Indonesia 1970 20000 rupiah

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Heritage sale 3076, lot 31828
Indonesia H3076-31828r.jpg

This specimen was lot 31828 in Heritage sale 3076 (Long Beach, CA, September 2019), where it sold for $4,680. The catalog description[1] noted, "Indonesia. Republic gold Proof "Garuda Bird" 20000 Rupiah 1970 PR64 Ultra Cameo NGC. Produced to commemorate the 25th Anniversary of Independence, and depicting the mythical Garuda bird. Devices immaculately frosted with glossy reflectivity behind." Some commemorative issues are so rare the SCWC lacks a photo of them. In 1982, US$1 = 650 rupiah; today (October 2019) US$1 = 14,138 rupiah.

Recorded mintage: 1,285 proofs.

Specification: 49.37 g, 0.900 fine gold, AGW 1.4285 troy oz.

Catalog reference: KM 31.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 7th ed., Clifton, NJ: Coin and Currency Institute, 2003.
  • [1]Bierrenbach, Cristiano and Warren Tucker, Heritage World and Ancient Coins Auction 3076, featuring the Allen Moretti Swiss Collection and the James Mossman Collection of Canadian Coinage, Dallas, TX: Heritage Auction Galleries, 2019.

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