Lao kip of the Soviet collapse in 1991 and the persistence of chronic inflation, there are no coins currently in circulation in Laos. In 1979, banknotes were introduced in denominations of 1, 5, 10, 20, 50 and 100 kip. 500 kip notes were added in 1988, followed by 1000 kip in 1992, 2000 and 5000 kip in 1997, 10,000 and 20,000 kip in 2002 and 50,000 kip on January 17, 2006 (although dated 2004). On November 15, 2010 a 100,000 kip banknote was issued to commemorate the 450th anniversary of the founding of the capital, Vientiane, and the 35th anniversary of the
George Goelet Kip the Town and Country Life magazine wrote that Ruremont, “with its smooth lawns and well-ordered gardens and greenhouses,” was “one of the most attractive places in Morristown.” Kip was a member of the exclusive Holland Society of New York, the Saint Nicholas Society of the City of New York, the University Club of New York and The Metropolitan Club. He also maintained an extensive correspondence with preservationist John Muir, of whom he was a friend and financial supporter. George Goelet Kip died in Morristown on June 27, 1926. George Goelet Kip and Anna Margaret Geissenhainer had three children. George Goelet