4 Facts about One Thousand Coin with Palm Oil Image Going Viral, Sold for Tens to Hundreds of Millions of Rupiah

Kapanlagi.com - Recently, the public has been shocked by the viral news of one thousand coins with palm oil image being sold at a quite fantastic price. These one thousand coins are offered at the highest price of up to 900 million.

Currently, the one thousand coins with palm oil image are quite rare. They are often found in various online marketplaces with varying prices.

In one of the marketplaces, the highest price offered is around 900 million. The other prices range from 5 million, 10 million, 12 million, 20 million, to 35 million. However, there are also many advertisers offering the one thousand coins with palm oil image at the lowest price of Rp 3,000.

These advertisers come from various regions in Indonesia, from the westernmost to the easternmost part of the country. However, it is still unknown about the origin of the advertisement for the one thousand coins with palm oil image that is currently being discussed by netizens.

Here are 4 facts about the viral one thousand coins with palm oil image being sold for tens of millions of rupiah.

1. Offered on Several Online Marketplaces

(credit: shopee.co.id/barokah_murah/)

Like previous reviews, one thousand rupiah coins featuring palm oil are advertised on several online marketplaces. The advertisers offer their one thousand rupiah coins with various portraits. Among them are ranging from one coin to tens of one thousand rupiah coins.

In addition, the advertisers also provide a number of descriptions of the one thousand rupiah coins featuring palm oil to attract buyers, especially antique money collectors.

2. Fantastic Prices

(credit: shopee.co.id/)

The prices offered by advertisers for one thousand rupiah coins featuring palm oil range from thousands to tens of millions. Let's say starting from the highest price, one of the marketplaces offers it for 900 million rupiah.

Meanwhile, the lowest price ranges from Rp 3,000 in thousands, Rp 10,000 in tens, Rp 24,000 in dozens, and Rp 100,000 for hundreds. On average, the coins were produced in 1993 and 1996 with visible signs of wear.

3. Coins Still Valid

(credit: twitter.com/@bank_indonesia/)

The viral one thousand rupiah coin with a picture of palm oil has certainly caused a stir among the public. Netizens are not hesitant to ask whether the coin is still valid or not to Bank Indonesia through their Twitter account.

In response to netizens' inquiries, Bank Indonesia (BI) stated that the one thousand rupiah coin from 1993 with a picture of palm oil is still considered a valid means of payment. As long as it has not been withdrawn from circulation.

"Hi Fathan, the one thousand rupiah coin from the 1993 emission with a picture of palm oil is still considered a valid means of payment in the territory of the Republic of Indonesia as long as it has not been withdrawn from circulation," wrote Bank Indonesia (BI) in their official Twitter account @bank_indonesia on Monday, (15/06/2020).

4. List of Withdrawn Money by BI

(credit: bi.go.id/id/)

In response to this matter, Bank Indonesia also attached information regarding money that has been withdrawn and removed from circulation in society. Among them are coins that have been withdrawn such as:

- Rp 2/TE 1970 was withdrawn on November 15, 1996.

- Rp 10/TE 1971 was withdrawn on November 15, 1996.

- Rp 10/TE 1974 was withdrawn on November 15, 1996.

- Rp 10/TE 1979 was withdrawn on November 15, 1996.

- Rp 25/TE 1991 was withdrawn on August 31, 2010.

Those are the 4 facts related to the viral one thousand rupiah coin with an image of palm oil being sold for tens to hundreds of millions of rupiah. What do you think, KLovers?

(kpl/nlw)