data-start=\"2204\"\u003eThe Farmer’s Bank of China\u003c\/strong\u003e was founded in 1933 by consolidating several provincial agricultural banks, and it played a crucial role in land reform and rural credit.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"2539\" data-start=\"2373\"\u003e\n\u003cp data-end=\"2430\" data-start=\"2375\"\u003eThese bonds were part of internal financing to support:\u003c\/p\u003e\n\u003cul data-end=\"2539\" data-start=\"2433\"\u003e\n\u003cli data-end=\"2456\" data-start=\"2433\"\u003e\n\u003cp data-end=\"2456\" data-start=\"2435\"\u003e\u003cstrong data-end=\"2456\" data-start=\"2435\"\u003eRural development\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"2505\" data-start=\"2459\"\u003e\n\u003cp data-end=\"2505\" data-start=\"2461\"\u003e\u003cstrong data-end=\"2505\" data-start=\"2461\"\u003eInfrastructure (e.g., irrigation, roads)\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"2539\" data-start=\"2508\"\u003e\n\u003cp data-end=\"2539\" data-start=\"2510\"\u003e\u003cstrong data-end=\"2539\" data-start=\"2510\"\u003eRice and grain production\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"2666\" data-start=\"2540\"\u003e\n\u003cp data-end=\"2666\" data-start=\"2542\"\u003eThe issuance coincided with the \u003cstrong data-end=\"2594\" data-start=\"2574\"\u003eGreat Depression\u003c\/strong\u003e, making it part of China’s strategy to resist external economic shocks.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3 data-end=\"3504\" data-start=\"3481\"\u003e🏷️ Alternate Names\u003c\/h3\u003e\n\u003cul data-end=\"3713\" data-start=\"3506\"\u003e\n\u003cli data-end=\"3527\" data-start=\"3506\"\u003e\n\u003cp data-end=\"3527\" data-start=\"3508\"\u003e\"Red Farmer's Bond\"\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"3567\" data-start=\"3528\"\u003e\n\u003cp data-end=\"3567\" data-start=\"3530\"\u003e\"Farmer’s Bank of China 250,000 Yuan\"\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"3594\" data-start=\"3568\"\u003e\n\u003cp data-end=\"3594\" data-start=\"3570\"\u003e\"1933 Agricultural Bond\"\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"3713\" data-start=\"3595\"\u003e\n\u003cp data-end=\"3713\" data-start=\"3597\"\u003eSometimes confused with provincial issues from Manchuria or Sichuan — but this one is \u003cstrong data-end=\"3713\" data-start=\"3683\"\u003ecentral\/Nationalist-issued\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eThis is a secure site, we are members of:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e- \u003c\/span\u003e\u003cspan style=\"font-weight: 400;\"\u003eAmerican Numismatic Association\u003cbr\u003e- PMG\u003c\/span\u003e\u003c\/p\u003e","brand":"Lapo Numismatics","offers":[{"title":"Default Title","offer_id":46417701765428,"sku":"","price":8990.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/1933_FARMER_250K.jpg?v=1781129650"},{"product_id":"zimbabwe-agro-cheque-100-billion-dollars-unc-new","title":"Zimbabwe Agro Cheque-100 Billion Dollars  UNC NEW","description":"\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eWe are Lapo Numismatics,\u003c\/strong\u003e\u003cspan\u003e We supply collectors with 100% original historical bonds, banknotes, collectibles and antiques, at the best price and in the shortest possible time.