IDR 1000 Palm Oil Coins Pegged at IDR 50 Million, Why Can It Be Expensive? Here’s the Collector’s Explanation

TRIBUNBATAM.id – The rupiah (Rp) denomination since it was first printed has various denominations.

Some denominations have two types, namely the type of sheet and coins.

Of the several pieces, types and prints, there are some that collectors consider to have value.

The value can also exceed the nominal stated on the money.

For example, old coins and banknotes that have different prints.

Recently, there was a crowd on a site someone who sold coins with a nominal value of Rp. 1000 at a price of Rp. 50 million.

The nominal IDR 50 million was uploaded by someone on social media for his palm oil coins.

Also read: How Can Palm Oil Coins Be Expensive for IDR 50 Million, Collectors Convey the Phenomenon That Happened

The post quickly went viral, because the price offered was too expensive and unreasonable.

Bank Indonesia has also been involved in straightening out the issue of the Rp1,000 palm oil coin.

“Regarding the Rp 1000 coin, we convey that it is a legal tender for transactions.

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