© John Reynolds
© John Reynolds
5 Cents Bond Coin
2014 year| Brass plated steel | 2.85 g | 18.0 mm |
| Issuer | Zimbabwe › Zimbabwe (1980-date) |
|---|---|
| Period | Republic (1980-date) |
| Type | Standard circulation coin |
| Year | 2014 |
| Value | 5 Cents (0.05 ZWL) |
| Currency | Fifth Dollar (2016-2024; renamed RTGS Dollar in 2019) |
| Composition | Brass plated steel |
| Weight | 2.85 g |
| Diameter | 18.0 mm |
| Thickness | 1.85 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Medal alignment ↑↑ |
| Demonetized | 30 April 2024 |
| Updated | 2024-10-09 |
| Numista | N#68982 |
|---|---|
| Rarity index | 14% |
Reverse
Large 5 center on the background of numerals 5, denomination at the top, Bond Coin at the bottom.
Script: Latin
Lettering:
FIVE CENTS
5
BOND COIN
Edge
Plain.
Comment
The new currency was introduced by the RBZ (Reserve Bank of Zimbabwe) on December 18, 2014 in order to replace a multi-currency environment (Rand, USD, Euro) and to address the acute shortage of small change as a result of the hyperinflation which peaked in 2009. The newly issued currency was pegged 1:1 to the US Dollar.Interesting fact
The 5 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 was sold to investors with a promise to repay the face value of the coin plus interest 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 5 Cents (Bond Coin) 2014 coin.
