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iraqdinar · 2 years
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Counterfeit 100 Trillion Zimbabwe Currency Banknotes Infect eBay’s Zim Offerings
By: Peter Egan
Zimbabwe banknotes (aka: “Zim Bonds”) being sold out of China have been identified as fake. How prevalent is the problem?
“The whole (eBay) marketplace is toxic right now as a result...“  ~ eBay Seller
Sometime in May I made a purchase of an eBay listing for ten $100 Trillion Zimbabwe banknotes from a new seller I was not familiar with who was based out of China. I do business with a couple of Chinese sellers who are great to do business with, whose products are always authentic, relatively inexpensive and delivered to me quickly. This seller is not one of them. The listing was priced well below market rates, and part of me suspected they might be fake. Still, the price was too good to not give it a shot, figuring that if in fact they were fake I could always return them.
BELOW: Counterfeit $100 Trillion Dollar Bill (Zimbabwe Currency)
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BELOW: Zimbabwe Flag
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Until I saw a counterfeit Zimbabwe $100 trillion dollar banknote from the 2008 hyperinflation currency, I didn’t believe that they even existed. After all, why would anyone who has made the investment into state-of-the-art counterfeiting equipment and the supplies needed to operate it waste their time, money and focus forging a currency that has the dubious distinction of being history’s most worthless currency? They wouldn’t, right?
Well, I figured they’d be out making dollars or Euros or Yen or something similar until I opened up a shipment from an eBay seller whose price was so low I had to take a flier on his products. 
Well, my first assessment of these notes from China was correct. The notes did in fact turn out to be fake. However, they were such good fakes that I would be shocked if most buyers would have been able to determine that they were in fact counterfeit. The notes even had the long-rumored color-changing ink on the left-side of the obverse side of the note (more on this in a bit). However, the notes lacked any of the security fibers that glow under ultraviolet lighting, which is the one security feature present in every authentic $100 trillion Zim bond note I’ve inspected. Color-changing ink is not, however so many high-profile sellers have documented that this is a security feature present (it is not -- at least not in enough of the legitimate, authentic notes to be used to exclude all notes absent it) that buyers generally tend to go in with the false impression that notes absent that ink are fake. The truth is that in all of my research, I’ve seen $10, $50 and $100 trillion Zimbabwe banknotes that were authentic and had serial numbers printed with an ink that changed from red to bright orange under UV lighting. However these make up a very small percentage of the notes in these denominations, as most authentic notes do not have this feature.
BELOW: Gif of a Hollywood money counterfeiting machine.
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The absence of the security fibers was enough to raise red flags about my purchase from a new-to-eBay Chinese vendor. Other noticeable discrepancies including the coloring being slightly off make me even more suspicious. Finally, I went and brought them to a professional who conformed what by then I already knew --- that the ten 100T notes I bought were fake. When I went to try to return them I found that the seller’s eBay account was no longer active, but by looking at the old listing, I was able to determine that he had sold at least nine lots of ten notes to other buyers besides myself, a few of whom left positive feedback.
“The whole (eBay) marketplace is toxic right now as a result of these fake notes entering circulation over there. There’s no telling how many have not been identified and removed from circulation. The seller who reported these did so at his own expense, and he took a considerable loss to remove the fake ones from the marketplace. How many others would be willing to eat a loss when they know they can get away with selling them and making them someone else’s problem. And that’s just the ones who figure out that they’re fake. Most won’t even get that far, especially collectors who don’t sell the stuff for a living.”   ~ eBay Seller on the Plague of Counterfeit 100 Trillion Zim notes on the eBay platform
I personally have observed these same notes as those I had purchased, sold by the same seller, listed for resale by other US-based collectors who had decided to try to take advantage of the low rate to flip some of their steal of a deal (at least in their minds... I doubt most collectors even realize that they’re counterfeit), many selling enough to pay for those they keep. But the problem that causes is now they’re in circulation on eBay and are being traded on eBay among secondary sellers who bought from the same Chinese vendor I purchased from, only they haven’t sold hundreds if not thousands of authentic 100 Trillion notes and weren’t able to establish that they were counterfeit like I was able to do.
BELOW: The counterfeit one-hundred trillion dollar Zimbabwe banknote viewed by me under ultraviolet (UV) lighting.
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ABOVE: Notice the total lack of security fibers, an omission that becomes more glaring when coupled with the color-changing ink.
So once I knew the notes were fake and knew I couldn’t return them for a refund, I decided to absorb the loss and not resell them. I will be making a couple of videos in which I’ll attempt to communicate to buyers what to look for and how to know if the note you’ve purchased is real or fake, but other than that I have no intention to use or sell the notes, and will almost certainly destroy them on video, a copy of which will be posted here to prove the notes were all destroyed.
