Most Valuable Zimbabwe Banknotes, Ranked (2026)
The most valuable Zimbabwe banknote is the 100 trillion dollar note (Pick P-91): a raw uncirculated example retails for $198.17 at Planet Banknote in July 2026, a PMG 68 EPQ example for $367, and a 100-note consecutive bundle tops our list at $19,369. Below, every Zimbabwe note in our standing stock, ranked by current retail, with the 20 trillion and 50 trillion close behind the flagship.
Last updated: July 2026
Zimbabwe banknotes ranked by value (July 2026)
The ranking below uses Planet Banknote's own current retail listings, so every figure is a real, dated price rather than an estimate. The 100 trillion dollar note holds the top seven positions across its formats and grades, followed by the 20 trillion set and the 50 trillion.
| Rank | Zimbabwe banknote | Format / grade | Planet Banknote current retail |
|---|---|---|---|
| 1 | 100 Trillion Dollars P-91 | 100-note consecutive UNC bundle with COA | $19,369 |
| 2 | 100 Trillion Dollars P-91 | PMG 68 Superb Gem UNC EPQ | $367 |
| 3 | 100 Trillion Dollars P-91 | PCGS 68 Superb Gem UNC PPQ | $329 |
| 4 | 100 Trillion Dollars P-91 | PMG 67 Superb Gem UNC EPQ | $279 |
| 5 | 100 Trillion Dollars P-91 | PMG 66 Gem UNC EPQ | $229 |
| 6 | 100 Trillion Dollars P-91 | PMG 65 Gem UNC EPQ | $209 |
| 7 | 100 Trillion Dollars P-91 | Raw UNC, AA prefix | $198.17 |
| 8 | 20 Trillion Dollars P-89 | 5-note consecutive AA UNC set | $189 |
| 9 | 50 Trillion Dollars P-90 | PMG 66 | $159 |
| 10 | 50 Trillion Dollars P-90 | PMG 65 | $139 |
| 11 | 50 Trillion Dollars P-90 | Raw UNC, AA prefix | $119 |
Planet Banknote current retail, July 2026. Prices change with inventory and market conditions.
One note is deliberately missing. The 10 trillion dollar note (P-88) is the fourth member of the Trillion Series, but we stock it in sets and bundles as availability allows and do not publish a standing single-note price for it, so it is not ranked above. We would rather leave a gap than print a number we cannot back.
Why does the 100 trillion top every ranking?
The 100 trillion dollar note is the highest-denomination banknote of the modern era, with fourteen zeros, and it circulated for only about three months, which makes it both the most famous and the most collected artifact of Zimbabwe's hyperinflation.
The note is dated 2008, was released in January 2009, and was withdrawn in April 2009 when Zimbabwe abandoned its dollar for a multi-currency system. It arrived at the climax of a crisis in which inflation peaked at approximately 79.6 billion percent month-on-month in mid-November 2008, per economist Steve Hanke (Cato Institute). The government formally demonetized the currency in 2015 (Reuters, June 2015), which fixed the surviving supply, and by 2016 The Guardian had documented that these notes were sought-after collectibles with strong resale value.
One honest clarification: it is not the highest denomination ever printed. Hungary's 1946 pengő series carried larger face values. The 100 trillion's accurate title is the highest-denomination banknote of the modern era, and that title, plus its dramatic front design of the Chiremba Balancing Rocks, is what keeps demand steady. The whole story is told on our Zimbabwe hyperinflation page and in every hyperinflation ranked.
What makes one Zimbabwe note worth more than another?
Three things move a Zimbabwe note up this ranking: certified grade, paper-quality designation, and format. The same 100 trillion note spans $198.17 to $367 depending on grade alone.
- Grade. PMG and PCGS grade notes on a 1 to 70 scale. Our 100 trillion ladder climbs from $198.17 raw through $209 at PMG 65 EPQ to $367 at PMG 68 EPQ, and the price tracks the number, not the brand on the holder. Our grading guide explains the scale, and PMG vs PCGS compares the two services.
- Paper quality. EPQ (PMG) and PPQ (PCGS) certify original, unaltered paper with no pressing, repair, or cleaning. A note carrying either designation is generally worth more than the same numeric grade without it.
- Format. Consecutive serial runs carry a premium because unbroken runs get rarer every year as bundles are split up. The 100-note consecutive bundle at $19,369 works out to about $194 per note, priced for the intact run, and the 20 trillion five-note set applies the same idea at $189.
