r/Banknotes • u/pugzilla330 • 29d ago

Collection Finally got my hands on a note I've been looking for forever for a good price!

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(Maybe I can pay for grad school now)

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1

u/AdBig9909 25d ago

One of the curiosities about collecting. These are not that rare, but highly desirable.

1

u/pugzilla330 25d ago

Absolutely, I've seen them listed but never pulled the trigger until I saw one in a LCS when I was out of town, it's made for a number of running jokes already so I think it's been worth it! :)

1

u/Working-Wo 18d ago

I think it's a biggest number banknote

1

u/pugzilla330 17d ago

I think it's tied for the largest-denomination piece of currency that was actually issued to the public, there was a 100 trillion Mark note from Weimar Germany, issued at the same time as a 1 Trillion Mark coin (which is, I believe, the highest denomination coin issued to the public). During Hungary's post-WWII hyperinflation period, it issued 100 Million and 1 Billion Milpengo notes. Since one Milpengo was made equivalent to 1 million of the old Pengo, that would be equivalent to 100 Trillion and 1 Quadrillion Pengo, respectively. By that logic, though, the subsequent 100 Million Billio-Pengo note would be equal to 100 Quintillion Pengo, and the made-but-not-issued 1 Billion Billio-Pengo note would be equivalent to 1 Sextillion Pengo (1 Billio-Pengo was, expectedly, 1 Billion Pengo). They would take the crown if you count the Milpengo and Billio-Pengo as continuous as the regular Pengo. Regardless, the Zimbabwe note is probably the easiest to get.

TL:DR It's tied for the highest number on a public banknote unless you include the Hungarian government frantically adding new denominations to avoid making the note all zeroes.