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1 Dollar Bond Coin
| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2016-2017 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | RBZ 2016 |
| Reverse description | The nickel-plated steel centre displays a large stylised numeral '1' overlapping a dollar sign ('$'), both rendered in a geometric, hatched graphic style against a patterned background of repeated denominational motifs. The legend 'ONE DOLLAR' appears in raised letters along the upper arc of the brass outer ring, while 'BOND COIN' is inscribed along the lower arc, with a small lozenge-shaped ornament flanking each side at the mid-field junction of the two metals. |
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| Additional information |
Zimbabwe's bond coins were introduced in late 2014 as a stopgap after the country abandoned its own currency in 2009 following the hyperinflationary collapse that peaked with the hundred-trillion-dollar note. Officially pegged one-to-one with the US dollar, the bond coins were never legal tender outside Zimbabwe and quickly attracted a black-market premium as US dollar coins — which they nominally replaced in small-change transactions — disappeared from circulation through hoarding.
By 2016–2017, public trust in the parity claim was already eroding, anticipating the bond note crisis that would accelerate through 2018–2019.