by Recyclersteve » Wed Jan 18, 2023 1:45 am
I bought several hundred of these for something like $3 each back in the day and sold them for something like $5 each. They sold like hot cakes. Now they’re over $100 each.
Something else about the Zimbabwe notes. I have a really neat framed collection of crisp uncirculated notes with every denomination from $1 to $100 trillion. The frame is approximately 3 feet wide and 4 feet high. This is a great way to start a discussion about the ravages of inflation with someone who doesn’t understand the concept.
It is also a VERY colorful set. For anyone who has some extra money to invest, this is something REALLY COOL to have! It looks fantastic when framed, but it would probably be a lot more practical to sell the notes unframed and have the buyer pay for framing.
In all these years I have never seen another set like this.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.