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2 1/2 Rupiah 1960 Issue

Issuer Republic of Indonesia
Year 1960-1961
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Value 21/2 Rupiah (2.5)
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Obverse description Printed in blue and brown on a light ground, the obverse centres on a vignette of agricultural workers in a field — a standing woman in the foreground with two crouching figures amid bare trees behind her — flanked at right by a finely engraved spray of cotton bolls and grain ears. The large brown numeral '2½' anchors the lower right, while a guilloche-framed '2½' appears at the upper left, and the heading 'REPUBLIK INDONESIA' runs across the top in blue letterpress, with the full denomination 'DUA SETENGAH RUPIAH' in brown beneath the legal tender legend 'TANDA PEMBAJARAN JANG SAH' at upper right. The date '1961' and the facsimile signature of the Minister of Finance are placed at the lower centre.
Obverse lettering REPUBLIK INDONESIA
TANDA PEMBAJARAN JANG SAH
DUA SETENGAH RUPIAH
MENTERI KEUANGAN
1961
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Comments

The 2½ Rupiah denomination is a direct casualty of Indonesia's chronic small-change shortage in the late 1950s and early 1960s, when coin production consistently failed to keep pace with demand across the archipelago. Fractional paper notes were the practical fix — awkward by any monetary logic, but functional where coin stock simply wasn't reaching outer islands.

P#77 belongs to the broader 1960 series issued under Sukarno's Guided Democracy period, when Bank Indonesia was under heavy political pressure to manage an inflation already spiraling out of control. The denomination was obsolete within a few years.

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