In the meantime, buyers should carefully vet their sellers if buying 2008 Zimbabwe banknotes, especially if buying from eBay. It may be best to just avoid eBay for a few weeks and let the market cleanse itself of the forgeries.
BELOW: Egan Store (good seller who is absorbing a loss so more counterfeit notes don’t enter circulation) official logo banner.
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If anyone has any questions I can be reached through the messaging feature on Etsy. The Egan Store Etsy shop URL is: https://www.etsy.com/shop/EganStore, but most repeat customers simply type www.EGAN.store into their web browser of choice to reach us without having to make several unnecessary clicks.
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suja-janee · 3 months
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Look just hear me out-
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hermajestytak · 6 months
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Zim wants parents so bad, somebody adopt him already
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At least they got to have a sweet moment before everything went to shit in Chapter 18
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I am so so so insane about Sonic and Tails
Like they just
They meet each other in every universe? In every universe we've seen they meet each other
In every adaptation they both exist they find each other
In every universe only a version of Tails lives in, a Sonic eventually meets him (even if he has to traverse worlds to do so)
Sonic Prime showed us different examples of worlds without Sonic, and versions of Tails who never met him. And yet, even they bond with him eventually
Maybe they don't have the same dynamic every time, but they're bound to have some sort of relationship in every universe. That drives me insane
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sapphorror · 5 months
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zim outliving dib but keeping an ai download of his personality around in the same manner as tak's ship... hmm
AI!Dib being at best apathetic to its own existence and at worst resentful of Zim for making it into an unwilling crutch for his grief. Zim eternally unsatisfied by this stripped down version of Dib that isn't quite a person and can't touch him or hurt him or chase him. Zim putting the thing in charge of almost all his tech as compensation, just to keep life interesting, just to have something they can fight over.
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neolxzr · 3 months
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perfectly normal hi-skoolers who are definitely not going to blow up the gym later today
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verm1c1de · 10 months
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mewve gotta learn eventually that ur new human pal is a big fucking nerdass loser
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letdibtravel · 3 months
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can Dib meet "Squee" ?
With Squee, Squee's bedroom
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esthyradler · 1 year
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disfunctional alien family goes on a camping vacation, gone wrong
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b0ylik3r · 14 days
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(opens the door drenched in sweat, tears rolling down the face, shaking, clothing torn and barely conscious) today i learned what the zim and gir family tag is NOT.
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adhdbisexualramblings · 7 months
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Every year or so Rick Sanchez launches up his portal gun and has Professor Membrane and Professor Utonium over for a poker game and usually an impromptu dinner
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gummy-axolotl · 4 months
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Devi belongs to @theautumnalcat, and Sticky of course belongs to me!
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defectzim · 9 months
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TaTr is real and good. <- have a whole story in its head that would NOT fucking happen in canon.
#show doesnt give us anything my brain fills in the gaps#itd I GUESS be an AU but in my heart and mind its real jus lemme have this#Tenn gets re encoded as a service drone after the incident with the SIR units. tallests would rather put the blame on her than admit fault.#They get sent to moo ping 10 not as a prisoner just to work there (i go back on forth on what her specific job is. BUT its low profile.)#something like a custodian. tenn takes it as best she can but she DOES have a bit of that dramatic i want to get revenge feels.#like they've just lost their mission through no fault of her own. its a difficult time for her as she starts to kinda...question things.#like the way the world (or the only one she knows) works around her. but she also knows there isnt much they can do yk.#eventually she meets Tak there. who IS there as a prisoner.#i think theyd bond over the way theyre both victims of circumstance. and how they couldnt do anything to get where they were when meeting.#but hey. maybe being at your own rock bottom isnt too bad if someone's on the same level.#one thing leads to another they start their own “resistance” BUT really it is just them chilling in space.#theres lots of gaps BUT. but....shhh lemme have this i know its corny and would NOT fucking happen but they make me giggle happy smile.#ZIM SPEAKS#oh also mimi is included too. mimi is their emotional support kitty.#kitty mimi is forever i luv her FOREVER.#also i use they/she for tenn jst so theres no confusion ^_^!
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scrublord27 · 4 months
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Assuming I don’t draw/finish anything for the next two days, here is all the art I was able to conjure up this year.
Except for all the Wishbone (My Webcomic in production to the people who find this post) stuff, that’s for my eyes only until like June or smthn
Thanks for the all the likes and follow I get and whatever.
…this TOTALLY isn’t a ploy to use the tags to get more people to see this noooo
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uncanny-tranny · 1 year
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I just unlocked a trans boy memory 😭
Did anybody else watch this part of the SpongeBob Movie and really resonated with it for gender reasons? I watched that movie as a kid and that was my favourite part of the movie, I really related with the idea of "now that I'm a man"
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