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25 Cents Bond Coin
| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2014 |
| 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 |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | RBZ 2014 |
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| Edge | Reeded |
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| Additional information |
Zimbabwe's "bond coins" were introduced in 2014 as a stopgap after the country abandoned its own dollar in 2009 following the hyperinflationary collapse that peaked at an estimated 89.7 sextillion percent in November 2008. Officially pegged one-to-one with the US dollar, the coins were struck by the South African Mint on behalf of the Reserve Bank and denominated to fill the chronic shortage of small US dollar change that had plagued the dollarized economy for five years.
Public skepticism was immediate and persistent. Many Zimbabweans refused them outright, doubting the peg would hold — a suspicion vindicated when bond notes introduced in 2016 eventually traded well below par.