Military payment certificate series 661

Series military payment certificates are extremely common.

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.

Military payment certificate series 661

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 This note is part of Series , issued 21 October and withdrawn 11 August Download Low Res Image. Order a copy. Share this page. Related information. Conflicts Vietnam, Places Asia: Vietnam. Subjects Military currency.

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, Very fine- A note that has been in circulation but not for a long time.

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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.

Military payment certificate series 661

They were printed in fifteen series and used in 22 different countries during that 27 year period. The denominations issued range from as little as five cents all the way up to twenty dollars. Military payment certificates were intended to be used by members of the United States military who were serving overseas. That means that U. MPCs can be found all over the world today.

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Continue reading to learn more about these notes. Replacement notes will sell for higher prices. Despite security measures being put in place, MPCs soon found their way into the local economy by fraud, theft or other means. They are just too common. Replacement notes can be identified by looking at their serial numbers. All previous series of MPCs were just five, ten, twenty-five and fifty cent issues, along with one, five, and ten dollar notes. The ten and twenty dollar notes at least sell for a few times higher than their face value. The value will mainly depend on the series and the note's condition. Places Asia: Vietnam. If a soldier went on leave then the MPCs could be converted into local currency. Most military payment certificate series notes aren't very valuable. The note is still relatively crisp. Share this page. This field is for validation purposes and should be left unchanged. MPCs were issued to service personnel and some types of civilians.

Series military payment certificates are extremely common.

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. 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. We buy most series military payment certificates. The ten and twenty dollar notes at least sell for a few times higher than their face value. Very fine- A note that has been in circulation but not for a long time. Order a copy. Military payment certificates MPC were used to pay US military personnel stationed in foreign countries. Most military payment certificate series notes aren't very valuable. 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, The big innovation for this series was the introduction of the twenty dollar bill. Sales AntiqueMoney. The note has lost its original crispness and very fine detail. 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.