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5 Rupiah
| Issuer | Bank Indonesia |
|---|---|
| Year | 1960 |
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| Composition | Log in to see details |
| Size | 133 x 65 mm |
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| Obverse description | Portrait of President Sukarno in military uniform at left center, with the Garuda Pancasila state emblem at center and the overprint text 'IRIAN BARAT' below it. Numeral '5' appears at upper left within a floral guilloche frame, and the Bank Indonesia monogram in ornate script at right. The denomination 'LIMA RUPIAH' is inscribed in large letters along the lower margin, with two facsimile signatures below the central vignette. |
|---|---|
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| Protection description | Watermark visible when held to light. |
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| Comments |
Bank Indonesia's 1960 5 Rupiah note belongs to a period of severe monetary instability under Sukarno's Guided Democracy, when deficit spending was accelerating inflation at a pace that made small-denomination notes functionally obsolete within years of issue. By 1965, a currency reform would lop three zeros off the rupiah, rendering the entire series void — a decision that effectively turned any unspent low-value notes into paper overnight.
Pick #3 is among the more elusive entries in this series. Surviving circulated examples often show pronounced horizontal fold wear along the center crease, a consistent trait attributable to how notes of this size were habitually folded and pocketed in daily trade.