Estimate: 100.000 CHFRussia, Alexander II.
Gold medal.
Saving the life of the Tsar during the
failled assassination attempt by Soloviev.
1112
Estimate: 25.000 CHFGreek world, S
yracuse, Dionysius I.
Decadrachm,
signed with EU - AINE.
1002
Estimate: 20.000 CHFRoman Empire.
Septimus Severus.
Aureus after 149.
The only known specimen.
1007
Estimate: 40.000 CHFGermany,
City of Wrocław/Breslau.
25 Ducats 1669.
Of the highest rarity.
1032
Estimate: 200.000 CHFGreat Britain.
Victoria.
Pattern 5 Pounds 1839,
Una and the lion.
Of the highest rarity. NGC PF63.
1059
Estimate: 7.500 CHFCzechia, Wallenstein.
Albrecht von Wallenstein.
Ducat 1627.
Very rare.
1122
Estimate: 35.000 CHFHungary, Transylvania.
Michael Apafi.
10 Ducat Klippe 1683.
Of the highest rarity.
1131
Estimate: 25.000 CHFSwitzerland, Grisons,
Diocese of Chur.
Johann Anton v.Federspiel.
1/6 Reichstaler 1758.
Probably the only known specimen.
1185
Estimate: 175.000 CHFSwitzerland, Confederation.
5 Francs 1886.
Of the highest rarity.
Only five specimens struck
1217
Estimate: 25.000 CHFSwitzerland, Bern.
Quintuple gold Gulden 1501.
Off-metal strike in gold of the Guldiner.
Of the highest rarity.
5081
Archive: People and Markets

Zimbabwe Issues Digital Gold Tokens for Investors

The Reserve Bank of Zimbabwe (RBZ) invites applications from Individuals, Financial Institutions, Corporates and Other Entities to subscribe for the issuance of RBZ Gold- Backed Digital Tokens No.1/2023. Applications for the RBZ Gold-Backed Digital Tokens must be for a minimum of US$10 for individuals and US$5,000 for financial institutions, corporates and other entities. Application forms are available from RBZ, Commercial Banks, Building Societies and the People’s Own Savings Bank (POSB).

Content

The Reserve Bank of Zimbabwe (in the centre) is the tallest building in Harare. Photo: Baynham Goredema from Johannesburg, South Africa / CC BY 2.0

The Reserve Bank of Zimbabwe (in the centre) is the tallest building in Harare. Photo: Baynham Goredema from Johannesburg, South Africa / CC BY 2.0

Purpose of Issue of Zimbabwe’s Digital Tokens

The RBZ Gold-backed Digital Tokens are being issued to expand the value-preserving instruments available in the economy, enhance divisibility of the investment instruments and widen their access and usage by the public. The digital tokens will be issued for investment purposes with a vesting period of 180 days and redeemable in the same way as the existing physical gold coins. The digital tokens will be available for sale, through banks, in both foreign and local currency. Banks will create dedicated or specific accounts for the holding of the gold-backed digital tokens (e-gold wallets or e-gold cards). Holders of physical gold coins, at their discretion, will be able to exchange or convert, through the banking system, the physical gold coins into gold-backed digital tokens.

The digital tokens held in either e-gold wallets or e-gold cards will be tradable and capable of facilitating Person-to-Person (P2P) and Person-to-Business (P2B) transactions and settlement. It therefore means that the gold-backed digital tokens would be used both as a means of payment and a store of value.

Features of Zimbabwe’s Gold-Backed Digital Tokens:

  • Issuer: Reserve Bank of Zimbabwe
  • Vesting Period: 180 days
  • Purpose of Issue: To provide investors with a platform to save, invest and transact in gold
  • Offer Opens: Monday, 8 May 2023 at 0800 hours
  • Offer Closes: Wednesday, 10 May 2023 at 1 200 hours
  • Payment: Thursday, 11 May 2023
  • Issuance Date: Friday, 12 May 2023
  • Prescribed Asset Status & Liquid Asset Status
  • Acceptable as collateral and tradable
  • Bearer instrument
  • Settlement will be done in local or foreign currency.

How to Apply for Zimbabwe’s Digital Tokens

Completed Application Forms should be submitted through Commercial Banks, Building Societies and the POSB. The application form and prospectus for the RBZ Gold-backed digital tokens are attached to this issuance note.

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