Indonesia 1995 100 rupiah

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Steve Album sale 16, lot 1381
Indonesia 1995 100 rupiah rev SAlbum 16-1381.jpg
Sedwick Treasure Auction 35, part of lot 1338
Sed35-1338j.jpg

The first specimen was lot 1381 in Steve Album sale 16 (Santa Rosa, CA, May 2013), where it sold for $826. The catalog description[1] noted, "INDONESIA: 100 rupiah, 1995, unlisted in KM in Proof condition, Proof, RR. The only other examples known to us are a set of the five proof coins, same as those represented here, sold as a lot in our Auction 14, September 2012, lot 1409." The second specimen was part of lot 1338 in Sedwick Treasure Auction 35 (Winter Park, FL, May 2024), where it sold for $2,400. The catalog description[2] noted, "INDONESIA, eight-coin rupiah proof set in aluminum and aluminum alloys, 1992-1999. KM-52 through 56, 60, 61. box is 7-1/4" x 4-3/4" x 1-1/2". A handsome wooden display box housing a design and specifications card and epoxy-encased coins in proof as follows (reverse theme of each in parentheses): bimetallic 1000 rupiah 1995 (oil palm); aluminum-bronze 500 rupiah 1992 (jasmine); aluminum-bronze 500 rupiah 1995 (jasmine); aluminum-bronze 100 rupiah 1995 (buffalo race, card says 1992); aluminum 100 rupiah 1999 (kakatua raja bird); aluminum-bronze 50 rupiah 1995 (komodo lizard); aluminum 50 rupiah 1999 (kepodang bird); and aluminum 25 rupiah 1995 (nutmeg, card says 1992). With wooden display box." The catalog value for this type, listed for 1991-98, is about a dollar.

At present (May 2024), US$1 = 16,100 rupiah, giving this coin a exchange value of about 6/10 cent, presuming the regime has not demonetized it. Indonesia was one of the victims of the 1997 currency crisis, which saw the rupiah fall from Rp2,350/dollar in July to Rp5,650/dollar by December. When the rupiah fell to Rp10,000/dollar in early 1998, rioting ensued and Suharto was forced to resign.

Recorded mintage: 798,100,000 plus proofs.

Specification: 4.15 g, aluminum-bronze, 22 mm diameter.

Catalog reference: KM 53.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Album, Stephen. Stephen Album Auction 16, Santa Rosa, CA: Stephen Album Rare Coins, 2013.
  • [2]Sedwick, Daniel Frank, Augi Garcia, Cori Sedwick Downing and Connor Falk, Treasure Auction 35, World, U.S Coins and Paper Money, Winter Park, FL: Daniel Frank Sedwick LLC, 2024.

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