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Description
The Reserve Bank of Zimbabwe began to release Zimbabwean Bond Coins on December 18, 2014. A 50 cent Bond Coin was finally released in March 2015.
The coins are being issued to remedy a lack of small change resulting from the absence of a solid seigniorage contract with the USA, South Africa or any of several other countries whose currencies, including the U.S. dollar and the euro, are being used in the multi-currency regime that arose in 2009, when Zimbabwe abandoned the Zimbabwean dollar in response to several cycles of hyperinflation.
The Bond Coins are the first Zimbabwean coins since 2003.
Obverse
|
The abbreviation of the Reserve Bank of Zimbabwe (RBZ) in various positions with coin date centered. 2014 |
|---|---|
Reverse
|
Enclosed in circle with "50" surrounded by "FIFTY CENTS BOND COIN". FIFTY CENTS |
| Edge |
Characteristics
| Material | Nickel Plated Steel |
| Weight | 6 g |
| Diameter | 25 mm |
| Thickness | 2 mm |
| Shape |
round
|
| Alignment | Medal |
| Mint |
South African Mint (SA Mint)
|
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_Kopecks_50/1924_16.12.2015_22.59-125.jpg "50 Kopecks 1924-1927, Y# 89, Russia, Soviet Union (USSR)")
_Kopecks_50/1924_16.12.2015_22.59_01-125.jpg "50 Kopecks 1924-1927, Y# 89, Russia, Soviet Union (USSR)")
7 ribbons
Silver, 10 g, ⌀ 26.5 mm
