Sale of old stamps and currencies

JAKARTA (JP): A local trader will auction old bank notes, stamps and also phone cards for three days starting Friday at the Hilton's Cempaka Room.

"I am holding the auction as part of my participation in the celebration of the 50th Anniversary of Indonesia," N.P. Then, the trader who runs Hay Yin Coins Shop in the basement of Metro Supermarket in Pasar Baru, told reporters Saturday.

He will auction 1,000 items.

The collection will be open for inspection for two days. The sale will be held on Monday.

The items include 300 bank notes from the Dutch East Indies era and about 200 stamps from the Japanese occupation through the revolution.

The most expensive bank note is a five-gilder note from 1864 which is priced at Rp 40 million (US$18,181).

The most expensive stamps are a series of seven from the revolution. They feature Sukarno and Hatta, and are valued at Rp 4 million.

A used 1989 phonecard advertising Bank Dagang Negara is priced at Rp 3.5 million. (jsk)