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Any Indonesian specialists?


borgx

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Hi,

 

You have posted a beutiful banknote.

 

Yes, I am a serious collector of banknotes of Indonesia. I have almost complete collection of banknotes of Indonesia starting from P-13 (1945) including some of the rare issues.

 

Please let me know what is your focus.

 

Anil

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Hi,

 

You have posted a beutiful banknote.

 

Yes, I am a serious collector of banknotes of Indonesia. I have almost complete collection of banknotes of Indonesia starting from P-13 (1945) including some of the rare issues.

 

Please let me know what is your focus.

 

Anil

 

Hi.. Glad to know. My collection is still far from complete :ninja:. I dont have a certain focus, I like them all the Indonesian banknotes ;) What about Netherlands-Indie, are you collecting them also?

wayang-100-proof-dr.png

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Wow! that's a nice note! I really like the serial numbers on it as well. Is that two notes with varieties of green and purple coloring with the same serial numbers?

 

Yes! those are the proof version of 100 Gulden "Wayang" series with different colour.

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5 rupiah from the series of animal 1957 (you can see the 500 rupiah at the first post)

orangutan-57-640px.png

i like a lot the indonesian pieces. i dont collect them because indonesia is on the other side of the world and it s hard to get them here, but i know i have i some from the 1950/1960 and some moder one.

like them a lot, very colorfull, especially the ones with animals.

also saw some 1930`s one and that notes are very beautifull also.

nice country

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Hi,

 

You have posted a beutiful banknote.

 

Yes, I am a serious collector of banknotes of Indonesia. I have almost complete collection of banknotes of Indonesia starting from P-13 (1945) including some of the rare issues.

 

Please let me know what is your focus.

 

Anil

 

I have a near-complete collection too.

 

Here's some articles I wrote on Wikipedia if you are interested:

 

http://en.wikipedia.org/wiki/Indonesian_rupiah

http://en.wikipedia.org/wiki/Banknotes_of_...donesian_rupiah

http://en.wikipedia.org/wiki/Coins_of_the_Indonesian_rupiah

http://en.wikipedia.org/wiki/Netherlands_Indies_gulden

http://en.wikipedia.org/wiki/Riau_rupiah

http://en.wikipedia.org/wiki/West_Irian_rupiah

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Wow! that's a nice note! I really like the serial numbers on it as well. Is that two notes with varieties of green and purple coloring with the same serial numbers?

 

Those notes are nice indeed.

 

They are unfortunately very expensive, at least $1000 each.

 

This series is the most popular of the Netherlands Indies banknotes with collectors because they have the most beautiful theme.

 

The 5 and 10 gulden/guilder can be acquired cheaply, for about $10 in XF, the 25 gulden will cost you more, maybe $50 in XF, the 50 gulden goes up to $200 in that condition. The 100 gulden sells for about $700 in VF. Beyond that the 200 gulden would cost you about $3000 in VF, the 500 gulden maybe $4000, and the 1000 gulden is the ultimate prize for Netherlands Indies notes collector and will cost you anything up to $10,000.

 

Needless to say the 1000 gulden is a very attractive large-size note (all the denominations are handsome, but I guess the 'large' looking ones start at 50 gulden):

 

NetherlandsIndiesP85a-1000Gulden-28041939-donatedRikaz_f.jpg

NetherlandsIndiesP85a-1000Gulden-28041939-donatedRikaz_b.jpg

 

Hopefully I don't need to add, that that I do not own that note!

 

The rarity of the high denominations comes from the fact that the earlier series, which displays the much less attractive JP Coen, who was some sort of Dutch 'massacre the natives' specialist, were still legal tender and due to the economic depression the high denomination Coen notes were returned to the bank and reused.

 

After that World War Two broke out, the printing plates at the printers in Haarlem, Holland, were destroyed as a defensive measure against the Nazis in 1940, and all stocks destroyed. Hence these notes were only printed 1938 and 1939, and only tiny numbers of the notes above 100 gulden were ever issued.

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5 rupiah from the series of animal 1957 (you can see the 500 rupiah at the first post)

orangutan-57-640px.png

 

These notes are quite interesting. I have a 1970-published book 'Paper Money of the Republic of Indonesia'

 

Some of the prices make interesting reading.

 

For instance Bank Indonesia was then selling a complete set of the 'flowers' series up to and including the 500 rupiah and 1000 rupiah for $2.50 including shipping.

