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KOTTAYAM PHILATELIC and NUMISMATIC SOCIETY



The Kottayam Philatelic and Numismatic Society are holding their annual
exhibition in Kottayam, Kerala on December 1st, 2nd, and 3rd, 2023.
https://philaindia.info/kpns-stamps-and-coins-fair-2023-kottayam/


Our esteemed fried Jacob "Sunny" Mathai has now been given
a life membership in the Philatelic Congress of India (PCI).

We wish Sunny and his team have a great exhibition!

 

RUSSIAN AMERICAN COMPANY

The untold story of the RAC:
The Hudson Bay Company 2.0

by: Dmitriy Litvak

Backgrounder


Now Available on Amazon

This book delves into the creation and operational history of the Russian-American Company (1799- 1871) and shines a light on a truly unique artifact in the annals of local currency circulation - the issuance of RAC tokens, called Marka [Марка]. These tokens are recognized by various names, including "Leather Money," "Walrus Skin Money," "Sealskin Money," “Alaskan Tokens” and more.

 
GABON and HAĎTI

Gab P.UNL(~K5b) 10,000 Francs
 30.8.2023

Hti P.UNL(~239) 1 Gourde
 7 Fev 1986

On August 30, 2023 the Bongo family dynasty was overthrown by the Gabonese military and current President Ali Bongo Ondimba was placed under house arrest. This happened just after he was declared re-elected for the third time.

The father, Omar Bongo was in office for almost 42 years from 2.12.1967 until his passing on 8.6.2009. His son Ali Bongo Ondimba was sworn in as the third President on 16.10.2009 and remained in office until his overthrow by the military on 30.8.2023 for a total of 56 years by the Bongo family.

The Bongo family net worth has been reported as $1 Billion.

President Francoise Duvalier, "Papa Doc", was in office from 22.10.1957 until his passing on 21.4.1971. His son Jean Claude Duvalier, "Baby Doc", was sworn in on 22.4.1971 at age 19 and remained in office until 7 February 1986 when he was "escorted" with his family on a USA plane to France.

The Duvalier family's net worth has been reported as $100 Million upon Baby Doc's death on 4.10.2014, although it was reported that he left the country in 1986 with $350 Million from the Haitian treasury.

So is there more to learn from these two situations.

Both countries were run by strong leaders, backed by a controlled military in Gabon and the Ton Ton Macoutes, a pseudo military in Haiti. During their rules there was stability in each case. Both leaders families became very rich, while the people did not reap many benefits, except stability.

It remains to be seen how Gabon will proceed under new interim leadership. Haiti on the other hand is currently in great distress, with rampant crime, kidnappings, assassinations, etc.

So the question is, is it better to have a strong leader who personally reaps huge benefits from the gouvernment but maintains stability in the country?

 

 

BOOM in BENJAMINS


USA P.549L 100 Dollars L12(SF) Series 2017A

According to the International Monetary Fund (IMF), the USA $100 bill is now the most popular banknote, overtaking the $1 bill.

Geopolitical instability could be one reason behind the surge in $100 bills, according to Fed economist Ruth Judson. “Overseas demand for US dollars is likely driven by its status as a safe asset,” Judson told the Richmond Fed’s Econ Focus in 2018. Another possibility is “The underground economy, the informal economy, the criminal economy—all of it contributes certainly to the appeal of large denomination bills.”

The dollar’s role as the dominant international reserve currency may be the key factor. Article link: The Boom in Benjamins – IMF F&D

More: http://www.numismondo.net/pm/usa/index530.htm

 

Eva Perón, also known as Evita was an Argentine politician, activist, actress, and philanthropist who served as First Lady of Argentina from June 1946 until her death in July 1952, as the wife of Argentine President Juan Domingo Perón (1895–1974) Source: Wikipedia


Argentina P.UNL 5 Pesos 4.3.1953 Photographic PROOF


Argentina, Province de Rioja bono, N.7438, P.SUNL 50 Pesos
L.29.5.2001 E.31.12.2003 Serie A

 
Tomorrow UKRAINE will issue a new 20 Hryvnia banknote to commemorate
the start of the Russia-Ukraine war.  2.23.2023
ukrP.New20Hryvnia2023.png
P.New 20 Hryvnia 2023
 
ukrP.New20Hryvnia2023r.png
Back
 



Possible design for new Australia Fiver?

KING CHARLES WILL NOT APPEAR ON THE NEW AUSTRALIA $5 BANKNOTE.

Instead the Central Bank announced that the First Australians
or Indigenous People will be honoured on the new fiver which
will be out in a few years, after extensive consultation with the
First Australians.

The First Australians have been lobbying for formal recognition
since 1910 and while they have had their images appear on
postage stamps and coins but getting on a $5 banknote
has added significance.

Interesting that evidence of a single human migration out of
Africa was
confirmed that Aboriginal Australians are the world's
oldest civilization, traced back about 59,000 years ago...
and now they appear again on a banknote.

Child Photo Credit: Ingetje Tadros/Getty Images
 


Another Woman in Power, Felicidades!


PERU
Chief of State, Prez:
Dina BOLUARTE 7.12. 2022 >


Another Woman in Power, Felicitazioni!

ITALY
Head of Gouvernment, Prime Minister:
Giorgia MELONI 10.22.
2022 >
 

Top 10 Strongest Currencies in the World,
KUWAIT Dinar is No.1


 


Remembering 9/11




Sad to see Queen Elizabeth II
Passed Away Today, September 9, 2022

 

A Woman Head of State,
President of HUNGARY:


 

Katalin Eva Novák

A Woman Head of State,
President of INDIA



Droupadi MURMU


Another Woman Heading Up a Gouvernment:




Great Britain Head of Gouvernment, Prime Minister:
 Mary Elizabeth TRUSS 5.9.2022 - 25.10.2022

 

 


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