Zimbabwe 10 vs 20 vs 50 vs 100 Trillion Dollar Notes Compared (2026)
The Zimbabwe Trillion Series is four notes: 10 trillion (P-88), 20 trillion (P-89), 50 trillion (P-90), and 100 trillion (P-91). At Planet Banknote in July 2026, the 50 trillion retails at $119 raw UNC, a five-note 20 trillion set at $189, and the flagship 100 trillion from $198.17 raw to $367 certified. Buy the 100 trillion first: it is the highest-denomination banknote of the modern era, with fourteen zeros, and the note the entire series is remembered for.
Last updated: July 2026
How do the four Trillion Series notes compare?
All four notes come from Zimbabwe's 2008 series, carry the same hyperinflation story, and were withdrawn together in April 2009. What separates them is denomination, how Planet Banknote stocks them, and price.
| Denomination | Pick number | What Planet Banknote stocks | Current retail (July 2026) |
|---|---|---|---|
| 10 Trillion | P-88 | Sets and bundles as available | Ask for availability |
| 20 Trillion | P-89 | 5-note consecutive AA UNC set | $189 per set |
| 50 Trillion | P-90 | Raw UNC (AA prefix), PMG 65 to 66 | $119 raw; $139 to $159 graded |
| 100 Trillion | P-91 | Raw UNC (AA prefix), PMG 65 to 68 EPQ, PCGS 68 PPQ, 100-note bundle with COA | $198.17 raw; $209 to $367 graded |
Planet Banknote current retail, July 2026. Prices change with inventory and market conditions. Where we do not hold standing stock, we say so rather than quote a price we cannot back.
What is the Zimbabwe Trillion Series?
The Trillion Series is the set of 10, 20, 50, and 100 trillion dollar notes (Pick P-88 through P-91), the last family of banknotes the Reserve Bank of Zimbabwe issued before withdrawing its dollar in April 2009.
The series exists because Zimbabwe's currency was collapsing faster than the central bank could print. Inflation peaked at approximately 79.6 billion percent month-on-month in mid-November 2008, per economist Steve Hanke (Cato Institute), which meant prices were roughly doubling every day. The Reserve Bank answered with ever-larger denominations, and the Trillion Series was its final family of notes. The flagship 100 trillion is dated 2008, was released in January 2009, and was withdrawn in April 2009 when Zimbabwe abandoned its dollar for a multi-currency system.
These notes had already lost nearly all of their purchasing power the day they entered circulation, which is exactly why so many survive in uncirculated condition: most were never spent. The Zimbabwe dollar was formally demonetized in 2015 (Reuters, June 2015), so no bank will exchange any of the four denominations. Their entire value today is collector demand. For the full crisis timeline, see our Zimbabwe hyperinflation museum page, and for how catalog references like P-88 through P-91 work, see the Pick numbers guide.
What is each trillion note worth in 2026?
Working up the ladder: the 50 trillion starts at $119 raw, the 20 trillion comes as a $189 five-note set, and the 100 trillion runs from $198.17 raw to $367 certified. The 10 trillion has no standing price in our catalog, so we describe it rather than guess.
10 Trillion dollars (P-88): the note that completes the run
The 10 trillion is the lowest denomination of the four and the one we hold least often as standing stock. Planet Banknote stocks it in sets and bundles as availability allows rather than as a fixed single-note listing, so we do not publish a retail price for it here. If you want one, ask about current availability or watch the Zimbabwe collection. For most collectors it makes the most sense as the note that completes the four-note run, not as a first purchase.
20 Trillion dollars (P-89): the consecutive set
Planet Banknote stocks the 20 trillion as a five-note consecutive AA uncirculated set at $189, which works out to under $38 per note. The set format is the draw here. Unbroken runs of consecutive serial numbers get rarer every year as original bundles are split up, so a five-note run offers a small taste of what makes the 100-note consecutive bundle so sought after, at a fraction of the cost.
50 Trillion dollars (P-90): the affordable graded option
The 50 trillion retails at $119 for a raw uncirculated AA-prefix example, and it is the only denomination besides the 100 trillion that we stock certified: $139 for PMG 65 and $159 for PMG 66. If you want a slabbed Trillion Series note without paying flagship prices, this is the note. The 1 to 70 grading scale and the meaning of designations like EPQ are explained in our banknote grading guide.
