Rp1,000 Coins With Pictures Of Palm Oil Sold For Rp. 5 Billion

JAKARTA - In recent days there have been many discussions on social media about the Rp1,000 coin with the picture of palm oil. The talk is, the money is sold at an extraordinary price, which is tens of millions to hundreds of millions.

VOI, Wednesday, June 17, tried to find the price of this money on an online buying and selling page. VOI filters the display from the highest price first.

As a result, these coins were sold at IDR 5 billion per chip. If you look at the seller's profile, he comes from Sukabumi, West Java.

Meanwhile, on another link, some sell at Rp. 80 million to Rp. 150 million. The money sellers mostly come from regions in Indonesia.

Reporting from the website of Bank Indonesia (BI), the Rp1,000 coin with the picture of palm oil was issued on March 8, 1983. It is not yet certain why this money was sold so expensive and who had bought it.

This money is indeed scarce to find in people's daily transactions in Indonesia. However, according to BI statement, this money is still circulating and has not been withdrawn, which means that this money is still valid in any transaction in Indonesia.

BI in its official Twitter account also explained about the Rp200 coin with the picture of a starling bird published in 2003. According to BI, the coin was still valid.

Thank you Ivan for the information, for small denominations of Rp. 200 as long as it is still valid, it can be used as a legal means of payment. Come on, let's join Ivan to educate you not to reject Rupiah in transactions 🙏🏻😊

- Bank Indonesia (@bank_indonesia) June 15, 2020

"Small denominations of Rp. 200 as long as they are still valid, can be used as a legal payment instrument. Let's together educate us not to reject rupiah in transactions," wrote a BI statement on Twitter @bankindonesia, Monday 15 June.