{"product_id":"peru-p142-50000-intis-1988-1989-unc-inner-security-thread","title":"Peru P142 50000 Intis 1988 UNC—Man against Oligarchy \u0026 US Imperialism—Congress","description":"\u003cp\u003eOne of the highest denominations of Peru's short-lived Inti currency, this note captures the final, inflationary years of a monetary experiment that collapsed under the weight of hyperinflation — and features the face of the man who spent a lifetime fighting for Peru's soul.\u003c\/p\u003e\n\n\u003ch3\u003eFront\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eColor:\u003c\/strong\u003e Red and violet on multicolor underprint\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePortrait:\u003c\/strong\u003e Víctor Raúl Haya de la Torre at right\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eArms:\u003c\/strong\u003e Coat of arms at center\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSignatures:\u003c\/strong\u003e \u003ca href=\"https:\/\/www.google.com\/search?q=Luis+Guiulfo+Zender+Banco+Central+Reserva+Peru\" target=\"_blank\"\u003eLuis Guiulfo Zender\u003c\/a\u003e (Director); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Luis_Rodr%C3%ADguez_Vildosola\" target=\"_blank\"\u003eLuis F. Rodríguez Vildosola\u003c\/a\u003e (President); Santiago Antúnez de Mayolo (General Manager)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSecurity features:\u003c\/strong\u003e Inner security strip inscribed \"BCRP 50000\"; hidden text visible under red\/pink\/orange light; latent image \"50000 PERU\" visible at an angle\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eBack\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eColor:\u003c\/strong\u003e Dark blue on multicolor underprint\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eScene:\u003c\/strong\u003e Chamber of the National Congress (Congreso Nacional)\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eOther Characteristics\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eCatalog numbers:\u003c\/strong\u003e P-142; TBB B482; Numista N#206025\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eWatermark:\u003c\/strong\u003e Portrait of Víctor Raúl Haya de la Torre\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eComposition:\u003c\/strong\u003e Paper\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSize:\u003c\/strong\u003e 150 × 75 mm\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eIssuing entity:\u003c\/strong\u003e Central Reserve Bank of Peru (Banco Central de Reserva del Perú)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePrinter:\u003c\/strong\u003e Istituto Poligrafico e Zecca dello Stato, Rome (1928–date)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003e\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Demonetization_(currency)\" target=\"_blank\"\u003eDemonetized\u003c\/a\u003e:\u003c\/strong\u003e 5 April 1992\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCurrency:\u003c\/strong\u003e Inti (1985–1991)\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch2\u003eThe Man on the Note: A Life in Exile and Revolution\u003c\/h2\u003e\n\u003cp\u003eVíctor Raúl Haya de la Torre (\u003cstrong\u003e1895–1979\u003c\/strong\u003e) was one of Latin America's most consequential political figures — and one of its most persecuted. Born in \u003cstrong\u003eTrujillo\u003c\/strong\u003e, he founded the \u003cstrong\u003eAPRA\u003c\/strong\u003e (American Popular Revolutionary Alliance) in \u003cstrong\u003e1924\u003c\/strong\u003e while in exile in Mexico, envisioning a pan-Latin American movement to counter U.S. imperialism and oligarchic rule. He spent decades hunted, jailed, and exiled by successive Peruvian governments. In \u003cstrong\u003e1949\u003c\/strong\u003e, he sought asylum in the Colombian Embassy in Lima — and stayed there for \u003cstrong\u003efive years\u003c\/strong\u003e, one of the longest diplomatic asylum cases in history. He never became president, though he ran multiple times. He died in 1979, just months before Peru's new democratic constitution — which his party helped draft — took effect. His face on this note is both a tribute and an irony: the man who fought the establishment ended up on its currency.\u003c\/p\u003e\n\n\u003ch2\u003eThe Inti's Rise and Spectacular Collapse\u003c\/h2\u003e\n\u003cp\u003eThe \u003cstrong\u003eInti\u003c\/strong\u003e replaced the Sol de Oro in \u003cstrong\u003e1985\u003c\/strong\u003e at a rate of 1,000 to 1, introduced by President Alan García's government as a fresh start. It wasn't. By the late 1980s, Peru was experiencing \u003cstrong\u003ehyperinflation\u003c\/strong\u003e that peaked at over \u003cstrong\u003e7,000% annually\u003c\/strong\u003e in 1990. The 50,000 Inti note — unthinkable at the currency's launch — became routine pocket change. By \u003cstrong\u003e1991\u003c\/strong\u003e, the Inti itself was replaced by the \u003cstrong\u003eNuevo Sol\u003c\/strong\u003e at a rate of 1,000,000 to 1. This note, issued in \u003cstrong\u003e1989\u003c\/strong\u003e, sits right at the peak of that monetary catastrophe, making it a vivid artifact of economic history.