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10 000 Dollars Emergency Bearer Cheque

Issuer Reserve Bank of Zimbabwe
Year 2003
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Size 147 × 73 mm
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Obverse lettering $10000 RESERVE BANK OF ZIMBABWE $10000 BEARER CHEQUE Pay the bearer on demand TEN THOUSAND DOLLARS on or before 31st January 2004 for the Reserve Bank of Zimbabwe Issued date: 15 September 2003
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Reverse lettering 50505050
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Zimbabwe's hyperinflation was already severe by 2003, but this note predates the truly catastrophic phase — the 100 trillion dollar notes were still five years away. The "Emergency Bearer Cheque" designation was a legal workaround: by issuing these instruments as cheques rather than banknotes, the Reserve Bank sidestepped statutory limits on currency issuance that the government's own legislation had imposed.

Fidelity Printers and Refiners, a subsidiary of the Reserve Bank itself, handled production domestically — a consequence of Zimbabwe's increasing international isolation making foreign security printing contracts difficult to maintain.