What were military payment certificates used for?
Military payment certificates, or MPC, were a form of currency used to pay U.S. military personnel in certain foreign countries. 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.S. participation in the Vietnam War – from 1946 until 1973.
What is allied military worth?
Collectors. Notes today are fairly common, and can be valued anywhere from one dollar (for a common bill) to a couple thousand dollars for a rare series, low printing, or replacement bill.
How much did ww2 cost in today’s money?
In today’s dollars, World War II cost $4.1 trillion, according to data from the Congressional Research Service.
What’s the value of a Military Payment Certificate?
MPCs in the better condition grades will sell for more money. Uncirculated notes will sell for the highest prices. Most of the MPC replacement notes are worth over $100 in fine condition. In uncirculated condition the value can exceed $1,000 for certain series. Ultimately, the value of an MPC will depend on its series and its condition.
When did the US start redeeming Military Payment Certificates?
The US Department of War issued out military payment certificates (MPC) from the years 1946-1971. These MPCs could be redeemed for US dollars when a soldier left an MPC zone. If a soldier went on leave then the MPCs could be converted into local currency.
Are there any counterfeit US Military Payment Certificates?
Yes, lots of contemporary counterfeits were made. These were not produced to deceive collectors. The ones that still exist were meant to be used at face value in commerce when military payment certificates were still circulating. You are more likely to see counterfeits on the higher denomination notes.
MPCs in the better condition grades will sell for more money. Uncirculated notes will sell for the highest prices. Most of the MPC replacement notes are worth over $100 in fine condition. In uncirculated condition the value can exceed $1,000 for certain series. Ultimately, the value of an MPC will depend on its series and its condition.
How much is a 5c Military Payment Certificate?
641 SERIES 5C MILITARY PAYMENT CERTIFICATE (1st PRINT),PMG GRADED,GEM UNC 66 EPQ. UNITED STATES SERIES 481 MILITARY PAYMENT 5 CENTS CERTIFICATE!
The US Department of War issued out military payment certificates (MPC) from the years 1946-1971. These MPCs could be redeemed for US dollars when a soldier left an MPC zone. If a soldier went on leave then the MPCs could be converted into local currency.
Yes, lots of contemporary counterfeits were made. These were not produced to deceive collectors. The ones that still exist were meant to be used at face value in commerce when military payment certificates were still circulating. You are more likely to see counterfeits on the higher denomination notes.
