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Saturday, May 10, 2008

New Money Papers Being Sold at Higher its Value

Yes, ladies and gentlemen, a set of new 6 Money Papers that has been circulating in Venezuela since January 1st this year, is on sell on the eBay based marketing site MercadoLibre at the bidding has passing the VEF BsF 1000 the value (1 million of the old Bolivar currency system).

I have no idea of what the local laws say about the sells of coins and money papers currently on circulation, but that set of Money Papers has reached that amount because the serial number is low, meaning they are one of the first money papers printed.

This new currency system has been circulating in Venezuela from about 4 months it already lost 10% of its value. (inflation increased by almost 10% this year) .

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