5 CENTS - Military Payment Certificate

Hi all,
I always wanted a MPC - Military Payment Certificate.. Saw one at the Flea Market today for $4.00
Not in the best of shape but I like its history.
@mpcusa thought of you when I saw this! Any info you can share on it?

 

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Hey Paddy thanks for the tag here,s the skinny on your note:

Series 461

Issued:

September 16, 1946

Withdrawn:

September 30, 1947

Countries used: Austria, Belgium, England, France, Germany, Greece, Hungary
Iceland, Italy, Japan, Korea, Morocco, Netherlands, Philippines
Ryukyus, Scotland, Trieste, Yugoslavia.

Population of the 5 cent note: 7,616,000

being the first set in the MPC set, it is popular with collectors, here are a few of
Mine not one of my main sets however i do have one of the highest rated $10
note from the series here are some examples, always happy to answer any and
all questions.

 

Nice..thanks for sharing your knowledge!

 

The $5 above is a tough note !! even though its only a 40 only 5,400,000 printed

 

The $10 is on the high side at 40,800,000 but super high grades are very tough
as well

 

One thing to say about smaller denominations vs. larger denominations - the smaller denominations tended to get saved as souvenirs by service members, the larger denominations tended to be only saved because someone somewhere missed a C-Day. In the Series 461 - Series 641 the highest denomination was the $10, starting with the Series 661 - Series 701 the largest denomination was the $20.

My father was traipsing out in the field on an investigation in SE Asia when the C-Day for the Series 661 notes happened - otherwise I wouldn't have gotten the little pile of notes years later and still have them.

 

Awesome note score! I was flea-marketing today sadlsadly no MPCs followed me home.

 

mpcusa, that note he posted is a series 472, not 461. Paddyman, for easy reference, the first two numbers of the series are the year (1947) and since it was the second issue that year, a 2 follows.

 

The first two numbers in the series number represent the year the series was ordered by the Army. It it necessarily the year of issue.

 

Paddyman:

PM me your address and I will send you some more including a piece of MPC training money.

 

That's really kind of you lettow!

 

The next thing you need is a replacement note MPC and More money.Replacement note are the one with the serial number with a prefix and NO suffix letter. Good hunting.

 

I have been collecting them for over 10 years. I only have about 13 to complete all of the sets, except for replacements. The ones left; 471 $5.00; 541 $5.00 & $10.00; 591 $5.00 & $10.00; 591 $5.00 & $10.00; 611 $.05, $.10, $.25, $5.00; 681 $10.00; 692 $10.00. I have no replacements. I would like to get better of the ones, but just completing it would be nice.

 

Series withdrawn
461 withdrawn on 10 Mar 1947
471 w/d 22 Mar 1948
472 w/d 20 Jun 1951
481 w/d 25 Mar 1954
521 w/d 27 May 1958
541 w/d 26 May 1961
591 w/d 6 Jan 1964
611 w/d 28 Apr 1969
651 w/d Japan on 19 May 1969
651 w/d Libya 11 Jun 1969
651 w/d Korea 19 Nov 1973
661 w/d 11 Aug 1969
681 w/d 7 Oct 1970
692 w/d 15 Mar 1973
I hope this will help as to when [it's from MPC Professional Currency Dealers Ass. book.{ISBN=0-931960-41-x} copyright 1995 (691 and 701 were never issued, but there are some around)

 

Those particulars notes are some of the hardest to obtain, here,s my top ten
With Grades 53PPQ or better A/U, i say that because for me you want good eye
appeal if at all possible, list is based on population and my own personal experiance

1. Series 591 $5 Pop: 2,400,000
1. Series 521 $5 Pop: 6,400,000
2. Series 541 $5 Pop: 6,000,000
3. Series 611 $5 Pop: 2,800,000
4. Series 611 $10 Pop: 8,400,000
5. Series 471 $5 Pop: 5,400,000

There,s my list, you will find the $5 the rarest in almost every series there
are a couple of exceptions like the Series 661 $5 which is a very common
note in uncirculated grades.

 

I will post some of my personal notes tomorrow