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.

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, The big innovation for this series was the introduction of the twenty dollar bill. All previous series of MPCs were just five, ten, twenty-five and fifty cent issues, along with one, five, and ten dollar notes. I guess you can blame the need for twenty dollar notes on inflation. In terms of value, all but the ten and twenty dollar notes are almost worthless in circulated condition.

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. It's not possible to determine an accurate price range due to the lack of recent sales data. Fine- A note that has clearly been in circulation.

Continue reading to learn more about these notes.

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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. They have been very well researched. In most situations we have records of exactly how many were printed and we usually have a pretty good idea of how many are still known to exist. This makes collecting military payment certificates fairly easy.

Military payment certificate series 661

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Most military payment certificate series notes aren't very valuable. The note is not completely stained or spoiled. I guess you can blame the need for twenty dollar notes on inflation. 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. Despite security measures being put in place, MPCs soon found their way into the local economy by fraud, theft or other means. Continue reading to learn more about these notes. Military Payment Certificate Series Uncirculated- A note that shows no signs of ever having been in circulation. They were issued to US military personnel in Vietnam. Replacement notes can be identified by looking at their serial numbers. There may be some creases, folds, or light smudges. Conflicts Vietnam,

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If a soldier went on leave then the MPCs could be converted into local currency. Related information. Military payment certificates MPC were used to pay US military personnel stationed in foreign countries. I guess you can blame the need for twenty dollar notes on inflation. Download Low Res Image. When dealing with series military payment certificates you really just need to focus on finding replacement notes. Value The value will mainly depend on the series and the note's condition. The MPC series 50 cent replacement notes exist but they are very rare. However rare notes exist and they can sell for more money. Places Asia: Vietnam.