 

The 5 rupiah you have pictured is listed at 50 cents. They are now worth about $10. The author of the book says 'it was doubtful that any were ever placed in circulation'. Certainly all the examples I ever see are uncirculated. It is possible that given that they were brought into circulation about the same time as the very rare 10 and 25 rupiah notes (which only circulated for 3 days and are worth over $1000 each) that they were actually withdrawn. But unlike the 10 and 25 rupiah, large numbers of 5 rupiah notes were dumped on the banknote market in the late 1960s. They are not quite so common now because dumping tends to dissipate over time, but whereas it's very hard to find an uncirculated specimen of the 50 rupiah (crocodile) note, it's very hard to find a *circulated* 5 rupiah (gibbon) note.

 

This series of notes is actually the most collectible of all Indonesian notes, because of the animals theme. My 1970 book lists the tiger note at only $8 in uncirculated condition. These days they sell for about $300. I don't think they are particularly rare, but they are very pretty and this means that there is great demand. Much rarer notes of the 1940s can be had cheaper, because the printing quality is poor and they have no appeal to people that are not dedicated Indonesian money collectors.

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These are my website recommendations for Indonesian money collectors:

 

http://www.worldofcoins.eu/forum/index.php?board=36.0

 

(The moderator is author of the section on Indonesia in the 'Standard Catalog of World Coins')

 

http://www.uang-kertas.com

English (and Dutch) language site on Indonesian paper money

 

http://www.uang-kuno.com

Indonesian-language site on Indonesian paper money and also coins

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Hi,

 

Very informative articles.

 

Currently I am missing P-35A, P-35D, P-35F. Please let me know if you ever come across any of them.

 

Just an FYI, I also have 2 unrelased unlisted 1960 2,500 Rupiah and 5,000 Rupiah Specimens. If you are aware of any other unlisted bankotes of Indonesia, please do let me know.

 

Thanks.

Anil

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Hi,

 

Very informative articles.

 

Currently I am missing P-35A, P-35D, P-35F. Please let me know if you ever come across any of them.

 

Just an FYI, I also have 2 unrelased unlisted 1960 2,500 Rupiah and 5,000 Rupiah Specimens. If you are aware of any other unlisted bankotes of Indonesia, please do let me know.

 

Thanks.

Anil

 

You can find a lot of unlisted specimens on www.uang-kuno.com including the specimens 2,500 and 5,000 of Sukarno series (1960), specimens 5,000 of animal series (1957), specimens of 2,500 of flower series (1959), all specimens of unreleased diponegoro series (1971) and many others. The website is authored by Arifin a notable collector of Indonesian and Netherlands Indies banknotes.

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Hi,

 

Very informative articles.

 

Currently I am missing P-35A, P-35D, P-35F. Please let me know if you ever come across any of them.

 

Just an FYI, I also have 2 unrelased unlisted 1960 2,500 Rupiah and 5,000 Rupiah Specimens. If you are aware of any other unlisted bankotes of Indonesia, please do let me know.

 

Thanks.

Anil

 

Most collectors use the 'H' numbers from KUKI (Katalog Uang Kertas Indonesia) as KUK is more complete than Pick (although a number of the photos in KUKI are doctored/faked unfortunaely). The 1996 edition of the catalog listed 'specimen-only' notes but the 2002 catalog has removed them.

 

As borgx notes, there are the five 1971 Diponegoro notes, of denominations 100, 500, 1000, 5000 and 10,000 rupiah. There are the 2500 and 5000 rupiah 1960 notes. I looked at the 5000 rupiah last year in London. It is a handsome note. How much did you pay for yours?

 

There is the 2500 rupiah 'flowers', the 5000 rupiah buffalo. There are the 1948 'Republik Indonesia' notes of 5, 10, 25, 50 and 100 rupiah (proofs). The similar 'Republik Indonesia Serikat' notes of 5, 10, 25, 50, and 100 rupiah proofs. There are the Bank Sirkulasia Indonesia proofs of 1 and 1000 rupiah (proofs). There is of course the 600 rupiah of 1948.

 

Those are notes that are different from the issued notes. Apart from these you can find numerous trial proofs in different colours, including notes of the 1951, 1960 series, etc. It is impossible to have a complete collection if you include such items, because there will always be trial artwork, etc.. If you are happy to limit yourself to issued notes it will be easier, apart from the 10 rupiah deer and 25 rupiah rhino notes, which are much easier to find as specimens (although still very rare).

 

Re the notes in your list P35A (600 rupiah 1948) sold at Java Auction a while ago, I think it was over $2000.