\u003c\/p\u003e\n\n\u003ch3\u003eAbout Peru\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eOrigin of name:\u003c\/strong\u003e Likely derived from \"Birú,\" the name of a local ruler or river encountered by Spanish explorers in the early 16th century; the name was gradually applied to the entire region\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCapital:\u003c\/strong\u003e Lima — city population ~11 million; metro population ~12 million\n  \u003cul\u003e\u003cli\u003e\n\u003cstrong\u003eOrigin of name:\u003c\/strong\u003e Derived from \"Limaq\" (also spelled Rímac), the name of the river running through the city, meaning \"talker\" or \"he who speaks\" in Quechua\u003c\/li\u003e\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePopulation:\u003c\/strong\u003e ~34 million (UN 2024) — roughly California or Poland\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eArea:\u003c\/strong\u003e 1,285,216 km² (496,225 mi²) — comparable to South Africa or about three times Texas\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eGDP per capita (\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Purchasing_power_parity\" target=\"_blank\"\u003ePPP\u003c\/a\u003e):\u003c\/strong\u003e ~$16,000 (IMF 2024)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMain exports:\u003c\/strong\u003e Copper, gold, zinc, lead, fishmeal, coffee, asparagus, textiles\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBorders:\u003c\/strong\u003e Ecuador, Colombia, Brazil, Bolivia, Chile; Pacific Ocean to the west\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eOfficial\/spoken languages:\u003c\/strong\u003e Spanish (official); Quechua and Aymara (co-official); dozens of Amazonian languages\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eEthnicities:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Mestizo\" target=\"_blank\"\u003eMestizo\u003c\/a\u003e (~60%), \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Indigenous_peoples_of_Peru\" target=\"_blank\"\u003eAmerindian\u003c\/a\u003e (~26%), \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/White_Peruvians\" target=\"_blank\"\u003eWhite Peruvian\u003c\/a\u003e (~6%), \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Afro-Peruvian\" target=\"_blank\"\u003eAfro-Peruvian\u003c\/a\u003e (~4%), other\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMemberships:\u003c\/strong\u003e \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/United_Nations\" target=\"_blank\"\u003eUnited Nations\u003c\/a\u003e (founding member, 1945); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Organization_of_American_States\" target=\"_blank\"\u003eOAS\u003c\/a\u003e (founding member, 1948); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/World_Trade_Organization\" target=\"_blank\"\u003eWTO\u003c\/a\u003e (1995); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Pacific_Alliance\" target=\"_blank\"\u003ePacific Alliance\u003c\/a\u003e (founding member, 2011); \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/APEC\" target=\"_blank\"\u003eAPEC\u003c\/a\u003e (1998)\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSovereignty:\u003c\/strong\u003e Declared independence from Spain on 28 July 1821; recognized 1824 after Battle of Ayacucho\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003ePeru Unfiltered\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eHyperinflation record:\u003c\/strong\u003e Peru's inflation hit ~7,650% in 1990 — one of the worst episodes in Latin American history, wiping out savings and destabilizing the entire economy\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMachu Picchu mystery:\u003c\/strong\u003e The Inca citadel was built around 1450 and abandoned roughly 100 years later — historians still debate exactly why\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBiodiversity giant:\u003c\/strong\u003e Peru contains ~10% of all species on Earth and is one of the world's 17 megadiverse countries\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eShining Path terror:\u003c\/strong\u003e The Maoist guerrilla group Sendero Luminoso killed an estimated 70,000 people between 1980 and 2000 — the same era this note circulated\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCeviche diplomacy:\u003c\/strong\u003e Peru has formally registered ceviche as part of its national cultural heritage; the dish is a point of fierce national pride\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eAmazon source:\u003c\/strong\u003e The Amazon River's longest source tributary, the Ucayali-Apurímac system, originates in the Peruvian Andes\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eOwn this note and hold a tangible record of one of the 20th century's most dramatic monetary collapses — and the face of a revolutionary who never stopped fighting, even from inside an embassy.\u003c\/p\u003e","brand":"World Money Store","offers":[{"title":"Default Title","offer_id":52638937743671,"sku":"PE142UNC","price":5.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0969\/7165\/3431\/files\/142o_05e63678-0145-40b2-9223-5baa43328418.jpg?v=1783597765","url":"https:\/\/worldmoneystore.com\/products\/peru-p142-50000-intis-1988-1989-unc-inner-security-thread","provider":"World Money Store","version":"1.0","type":"link"}