Tag Archives: RAOB

Zimbabwe Hyper-inflation Money

A Day of Many Zeroes

It was an interesting day at work. We had someone in to buy gold, someone in to sell rubbish and someone who came in to waste our time chatting. He was my favourite visitor.

I put some Buffs medals on the internet, starting price 99 pence. They are quite common and the Buffs are not as keenly collected as the Freemasons.

RAOB Medals

RAOB Medals

I’ve photographed more banknotes, as you can see from the examples of Zimbabwean banknotes at the top of the page. They are examples of hyper-inflation money, though the one below is the most mind-boggling of the lot. Hyper-inflation is what you get when you have a megalomaniac clown as head of state. This post won’t sound quite so funny if you are reading it in a few years with Boris still in Number 10 and you have a £50 million note in your wallet.

They say that in Hungary during their hyper-inflation people were advised to pay as they ordered in restaurants and cafés because if they waited until the end of the meal it would have gone up.

Zimbabwe Hyper-inflation Money

Zimbabwe Hyper-inflation Money

One of my friends once sold a Zimbabwean note to an Eastern European with a tenuous grasp of capitalism – he came back twenty minutes later, having tried to exchange it in the nearest bank. Yes, he really thought he could get trillions of dollars by spending a few pounds on a banknote. God loves a tryer, as we often say in the trade.

Apart from that, nothing bad happened, and that counts as a good day the way things are going at the moment.

Thoughts and Stories

It was lighter when I left work tonight, which made me feel better.  I was also feeling happy because two of yesterday’s medallions (Sir  Francis Drake and Grace Kelly) sold overnight. They are now on their way to the customer.

I then started entering more items on eBay. We set ourselves the target of having 1,000 items of stock when I started in the shop, which looked like a big jump from the 600 we then had listed. When you consider the number we’ve sold, we must have entered around 2,000 items to get to this figure.

Here are some of the bits that went on today.

Masonic Past Master's Jewel - Heaton Lodge, Bolton, Lancashire

Masonic Past Master’s Jewel – Heaton Lodge, Bolton, Lancashire

RAOB Jewels Lord Balcarres Lodge, Chorley, Lancashire

RAOB Jewels Lord Balcarres Lodge, Chorley, Lancashire

People collect Freemasons regalia keenly, and though there are collectors for Royal Antediluvian Order of Buffaloes (otherwise known as RAOB or Buffs) it isn’t collected quite as keenly. They are both mysteries to me, though they are popular with many people. There are other friendly societies such as the Oddfellows, Druids and Foresters, but their regalia is not so common. Many of them were set up to provide health and insurance benefits for members in the days before the welfare state.

The last bit is a locket with pictures of two Great War soldiers in it – probably brothers, or maybe father and son. It’s had quite a lot of wear and I suspect there is quite a story behind it.  We bought it with a Green Howards cap badge but the vendor didn’t know anything about the history. It’s frightening how quickly families forget.

As a man who is interested in the past, it can be an interesting job.

We’re closed until the 2nd January now, but as that is my day off I have four days of leisure stretching ahead of me. I wonder what I should do to fill the time…