© John Reynolds
© John Reynolds
10 Cents Bond Coin
2014 year| Brass plated steel | 3.80 g | 20.0 mm |
| Issuer | Zimbabwe › Zimbabwe (1980-date) |
|---|---|
| Period | Republic (1980-date) |
| Type | Standard circulation coin |
| Year | 2014 |
| Value | 10 Cents (0.10 ZWL) |
| Currency | Fifth Dollar (2016-2024; renamed RTGS Dollar in 2019) |
| Composition | Brass plated steel |
| Weight | 3.80 g |
| Diameter | 20.0 mm |
| Thickness | 2.0 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | 30 April 2024 |
| Updated | 2024-10-09 |
| Numista | N#68983 |
|---|---|
| Rarity index | 13% |
Reverse
Large 10 in the centre, denomination at the top, Bond Coin at the bottom
Script: Latin
Lettering:
TEN CENTS
10
BOND COIN
Translation:
Ten Cents
10
Bond Coin
Edge
Reeded
Comment
Introduced by the RBZ (Reserve Bank of Zimbabwe) on December 18, 2014 in order to replace a multi-currency environment (USD, EUR, SAR) and to address the acute shortage of small change as a result of a decade of hyperinflation which peaked in 2009. The newly issued currency was pegged 1:1 to the US Dollar.Interesting fact
The 10 Cents (Bond Coin) 2014 from Zimbabwe is unique in that it was issued as a bond coin, meaning that it was issued as a form of debt security, rather than a traditional currency. This was done as a way for the Zimbabwean government to raise funds for various projects and initiatives, and the coin's value is backed by the government's promise to repay the bond at a later date. This makes it an interesting collector's item for numismatists and those interested in unique financial instruments.
Price
| Date | Mintage | VG | F | VF | XF | AU | UNC |
|---|---|---|---|---|---|---|---|
| 2014 | - | - | - | - | - | - |
Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 10 Cents (Bond Coin) 2014 coin.
