{"product_id":"peru-p148-1000000-intis-1990-unc","title":"Peru P148 1000000 Intis 1990 UNC—The Builder of Peruvian Medicine—Medical Faculty","description":"\u003cp\u003eThis is the note that broke Peru. One million intis — a denomination that would have been unthinkable just five years earlier — issued in 1990 as the country's hyperinflationary spiral reached its peak. It is a collector's time capsule of one of Latin America's most dramatic economic collapses, printed by the world's most prestigious security printer and featuring Peru's greatest physician.\u003c\/p\u003e\n\n\u003ch3\u003eFront\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eColor:\u003c\/strong\u003e dark olive-green on multicolor\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eHipólito Unanue\u003c\/strong\u003e portrait at right\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCoat of arms\u003c\/strong\u003e of Peru at center\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSignatures:\u003c\/strong\u003e \u003ca href=\"https:\/\/www.bcrp.gob.pe\" target=\"_blank\"\u003eCarlos Capuñay Mimbela\u003c\/a\u003e (President); Carlos Dodero Hermoza (Director); Santiago Antúnez de Mayolo (General Manager)\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 olive-green on multicolor\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eFaculty of Medicine San Fernando\u003c\/strong\u003e (Universidad Nacional Mayor de San Marcos) building at left center\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-148a; TBB B489a; Numista N#213026\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eWatermark:\u003c\/strong\u003e Portrait of Hipólito Unanue\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSecurity strip:\u003c\/strong\u003e Embedded strip inscribed \"BCRP,\" revealed when tilted; UV features on reverse\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 140 × 65 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 De La Rue, London (1821–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 Doctor Who Built Peruvian Medicine\u003c\/h2\u003e\n\n\u003cp\u003eHipólito Unanue (\u003cstrong\u003e1755–1833\u003c\/strong\u003e) was born in \u003cstrong\u003eArica\u003c\/strong\u003e (then part of the Viceroyalty of Peru, now Chile) and became the founding father of Peruvian medicine. He established the \u003cstrong\u003eSchool of Medicine San Fernando\u003c\/strong\u003e in \u003cstrong\u003eLima\u003c\/strong\u003e in 1811 — the very institution depicted on the reverse of this note — which remains the oldest and most prestigious medical school in the Americas. Unanue served as Minister of Finance and Minister of War under both \u003cstrong\u003eSan Martín\u003c\/strong\u003e and \u003cstrong\u003eBolívar\u003c\/strong\u003e, making him one of the few figures who bridged colonial science and republican statecraft. His landmark work \u003cem\u003eObservaciones sobre el clima de Lima\u003c\/em\u003e (1806) was the first systematic scientific study of Peru's geography and public health.\u003c\/p\u003e\n\n\u003ch2\u003eOne Million Reasons Peru Needed a New Currency\u003c\/h2\u003e\n\n\u003cp\u003eThe Inti was introduced in \u003cstrong\u003e1985\u003c\/strong\u003e to replace the Sol at a rate of 1,000 to 1 — itself a sign of trouble. By \u003cstrong\u003e1990\u003c\/strong\u003e, Peru's annual inflation rate hit \u003cstrong\u003e7,649%\u003c\/strong\u003e, one of the worst hyperinflationary episodes in world history. President \u003cstrong\u003eAlan García's\u003c\/strong\u003e first term (1985–1990) saw price controls, nationalizations, and a refusal to pay foreign debt that triggered capital flight and economic freefall. The 1,000,000-Inti note was issued in January 1990 with a print run of \u003cstrong\u003e80 million\u003c\/strong\u003e — and was demonetized just two years later when the \u003cstrong\u003eNuevo Sol\u003c\/strong\u003e replaced the Inti at a rate of 1,000,000 to 1. In other words, this entire note was worth exactly \u003cem\u003eone\u003c\/em\u003e new cent at demonetization.\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 pop. ~10 million; metro pop. ~11 million) — comparable to the greater Chicago metro area\n\u003cul\u003e\u003cli\u003e\n\u003cstrong\u003eOrigin of name of Lima:\u003c\/strong\u003e From the Quechua word \u003cem\u003eRímac\u003c\/em\u003e (\"talker\" or \"speaker\"), the name of the river running through the city\u003c\/li\u003e\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePopulation:\u003c\/strong\u003e ~33 million (UN 2024) — roughly Texas\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eArea:\u003c\/strong\u003e 1,285,216 km² (496,225 mi²) — slightly smaller than Alaska; larger than France, Spain, and Germany combined\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, silver, fishmeal, asparagus, coffee, 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 (~25%), \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/White_Peruvians\" target=\"_blank\"\u003eWhite Peruvian\u003c\/a\u003e (~5%), \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Afro-Peruvian\" target=\"_blank\"\u003eAfro-Peruvian\u003c\/a\u003e (~4%), other (~6%)\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\u003ePeru is the world's second-largest producer of copper and silver\u003c\/strong\u003e and third-largest of zinc — its mineral wealth has shaped (and cursed) its politics for 500 years.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eMachu Picchu\u003c\/strong\u003e was unknown to the outside world until 1911, when American explorer \u003cstrong\u003eHiram Bingham III\u003c\/strong\u003e \"rediscovered\" it — though local farmers had never lost it.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eLima is one of the driest capital cities on Earth\u003c\/strong\u003e — it sits in a coastal desert and receives less than 10 mm of rain per year, yet supports 11 million people.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eThe Shining Path\u003c\/strong\u003e insurgency (1980–1992) killed an estimated 70,000 Peruvians — the same years this note was in circulation.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003ePeru has 84 of the world's 117 life zones\u003c\/strong\u003e, making it one of the most biodiverse countries on the planet.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCeviche\u003c\/strong\u003e was declared part of Peru's national cultural heritage in 2004 — the country takes its food as seriously as its history.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eThe Amazon River\u003c\/strong\u003e begins in Peru, not Brazil — its source is the Apurímac River in the Andes near Arequipa.\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eOwn this note and hold a million-unit monument to economic catastrophe — and to the resilience of a nation that rebuilt itself from the rubble. The Inti is gone; Unanue's legacy endures. This is Peru's most dramatic denomination, from its most turbulent decade, printed by the world's oldest security printer. A centerpiece for any Latin American or hyperinflation collection.\u003c\/p\u003e","brand":"World Money Store","offers":[{"title":"Default Title","offer_id":52638940397879,"sku":"PE148aUNC","price":19.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0969\/7165\/3431\/files\/148o_ec6cea87-137d-43fc-b92e-885ace57f11b.jpg?v=1783597773","url":"https:\/\/worldmoneystore.com\/products\/peru-p148-1000000-intis-1990-unc","provider":"World Money Store","version":"1.0","type":"link"}