Page 126 - 148 Years of the Royal Philatelic Society London
P. 126

In 1991: South Africa repeals apartheid; Soviet Union breaks up; Warsaw Pack dissolved;


                              Boris Yeltsin first freely elected President of Russia;  Freddie Mercury and Miles Davis die.




                             At the RPSL: Alma Lee donates to the Society a set of letter punches used for the corner

                              letters of early British line-engraved stamps.


                              RPSL President was Dr. Alan K.  Huggins. Patron H.M. Queen Elizabeth II.


                              Membership 1591-1552.





                              PERU HYPERINFLATION







                              From the collection of

                              Henry Marquez.                                                                                  'CA·          !!
                                                                                                                        •  u.  _ 4e  ib  io•eotta
                              Member since 2011.                                                                      t-&  to.  Ad~ui.a1ci~a
                                                                                                                      C!\8~11" ~ 177
                              Lives in Peru.                                                                            "'.:!. ti l!ii:<''  t:!'I  i::. -















                             Peru hyperinflation

                             printed matter front,


                             l/.10'100,00 in postage

                             (about U.S. $13 in today's

                             money).  This mailing


                             illustrates challenging

                             times as a result of


                             ineffective economic

                             policies in Peru during

                             that period.  lnti was the


                             Peruvian currency,

                             introduced in February of

                             1985 at the exchange


                             rate of 1 lnti = 1,000 old

                             Sol.  The lnti was


                             replaced six years later in
                                                                                                ' -"Ut ......... t ...
                             1991 by New Sol at the                                      4;o.t"' - .... ~ .,,,,,,.;-_~  r.
                                                                                             ·-
                             exchange rate of 1 New


                             Sol = 1'000,000 lntis.
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