\u003c\/span\u003e\u003cbr\u003e\u003cbr\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003cstrong\u003eProduct Details: \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eZimbabwe Agro Cheque-100 Billion Dollars UNCirculated\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eNEW UNCIRCULATED\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eCheck our blog \u003c\/strong\u003e\u003c\/p\u003e\n\u003ch3 class=\"article-title\"\u003e\u003ca title=\"SPOT FAKE AGROCHEQUE\" href=\"https:\/\/laponumismatics.com\/blogs\/noticias\/how-to-spot-a-fake-zimbabwe-100-billion-agrocheque-banknote\"\u003e\u003cspan\u003eHOW TO SPOT A FAKE ZIMBABWE 100 BILLION AGROCHEQUE BANKNOTE\u003c\/span\u003e\u003c\/a\u003e\u003c\/h3\u003e\n\u003cp data-start=\"1661\" data-end=\"1738\"\u003e \u003c\/p\u003e\n\u003ch2\u003e🇿🇼 Zimbabwe – 100 Billion Dollar Special Agro-Cheque (2008)\u003c\/h2\u003e\n\u003cp data-end=\"301\" data-start=\"238\"\u003e\u003cstrong data-end=\"301\" data-start=\"238\"\u003ePick P-64 | Uncirculated | Historic Hyperinflation Banknote\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-end=\"521\" data-start=\"303\"\u003e💰 \u003cstrong data-end=\"323\" data-start=\"306\"\u003eDenomination:\u003c\/strong\u003e 100,000,000,000 Zimbabwe Dollars\u003cbr data-end=\"359\" data-start=\"356\"\u003e📆 \u003cstrong data-end=\"373\" data-start=\"362\"\u003eIssued:\u003c\/strong\u003e July 1, 2008\u003cbr data-end=\"389\" data-start=\"386\"\u003e📏 \u003cstrong data-end=\"407\" data-start=\"392\"\u003eDimensions:\u003c\/strong\u003e 148 × 74 mm\u003cbr data-end=\"422\" data-start=\"419\"\u003e🎨 \u003cstrong data-end=\"435\" data-start=\"425\"\u003eColor:\u003c\/strong\u003e Blue\u003cbr data-end=\"443\" data-start=\"440\"\u003e🏛 \u003cstrong data-end=\"457\" data-start=\"446\"\u003eIssuer:\u003c\/strong\u003e Reserve Bank of Zimbabwe\u003cbr data-end=\"485\" data-start=\"482\"\u003e📄 \u003cstrong data-end=\"502\" data-start=\"488\"\u003eCondition:\u003c\/strong\u003e Uncirculated (UNC)\u003c\/p\u003e\n\u003chr data-start=\"523\" data-end=\"526\"\u003e\n\u003ch4 data-start=\"528\" data-end=\"548\"\u003e🧾 Description:\u003c\/h4\u003e\n\u003cp data-start=\"549\" data-end=\"843\"\u003eThis \u003cstrong data-start=\"554\" data-end=\"596\"\u003e100 Billion Dollar Special Agro-Cheque\u003c\/strong\u003e, issued during Zimbabwe's infamous hyperinflation crisis, is one of the highest-denomination legal tender notes ever printed. Originally meant for agricultural transactions, it quickly entered public circulation as prices spiraled out of control.\u003c\/p\u003e\n\u003cp data-start=\"845\" data-end=\"940\"\u003eThis note is a \u003cstrong data-start=\"860\" data-end=\"890\"\u003esymbol of economic history\u003c\/strong\u003e and a sought-after piece by collectors worldwide.\u003c\/p\u003e\n\u003chr data-end=\"265\" data-start=\"262\"\u003e\n\u003ch4 data-end=\"291\" data-start=\"267\"\u003e📈 Historical Context\u003c\/h4\u003e\n\u003cul data-end=\"532\" data-start=\"292\"\u003e\n\u003cli data-end=\"370\" data-start=\"292\"\u003e\n\u003cp data-end=\"370\" data-start=\"294\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003eBy July 2008, Zimbabwe's inflation rate had exploded to over \u003cstrong data-end=\"75\" data-start=\"61\"\u003e2,200,000%\u003c\/strong\u003e, with unofficial estimates reaching upwards of \u003cstrong data-end=\"137\" data-start=\"123\"\u003e9,000,000%\u003c\/strong\u003e, reducing the currency to nearly worthless status.