 

Regarding P35D, one was on ebay just now. No buyers at $100. It's a bit torn but still ok. I think this is a fair price, I was recently offered one in the same condition for $150. Here's the link http://cgi.ebay.co.uk/ws/eBayISAPI.dll?Vie...em=160310568702

 

A full collection of Indonesian notes will cost you less than $10,000 if you stick with issued notes. For the Netherlands Indies the price would be well over $100,000.

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Hi. You should set up a forum on your website. The shoutbox is too small and difficult to have a discussion. I can set it up for you if you wish, just contact me.

 

Thanks.

 

As a matter of fact, the forum is already established but still under some preparation before get published.

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Hallo ..iam newbie in here ..hope can have new info indonesia banknote ..

Now i have 5,25,50,100,500 sukarno , flower series , 500 & 2500 1957..

 

Value is based on condition. Also it makes a difference depending on the serial number.

 

The flower notes except for 500 and 1000 rupiah are all of very low value even in new condition. The 1957 and Sukarno notes are better, but 500 and up are worth more.

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Value is based on condition. Also it makes a difference depending on the serial number.

 

The flower notes except for 500 and 1000 rupiah are all of very low value even in new condition. The 1957 and Sukarno notes are better, but 500 and up are worth more.

 

Thanks for your info ..my colections ..

2500.jpg

 

500.jpg

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Are they both new, never folded?

 

The value depends on serial, but assuming they are new and of the most common types, the 2500 rupiah is worth over $100, maybe $150, and the 500 rupiah around $300.

 

How much did you buy them for?

 

The market price of 1957 series In Jakarta: 2500 rupiah unc ~ 250$, 100 rupiah ~ $48, 5 rupiah ~ $30, 50 rupiah ~ $80. For 500 rupiah, i have never see the UNC one, but the lower grade are still plenty and the price is around $200 to $250 for the XF+ with one light fold.

 

For the price of 1959 flower series: 5 rupiah unc ~ $0.9, 10 rupiah unc ~ $1, 25 rupiah unc ~ $2,5, 50 rupiah ~ $8, 100 rupiah unc ~ $10, 1000 rupiah unc ~ $50, 500 rupiah is very rare in unc condition, the lower grade is around $90 - $100.

 

For both the 1957 and 1959 series, the price also depends on the number of letter. 5 rupiah (orangutan) 1957 with 1 letter on the prefix is worth around $150.

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The market price of 1957 series In Jakarta: 2500 rupiah unc ~ 250$, 100 rupiah ~ $48, 5 rupiah ~ $30, 50 rupiah ~ $80. For 500 rupiah, i have never see the UNC one, but the lower grade are still plenty and the price is around $200 to $250 for the XF+ with one light fold.

 

For the price of 1959 flower series: 5 rupiah unc ~ $0.9, 10 rupiah unc ~ $1, 25 rupiah unc ~ $2,5, 50 rupiah ~ $8, 100 rupiah unc ~ $10, 1000 rupiah unc ~ $50, 500 rupiah is very rare in unc condition, the lower grade is around $90 - $100.

 

For both the 1957 and 1959 series, the price also depends on the number of letter. 5 rupiah (orangutan) 1957 with 1 letter on the prefix is worth around $150.

 

I continue to be surprised by price differences between Indonesia and the rest of the world.

 

Here are some auction prices realised in 2005 in the US

 

Irian Barat 5, 10, 100 Rupiah. Crisp Uncirculated. $80

Irian Barat 5, 10, 100 Rupiah. Crisp Uncirculated. $75

Irian Barat 5, 10 rupiah. 4 pieces of each. VF to CU. $50

Irian Barat 100 rupiah. 4 pieces of each. gVF to CU. $60

 

Lot: Irian Barat 1 rupiah * 5, 2 1/2 rupiah * 5, 100 rupiah. aVF to XF PLUS 5, 10, 25, 500 rupiah 1965 PLUS 1 rupiah 1945, 5, 100 rupiah 1947 VG-VF PLUS Tapanuli 50 rupiah 1948 $50

 

Lot: 259 notes from 1946 to 1968 including 2 * 2500 rupiah 1957 CU, and 257 other notes, mostly CU but same VF $375

 

One example of the Irian Barat 100 rupiah is about $700 in Indonesia I believe. Admittedly these notes would fetch much higher prices now, but there is still a differential.

