Military payment certificate series 661

Series military payment certificates are extremely common. Nearly million dollars in face value was issued. All of that happened in the time period between when series notes were introduced on October 21st, and when they were redeemed on August 11th,

Military Payment Certificates MPC were created and issued in US occupied areas in an attempt to prevent and combat black-market activities and to ensure that the American dollar remained insulated. MPCs were issued to service personnel and some types of civilians. They were accepted as a form of payment on bases, ships, canteens, and other similar places but could not be used to buy local goods or services without prior permission and only by those authorised to accept MPCs. Despite security measures being put in place, MPCs soon found their way into the local economy by fraud, theft or other means. When American officials felt that substantial quantities of MPC were embedded into the local economy, or that the current series of MPC was in some other way being compromised, another series would be released to replace and devalue the current one. This note is part of Series , issued 21 October and withdrawn 11 August Download Low Res Image.

Military payment certificate series 661

Most military payment certificate series notes aren't very valuable. However rare notes exist and they can sell for more money. Continue reading to learn more about these notes. Military payment certificates MPC were used to pay US military personnel stationed in foreign countries. They were created in order to reduce currency arbitrage. If a soldier went on leave then the MPCs could be converted into local currency. They were issued to US military personnel in Vietnam. The value will mainly depend on the series and the note's condition. Replacement notes will sell for higher prices. Replacement notes are more rare and more valuable. These replacement notes have a number at the end of the serial number, where as the standard notes have a letter at the end of the serial number. The MPC series 50 cent replacement notes exist but they are very rare.

Value The value will mainly depend on the series and the note's condition.

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Military payment certificates , or MPC , was a form of currency used to pay United States US military personnel in certain foreign countries in the mid and late twentieth century. They were used in one area or another from a few months after the end of World War II until a few months after the end of U. The certificates were made by line lithography to create colorful banknotes that could be produced cheaply. Fifteen series of MPCs were created, but only 13 series were issued. The remaining two were largely destroyed, although some examples remain. Among the 13 released series, a total of 94 notes are recognized. Because the futures of local governments were unclear, the local citizens might not trust local currencies. Because they preferred a stable currency like U. As dollars became more favorable to hold, the local currencies became inflated , thwarting Allied plans to stabilize local economies. Skip to main content.

Military payment certificate series 661

Series military payment certificates might be described as the most American of any of the MPC notes issued between and The designers at the Bureau of Engraving and Printing used distinctly American vignettes like eagles, buffalos, and Native Americans. These were first introduced into circulation on October 7th, and withdrawn on March 15th, This is the last official series of military payment certificates ever issued by the United States. Series MPCs were issued for eight different denominations. Like the prior three issues, these were exclusively used in Vietnam, which means that many came home with soldiers as souvenirs. In total, just over millions dollars in face value was issued. The ten dollar replacement is the key to the series if we are not factoring in printing run varieties. Replacement notes are easy to spot. Standard issue series military payment certificates have a serial number that begins and ends with the letter E.

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In terms of value, all but the ten and twenty dollar notes are almost worthless in circulated condition. They are just too common. This note is part of Series , issued 21 October and withdrawn 11 August Share this page. It's not possible to determine an accurate price range due to the lack of recent sales data. Order a copy. MPCs were issued to service personnel and some types of civilians. Military Payment Certificates MPC were created and issued in US occupied areas in an attempt to prevent and combat black-market activities and to ensure that the American dollar remained insulated. They were created in order to reduce currency arbitrage. The note has lost its original crispness and very fine detail. They were accepted as a form of payment on bases, ships, canteens, and other similar places but could not be used to buy local goods or services without prior permission and only by those authorised to accept MPCs.

The U. There was a need to restrict payments to U. Especially in war zones, where U.

Nearly million dollars in face value was issued. Military payment certificates MPC were used to pay US military personnel stationed in foreign countries. When American officials felt that substantial quantities of MPC were embedded into the local economy, or that the current series of MPC was in some other way being compromised, another series would be released to replace and devalue the current one. Grading System Fine- A note that has clearly been in circulation. If the number does not end with the letter B, then you have a replacement. Fine- A note that has clearly been in circulation. These replacement notes have a number at the end of the serial number, where as the standard notes have a letter at the end of the serial number. Military Payment Certificates MPC were created and issued in US occupied areas in an attempt to prevent and combat black-market activities and to ensure that the American dollar remained insulated. Replacement notes are more rare and more valuable. It's not possible to determine an accurate price range due to the lack of recent sales data. The MPC series 50 cent replacement notes exist but they are very rare. They were accepted as a form of payment on bases, ships, canteens, and other similar places but could not be used to buy local goods or services without prior permission and only by those authorised to accept MPCs. When dealing with series military payment certificates you really just need to focus on finding replacement notes. Share this page.