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.