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Replies: 21 / Views: 3,860 |
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Previously Banned Member
110 Posts |
Quote: The Indonesian Rp 1 coin was never demonetised (even thugh the rest of its series were - and they were of a larger denomination). At the time of this writing, its face value is equivalent to 0.000071 US$. The material is aluminium. It has more value as a numismatic item, but I don't know its current value.
I have one!
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Previously Banned Member
110 Posts |
I was in Indonesia less than a year ago. The 50rp coin is hard to find and not really used. 6 yrs ago it still was being used. Also, I came back with many banknotes (old ones) and a box of coins from indonesia
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Pillar of the Community
Canada
2519 Posts |
Rp 50 aluminium coin, while not demonetized yet, has so little value that it doesn't circulate at all (the brass ones were demonetized in 2006). Not six years ago, I've never even seen one circulating over ten years ago. I'll assume that people stopped bothering with them after 1998.
Basically anything under Rp 1000 is very small, they're just used to make change. They're like pennies - people don't bother carrying them around to spend. Except, they don't have coin rollers back there. My parents sellotaped four or five of them to spend them more conveniently.
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Pillar of the Community
United States
819 Posts |
i was in mexico years ago and got the bill for dinner and drinks and it was 74,950.00 it turned out to be 25.00 and I was thinking oh crap how am I going to pay this lol.
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Previously Banned Member
110 Posts |
Very funny chip jones. Anyway, in Indonesia, literally everyone is a millionaire!
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Pillar of the Community
Canada
2519 Posts |
"Million, billion, trillion" notations in Indonesia are actually a bit different. I don't know why they don't just standardise this (or where they got those massive values from), since there are a lot of zeroes in between if someone gets a translation wrong  "Million" (1.000.000) is translated to " juta". "Billion" (1.000.000.000) is translated to " milyar". "Trillion" (1.000.000.000.000) is translated to " bilyun" " Trilyun" (1 milyar milyar, or one billion billions) is 1.000.000.000.000.000.000 (You might notice I used a dot for every thousand. Decimals there use commas, so it's reversed.) At the time of this writing, 1 million Rupiah is equal to US$ 72.12. Meanwhile, 1 milyar Rupiah that is equal to US$ 72,124.20. Big difference!
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New Member
Indonesia
2 Posts |
I got lots of aluminium Rp 50 in my stock. I got a full box from the central bank, planning to use it as a part of ornamental wall decoration. Its practically useless except for bank account and tax, since almost every store and product use 100 as their lowest price nominal. Even a candy worth Rp 125 nowadays.
Recently, I got surprised when one of the small localstore even refused to accept Rp 100 and Rp 200 as a payment. I think I should use them as an exchange ASAP, as there are lots of them in the saving box.
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Pillar of the Community
Sweden
1078 Posts |
Some worthless coins I can think of (exchange rates) Russia 1 Kopeyka - 0,01 RUB = $0,00016  Iceland 5 Aurar - 0,05 ISK = $0,0003967  Philippines 1 Sentimo - 0,01 PHP = $0,000216788  The Icelandic 5 Aurar is completely out of circulation, but the Russian and Philippean ones could still appear? I know they aren't actively used.
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Valued Member
Belgium
464 Posts |
 could not help myself cost= the labour you put init 
Edited by dohcollector 10/08/2015 08:46 am
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Pillar of the Community
Sweden
1078 Posts |
Quote: Million, billion, trillion" notations in Indonesia are actually a bit different. Billion" (1.000.000.000) is translated to "milyar". "Trillion" (1.000.000.000.000) is translated to "bilyun" This is infact the standard in Europe too. An example of this is the (in)famous 1 Miliárd B.-pengö (Biliard pengö) at the peak of the hyperinflation in post-war Hungary.  One Billion Trillion Pengö = 1.000.000.000.000.000.000.000 pengö Quote: You might notice I used a dot for every thousand. Decimals there use commas, so it's reversed. This too used to be the standard in Sweden (and the rest of Europe?) up until rather recently (80's maybe?). Today, it's more common that we use spaces in between three zeroes (1 000 000), with a comma for decimals.
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Moderator
 United States
189707 Posts |
Quote: could not help myself cost= the labour you put init 
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Pillar of the Community
United States
1156 Posts |
@dohcollector, the CACA sticker is priceless!
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Pillar of the Community
 United States
6130 Posts |
That rai stone!  That has to be photoshopped, right?!? Actually, Yap did experience some pretty big hyperinflation when the Europeans started importing industrial quantities of the stones for trading. I thought that none were privately owned though?
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Bedrock of the Community
United States
17884 Posts |
There are a few that are privately owned out side the islands, Ken Hallenback has one, I believe Zerbe had one. There was one collector that conntacted the state department to intercede with the Yap government to get one for the local museum. They did and one was delivered to the museum, which happened to have the same address as the collector.
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Moderator
 United States
189707 Posts |
Quote: They did and one was delivered to the museum, which happened to have the same address as the collector. Oh my. 
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