Indonesia 17.8.1949 P-35Cb PMG About UNC 53 1/2 New Rupiah
A very underrated variety from the earliest days of Indonesia, issued within a few years of independence from the Dutch. This is the Rupiah Baru or New Rupiah issue, with this variety printed with red front and green back. Despite its modest face value a scarce type in better grades and not one that appears on the market with any kind of frequency. These were locally printed on fairly low quality paper and are part of a plethora of different issues produced in Indonesia in the second half of the 1940s as the country struggled to gain a foothold in the world economy as an independent nation.