Largest overprint value change?
Oct 13, 2014 22:09:49 GMT -5
kacyds, Gordon Lee, and 5 more like this
Post by AussieTimmeh on Oct 13, 2014 22:09:49 GMT -5
Hi all,
Well I thought I would share something in my collection as I am new here, this seems like a pretty nice community on the web, and I'd like to contribute something interesting. I looked through the forums and I think this is the right one to post this in?
We all know about overprints and how they can get crazy during times of inflation. I wanted to share a pair of stamps I have from growing up in former Zaire as a kid, and hopefully other people can share their own similar stories!
(Photo taken during sorting, sorry it's not a high-res scan)
The currency of Zaire was the Zaire (Z), but when hyperinflation devalued this to the point of being ridiculous, it was replaced with the New Zaire (NZ).
The original value of these stamps is 1.50 Zaires (former Belgian colony used French numbering, hence the comma). One has been overprinted to 250 New Zaires while the other is 6,000 New Zaires. One New Zaire was exchanged for 3,000,000 old Zaires.
This would indicate that the 250NZ stamp is overprinted to 500,000,000 times its original value (250/1.5 * 3,000,000), and the 6000NZ stamp is overprinted to 12,000,000,000 times its original value.
I thought it was interesting anyway, both the difference in original and overprint values, and also that two otherwise identical stamps have different overprint values.
This is the largest value change I have in my collection. I'd love to know if anyone else has stamps with ridiculous overprint values?
Well I thought I would share something in my collection as I am new here, this seems like a pretty nice community on the web, and I'd like to contribute something interesting. I looked through the forums and I think this is the right one to post this in?
We all know about overprints and how they can get crazy during times of inflation. I wanted to share a pair of stamps I have from growing up in former Zaire as a kid, and hopefully other people can share their own similar stories!
(Photo taken during sorting, sorry it's not a high-res scan)
The currency of Zaire was the Zaire (Z), but when hyperinflation devalued this to the point of being ridiculous, it was replaced with the New Zaire (NZ).
The original value of these stamps is 1.50 Zaires (former Belgian colony used French numbering, hence the comma). One has been overprinted to 250 New Zaires while the other is 6,000 New Zaires. One New Zaire was exchanged for 3,000,000 old Zaires.
This would indicate that the 250NZ stamp is overprinted to 500,000,000 times its original value (250/1.5 * 3,000,000), and the 6000NZ stamp is overprinted to 12,000,000,000 times its original value.
I thought it was interesting anyway, both the difference in original and overprint values, and also that two otherwise identical stamps have different overprint values.
This is the largest value change I have in my collection. I'd love to know if anyone else has stamps with ridiculous overprint values?
oh my goodness!!!