 

The prices I quoted were perhaps a bit on the low side. I have fairly good records of selling prices, which I will reproduce here:

 

2500 rupiah 1957 AU $105 (UK seller)

2500 rupiah 1957 CU $150 (Singapore)

2500 rupiah 1957 CU $163 (Australian seller, bought by Dr Arifin)

2500 rupuah 1957 CU $161 (US seller)

2500 rupiah 1957 XF (but pressed) $42.50 http://cgi.ebay.co.uk/ws/eBayISAPI.dll?Vie...em=370141747608

 

500 rupiah 1957 CU $455 (US seller)

500 rupiah 1957 CU $335 (Singapore seller)

500 rupiah 1957 AU (I suspect XF) $169.16 (Indonesia seller)

500 rupiah 1957 XF $137.50 (Indonesia seller)

 

So $150 for the 2500 rupiah in CU, $300++ for the 500 rupiah.

 

I would say however that prices should be higher for rarer serial numbers. The 2500 rupiah I only ever see in XX/X format.

 

Here's fuller data.

 

2500:

 

Brief Description High Bid

Indonesia scarce 2500 rupiah 1957 AUNC $105.28

INDONESIA 2500 RUPIAH 1957 GEM UNC (reserve not met) $177.88

Indonesia 1957 > 2500 Rupiah Iguana Animal Serials Note $149.95

INDONESIA 2500 RUPIAH 1957 $54.00

Indonesia 1957 Banknote 2500 Rupiah - Unc $162.50

1957 Indonesia 1000 & 2500 Rp SCARCE ANIMAL SERIES #756 $120.50

INDONESIA 1957, Animal Serial 2500 Rupiah, KOMODO $53.00

Indonesia 1957 2500 Rupiah-Very Scarce! $160.50

INDONESIA 1957, Animal Serial 2500 Rupiah, KOMODO $52.99

INDONESIA 2500 RUPIAH 1957 LEGUAN $42.00

INDONESIA ANIMAL SERIE 50,100,2500 RUPIAH 1957 (3 PCS) $19.31

Indonesia Notes 1957 Animal Pict 2500,1000,500,100,5 Rp $206.17

INDONESIA 2500 RUPIAH 1957 LEGUAN ANIMAL SERIE XF- $42.50

 

500 rupiah:

Brief Description High Bid

INDONESIA 500 RUPIAH 1957 $91.01

INDONESIA 500 RUPIAH 1957 TIGER $79.20

INDONESIA 500 RUPIAH 1957 TIGER $60.12

Indonesia - 500 rupiah 1957 Tiger/Animal Series $139.50

INDONESIA 1957, Animal 500 Rupiah, JAVAN TIGER NICE $92.50

Indonesia - 500 Rupiah 1957 TIGER > Animal Series $126.50

1957 Bank Indonesia "TIGER" 500 Rupiah *UNCIRCULATED* $335.00

INDONESIA ANIMAL SERIE 500 RUPIAH 1957 $92.00

INDONESIA 500 RUPIAH 1957 VF+ $100.00

INDONESIA 500 RUPIAH 1957 $111.50

INDONESIA ANIMAL SERIE 500 RUPIAH 1957 $82.00

1957 INDONESIA - 500 RUPIAH TIGER "ANIMAL SERIES" $102.50

INDONESIA 500 RUPIAH 1957 TIGER $75.60

1957 INDONESIA - 500 RUPIAH TIGER > "ANIMAL SERIES" $128.00

INDONESIA 500 RUPIAH 1957 TIGER aUNC $169.16

1957 INDONESIA - 500 RUPIAH "TIGER" ANIMAL SERIES gXF (reserve not met) $137.50

 

Btw, some of the prices you quote seem high to me. I find more and more Indonesian sellers on ebay and prices are if anything falling. The 1958 500 rupiah for instance can be found quite cheaply now. I paid $11 today for one in nice condition: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewI...em=370148428791

 

The 5 rupiah 1957 is VERY common, and the only way you can find it is in unc, because they were dumped on the market about 40 years ago by Bank Indonesia. I really would not pay more than $10 for one. You can buy one right now at that price:

 

http://cgi.ebay.co.uk/INDONESIA-NOTE-5-RUP...p3286.m63.l1177

 

Admittedly they sometimes fetch more, but $30 is too much to pay really.

 

Three consecutive UNC 1000 rupiah 1959 sold for $19 each:

 

http://cgi.ebay.com/INDONESIA-UNC-1000-RUP...1QQcmdZViewItem

$17:

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?Vie...em=110324270021

 

1959 100 rupiah, Indonesian seller listing at $4.25, UNC, no bids:

 

http://cgi.ebay.com/Indonesia-Banknote-100...A1%7C240%3A1318

 

The 1959 500 rupiah is definite the key to the series, quite hard to find in UNC. I paid $36 for VF from an Indonesian seller.

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