Guaranteed Loss of the City If Purchased for IDR 300 Million, The Real Value of IDR 1000 Palm Oil Coins Revealed, This is BI’s Explanation

Sosok.ID – Recently the public was made a fuss with viral news about coins IDR 1000 Palm oil.

It’s nothing, coins IDR 1000 Palm oil it went viral because it was sold at a fantastic price.

No kidding, one piece coins IDR 1000 Palm oil it was reportedly sold for Rp 300 million.

Launching from Kompas.com via GridHot.ID, in various marketplaces coins IDR 1000 Palm oil has sold a lot.

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The price also varies, ranging from thousands to hundreds of millions.

At least, there are 13 coins of Rp. 1000 palm oil which are sold at a price of Rp. 300 million.

Meanwhile, the money that was traded was obtained from all over the country.

Most of it is money that has been used for transactions.

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Regarding the viral news, Bank Indonesia (BI) as the party that printed the rupiah currency spoke up.

Director of the Department of Communications of Bank Indonesia Jnanto Herdiawan also explained the current value of the currency.

According to him, the value of the IDR 1000 palm oil coin is still the same as what is stated on the coin.

Because, at this time this type of money is still legally used as a means of payment.

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The circulation of the mash has not been withdrawn by the BI.

“The Rp 1,000 denomination issued in 1993 with a picture of palm oil is still valid as legal tender in the territory of the Republic of Indonesia as long as it has not been revoked/withdrawn from circulation.

“If the money is valid, the value is as stated,” Junanto said to Kompas.com, Friday (13/8/2021).

Junanto said that his party did not buy and sell the money in question.

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Even if there is an exchange of money that has been withdrawn from circulation, BI will replace it at the nominal amount of the money exchanged.

Previously, similar cases had occurred.

Through its official Twitter account, BI explained that if people buy money for collections (not transactions), then the price of the money depends on the agreement of the buyer and seller.

BI also confirmed that the nominal value of the Rp 1000 palm oil coin was still the same as long as it had not been withdrawn.

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Heard that the 1993 edition of the Rp1,000 coin with the image of palm oil was sold for more than your skincare or game quota #SobatRupiah?????
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❝MONEY COIN Rp1000 Palm Oil ???? ❞
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— Bank Indonesia (@bank_indonesia) June 27, 2020

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1000 rp coins