100 Trillion dollars (P-91): the flagship
The 100 trillion is the highest-denomination banknote of the modern era, with fourteen zeros across its face, and its front carries the Chiremba Balancing Rocks, the granite formation that appeared on Zimbabwean money for decades. It is dated 2008, was released in January 2009, and was withdrawn in April 2009. At Planet Banknote current retail it runs $198.17 for raw UNC with the AA prefix, then $209 (PMG 65 EPQ), $229 (PMG 66 EPQ), $279 (PMG 67 EPQ), $329 (PCGS 68 PPQ), and $367 (PMG 68 EPQ). A 100-note consecutive uncirculated bundle with Certificate of Authenticity retails for $19,369. The full grade-by-grade breakdown lives in our 100 trillion value guide and the monthly price index.
Which trillion note should you buy first?
Buy the 100 trillion first. It is the note the series is famous for, the one with the deepest documentation, and the one whose price ladder is fully published, from $198.17 raw to $367 certified.
A sensible order for building the full set:
- Start with the 100 trillion (P-91). It anchors the story. The Guardian documented back in 2016 that these notes had become sought-after collectibles with strong resale value, and it remains the single most recognizable hyperinflation note in the world. Raw at $198.17 or certified from $209.
- Add the 50 trillion (P-90) second. At $119 raw it is the least expensive single trillion note in our standing stock, and graded examples exist at $139 and $159 if you prefer a slab.
- Take the 20 trillion (P-89) as a set. The $189 five-note consecutive run adds a format you cannot get from a single note.
- Finish with the 10 trillion (P-88). Ask about availability and complete the four-note run.
If you would rather buy the story in one order, our hyperinflation sets pair Zimbabwe notes with other historic currency collapses, and the wider context is ranked in every hyperinflation in history.
How do you know a trillion note is genuine?
The 100 trillion is the most copied note in the hobby, so check before you buy: genuine notes are cotton banknote paper, the Zimbabwe Bird on the 100 trillion shifts between gold and bronze when tilted, and genuine trillion-series notes fluoresce under a UV blacklight.
The most common source of confusion is not even a counterfeit. Shiny gold foil "100 trillion" pieces sold online are novelty replicas, never printed by the Reserve Bank of Zimbabwe, and worth a few dollars at most. Our real vs gold foil replica comparison covers that trap in detail, the real vs fake guide walks through every check step by step, and the authentication reference tabulates each security feature against its counterfeit tell.
The strongest guarantee is a note already certified by PMG or PCGS, since both services authenticate every note before grading it on the 1 to 70 scale and seal it in a tamper-evident holder with a verifiable certification number. Browse our graded banknotes to compare holders, or read PMG vs PCGS if you are choosing between services. Every raw note we sell passes the Planet Banknote Verified inspection and ships with a free Certificate of Authenticity.
Frequently asked questions
What are the four Zimbabwe Trillion Series notes?
The Trillion Series is the 10 trillion (Pick P-88), 20 trillion (P-89), 50 trillion (P-90), and 100 trillion (P-91) dollar notes, the last family of banknotes the Reserve Bank of Zimbabwe issued before withdrawing its dollar in April 2009. All four come from Zimbabwe's 2008 series, and the Zimbabwe dollar was formally demonetized in 2015, so their value today is entirely collector demand.
Which Zimbabwe trillion dollar note is worth the most?
The 100 trillion (Pick P-91). At Planet Banknote current retail in July 2026 it runs from $198.17 for a raw uncirculated AA-prefix example to $367 for PMG 68 EPQ, and a 100-note consecutive uncirculated bundle with Certificate of Authenticity retails for $19,369. Prices change with inventory. It is the highest-denomination banknote of the modern era, with fourteen zeros.
Which Zimbabwe trillion note should I buy first?
Buy the 100 trillion (P-91) first. It is the flagship of the series, the most documented, and the most recognizable hyperinflation note in the world, starting at $198.17 raw or $209 certified at Planet Banknote in July 2026. Add the 50 trillion at $119 raw second, take the 20 trillion as the $189 five-note consecutive set, and finish the run with the 10 trillion as availability allows.
What is a Zimbabwe 50 trillion dollar note worth in 2026?
At Planet Banknote current retail in July 2026, a raw uncirculated 50 trillion dollar note (Pick P-90) with AA prefix is $119, a PMG 65 example is $139, and a PMG 66 example is $159. Prices change with inventory. It is the only Trillion Series denomination besides the 100 trillion that Planet Banknote stocks in certified form.
Can I still spend or exchange Zimbabwe trillion dollar notes?
No. The Trillion Series was withdrawn in April 2009 when Zimbabwe abandoned its dollar for a multi-currency system, and the currency was formally demonetized in 2015 (Reuters, June 2015). No bank will exchange any of the four notes, so their entire value comes from collector demand, which is why condition, grading, and authentication matter so much.
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.
Ready to compare the notes in hand? Browse the full Zimbabwe banknote collection, step up to certified examples in our graded banknotes, or track the flagship's prices month by month in the 100 trillion price index.