The country's very first locally made TV model, the VD-191, is set to go under the hammer later this week to the highest bidder. 

According to online auction house Kobay Auction on Wednesday, the 19-inch black and white television set, first released in August 1966 by the now-defunct electronics manufacturer GoldStar, will open for bidding at 6:00 p.m. on Thursday.

The VD-191 is recognized for its historical and rarity value through a state-registered cultural property designation in 2013.

Bidding will start at 25 million won for the set. It had originally sold for 60-thousand won, around five times the then-average monthly income of 12-thousand won. 

Another television of the same model was previously auctioned off for 30 million won.

The auction house said the latest set is in a relatively excellent condition and its value is elevated by the rare installment of a violet-colored screen saver.

The online auction will run through April 16.