Thu, 20 Aug 1998

Soeharto stamps rise in value

MALANG, East Java: Stamps bearing the picture of former president Soeharto have become a much sought-after collector's item here.

Many people are speculating that the stamp's value will continue to increase among philatelists, Nurhakim of the provincial post office was quoted by Antara as saying here Tuesday.

He noted that the value of stamps bearing Soeharto's image had already increased 500 percent from their original value of Rp 50.

Stamp collecting is no longer a mere hobby but has become a source of income as well, especially during the crisis, he said.