Earlier this year the government of Zimbabwe released a one troy ounce gold coin as a tool for the Central Bank to help keep inflation under control.
For many years the Zimbabwe economy has not only been the butt of many jokes, it has served as a very public example of how rampant and out of control inflation can destroy an economy and a fiat currency.
The earlier trial release in the issuance of gold coins to help with their fiat problems has been deemed such a success that they have announced the upcoming release of additional denominations.
The new Zimbabwe fractional gold coins will be minted on demand and will include tenth ounce, quarter ounce and half an ounce denominations. The coins will be available for buy beginning in November.