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"449\" data-start=\"371\"\u003e\n\u003cp data-end=\"449\" data-start=\"373\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003eThe agro‑cheque was the \u003cstrong data-end=\"48\" data-start=\"24\"\u003ehighest denomination\u003c\/strong\u003e of the “second dollar” (ZWN), equivalent to 10¹¹ dollars, tied for the most zeros on any currency note at the time.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-end=\"532\" data-start=\"450\"\u003e\n\u003cp data-end=\"532\" data-start=\"452\"\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003eDemonetized on \u003cstrong data-end=\"35\" data-start=\"15\"\u003e31 December 2008\u003c\/strong\u003e, it was phased out when Zimbabwe introduced the third dollar (ZWR) in 2009\u003c\/span\u003e\u003cspan class=\"relative -mx-px my-[-0.2rem] rounded px-px py-[0.2rem] transition-colors duration-100 ease-in-out\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-end=\"265\" data-start=\"262\"\u003e\n\u003ch4 data-start=\"947\" data-end=\"964\"\u003e🔍 Features:\u003c\/h4\u003e\n\u003cul data-start=\"965\" data-end=\"1255\"\u003e\n\u003cli data-start=\"965\" data-end=\"1038\"\u003e\n\u003cp data-start=\"967\" data-end=\"1038\"\u003eIssued for a limited time during Zimbabwe's economic collapse in 2008\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1039\" data-end=\"1112\"\u003e\n\u003cp data-start=\"1041\" data-end=\"1112\"\u003eFeatures \u003cstrong data-start=\"1050\" data-end=\"1062\"\u003egiraffes\u003c\/strong\u003e on the front and \u003cstrong data-start=\"1080\" data-end=\"1095\"\u003egrain silos\u003c\/strong\u003e on the reverse\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1113\" data-end=\"1205\"\u003e\n\u003cp data-start=\"1115\" data-end=\"1205\"\u003eIncludes \u003cstrong data-start=\"1124\" data-end=\"1143\"\u003esecurity thread\u003c\/strong\u003e, \u003cstrong data-start=\"1145\" data-end=\"1179\"\u003ewatermark of the Zimbabwe Bird\u003c\/strong\u003e, and red serial numbers\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"1206\" data-end=\"1255\"\u003e\n\u003cp data-start=\"1208\" data-end=\"1255\"\u003eOfficially \u003cstrong data-start=\"1219\" data-end=\"1255\"\u003edemonetized on December 31, 2008\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003chr data-start=\"1654\" data-end=\"1657\"\u003e\n\u003cblockquote data-start=\"1659\" data-end=\"1738\"\u003e\n\u003cp data-start=\"1661\" data-end=\"1738\"\u003e✅ All notes are guaranteed \u003cstrong data-start=\"1688\" data-end=\"1706\"\u003e100% authentic\u003c\/strong\u003e and ship in protective sleeves.\u003c\/p\u003e\n\u003c\/blockquote\u003e\n\u003chr data-start=\"1740\" data-end=\"1743\"\u003e\n\u003cp data-start=\"1745\" data-end=\"1812\"\u003e\u003cstrong data-start=\"1745\" data-end=\"1812\"\u003e📬 Ships Worldwide | Secure Packaging | Satisfaction Guaranteed\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eThis is a secure site, we are members of:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e- \u003cspan style=\"font-weight: 400;\"\u003eAmerican Numismatic Association\u003cbr\u003e- PMG\u003c\/span\u003e\u003c\/p\u003e\n\u003c!----\u003e","brand":"Lapo Numismatics","offers":[{"title":"Default Title","offer_id":48027155988788,"sku":"","price":25.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0757\/4968\/7604\/files\/V1AGROCHEQEZIMBABWEUNC_a430647a-a470-4053-95b6-13871176bb7b.jpg?v=1718826364"}],"url":"https:\/\/laponumismatics.com\/collections\/productos-home.oembed","provider":"Lapo Numismatics","version":"1.0","type":"link"}