Are military payment certificates worth anything?

Most of the common military payment certificates are not valuable and only worth a few dollars in fine condition. 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.

What were military payment certificates used for?

MPCs were a form of scrip (paper money issued for temporary use) used to pay U.S. military and civilian personnel and to conduct other financial transactions on designated overseas military bases.

Who is the woman on military payment certificates?

Anne Izard’s
Anne Izard’s portrait is depicted on the $5 Series 591 military payment certificate. These federal issues were used to pay U.S. military personnel stationed in foreign lands from just after World War II until after the Vietnam War. The notes were intended to prevent a black market in regular notes.

What are military certificates?

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 does MPC mean in military?

Military payment certificates
Military payment certificates, or MPC, were a form of currency used to pay U.S. military personnel in certain foreign countries.

How much does a Military Payment Certificate cost?

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.

What is the value of Military Payment Certificate series 521?

Most military payment certificate series 521 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.

When was the last Military Payment Certificate printed?

The last series printed was in 1970 and was series 701. The only two years that more than one series was printed were 1947 (series 471 and 472) and in 1969 (series 691 and 692). The Bureau of Engraving and Printing (BEP) printed all the series from 1961 to 1970 (series 611-701). Prior to that it was done by contracted printers.

How are position numbers printed on Military Payment Certificates?

Conversion-Day (C-Day) was the 24 hour period when they changed over from one series to the next. It was close hold information and intended to be a surprise to keep fraud and profiteering to a minimum. Position numbers were printed on each note depicting it’s location on the sheet during the printing process.