![]() Wolstencroft wasn’t alone in seeing the potential of trillion dollar notes. “Over the long term, cash loses its value.” “One of the independent financial advisers used to give the notes out to prospective clients to show why they should invest away from cash in a diverse range of assets, such as real estate, gold, stocks and shares,” he says. When he returned to Britain he gave some to a financial company he works with. He gave some out to members of the club, as promised, and kept the rest. The price had already risen since his first purchase they were £1.50 each. ![]() Wolstencroft went away and bought several hundred more notes. John (left) and Vishal Wolstencroft sell trillion dollar notes from the defunct Zimbabwean currency to collectors I realised then these notes were going to become a collector’s item.” I tried to explain they were just a gift, but they just upped their offer. “People started offering me money for them. “I didn’t have enough notes to go round,” he says. He brought a handful of the Zimbabwean notes along to his first meeting to give out as a way of saying thank you for letting him join the club, but there were more people there than he was expecting. At the time, the great central banking experiment of quantitative easing and a 0% interest rate policy was making a lot of people nervous. ![]() In 2010-11, Wolstencroft was living in New Zealand where he joined an investment club, made up mostly of locals and US expats. “I always found they were a good conversation starter,” he says. John Wolstencroft, a private investor, bought a batch of them to give away. However, it’s thought that only a few million of them were ever printed. You needed a bale of notes just to buy a few household essentials. At one stage a hundred trillion dollar note would not even cover a bus fare.
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