Denomination alone does not set the order. The 50 trillion carries half the face value of the 100 trillion yet retails at $119 raw against $198.17, because collector demand concentrates on the flagship. Scarcity, condition, and demand drive price, not the number of zeros.
Where do the other Trillion Series notes fit?
The 50 trillion is the budget route to a certified trillion note, the 20 trillion set is the affordable way to own consecutive serials, and the 10 trillion completes the four-note run.
The 50 trillion (P-90) at $119 raw, $139 PMG 65, and $159 PMG 66 is the only denomination besides the flagship that we stock in certified form. The 20 trillion (P-89) five-note consecutive AA set at $189 works out to under $38 per uncirculated note. The 10 trillion (P-88) rounds out the series as sets and bundles become available. For a full head-to-head of all four denominations and a suggested buying order, see our Trillion Series comparison.
How to buy valuable Zimbabwe notes safely
The 100 trillion is one of the most counterfeited and misdescribed items in world paper money, so authentication comes before price. Genuine notes are cotton banknote paper; gold foil versions are novelty replicas worth a few dollars.
Start by ruling out the novelty trap: shiny gold, silver, or colored foil "100 trillion" pieces sold online were never printed by the Reserve Bank of Zimbabwe and have no numismatic value beyond novelty. Our real vs gold foil replica comparison shows the two side by side. On a genuine note, the Zimbabwe Bird in the lower right shifts between gold and bronze when tilted, and the note fluoresces under a UV blacklight; the real vs fake guide walks through every check.
Then buy with a safety net. A PMG or PCGS holder settles authenticity, and the certification number can be verified on the grading service's own website. Browse certified examples in our graded banknotes, pick up raw notes from the Zimbabwe collection, or pair the flagship with other collapses in a hyperinflation set. Every Planet Banknote order ships with a free Certificate of Authenticity.
Frequently asked questions
What is the most valuable Zimbabwe banknote?
The Zimbabwe 100 trillion dollar note (Pick P-91). At Planet Banknote current retail in July 2026, the top single note is a PMG 68 Superb Gem UNC EPQ example at $367, and the top item overall is a 100-note consecutive uncirculated bundle with Certificate of Authenticity at $19,369. It is the highest-denomination banknote of the modern era, with fourteen zeros.
How much is a Zimbabwe 100 trillion dollar note worth in 2026?
At Planet Banknote current retail in July 2026, a raw uncirculated AA-prefix 100 trillion note is $198.17, and certified examples run from $209 for PMG 65 EPQ to $367 for PMG 68 EPQ, with PCGS 68 PPQ at $329. Prices change with inventory and vary between dealers, so treat these as one dealer's dated retail rather than a fixed market price.
Why is the 100-note consecutive bundle worth $19,369?
Because unbroken consecutive serial runs get rarer every year as original bundles are split up and sold as singles. The bundle holds one hundred uncirculated AA-prefix 100 trillion notes with consecutive serial numbers and ships with a Certificate of Authenticity, and its $19,369 price works out to about $194 per note, priced for the intact run rather than the individual notes.
Is the Zimbabwe 100 trillion the highest-denomination banknote ever printed?
No. It is the highest-denomination banknote of the modern era, with fourteen zeros, but higher face values were printed earlier, most notably in Hungary's 1946 pengő series. Planet Banknote describes the note by that accurate title rather than claiming it is the highest denomination ever printed.
Are gold foil Zimbabwe 100 trillion notes valuable?
No. Gold, silver, and colored foil "100 trillion" pieces are novelty replicas sold online. They were never printed by the Reserve Bank of Zimbabwe, they are not banknotes or legal tender, and they have no numismatic value beyond novelty, typically retailing for a few dollars. Genuine 100 trillion notes are printed on cotton banknote paper.
Planet Banknote is a family-owned dealership in Sarasota, Florida, founded in 2021. Every note is sourced direct from mints, central banks, and authorized distributors, inspected through our Planet Banknote Verified process, and ships with a free Certificate of Authenticity. US orders ship free via USPS Priority, and every order includes a free bonus gift.
Want the wider picture beyond Zimbabwe? Our ranking of the most valuable world banknotes puts these notes alongside the seven-figure auction record-holders, and the 100 trillion price index tracks the flagship's retail ladder month by month.