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
Leonard Kip of Art and History, a position he filled for ten years. Kip died February 15, 1906. Although Leonard Kip quickly wearied of California, his brother the Rt. Rev. William Ingraham Kip (1811–93) followed in 1853 and remained until his death forty years later, a major figure in the state’s development as the first Protestant Episcopal Bishop of California and a noted religious writer and church historian. Besides contributing to periodicals, he published: Leonard Kip Leonard Kip (1826–1906) was a scion of Old New York who joined the Gold Rush to California for a year of adventure before returning to his