Military Payment Currency Guide

Discussion in 'Paper Money' started by Thomas R Reynolds, Jun 18, 2019.

  1. Jwt708

    Jwt708 Well-Known Member

    Well...there were no MPCs in WWII. If you know the year of the note, it's only speculation which theater it may have ever entered. Did a gem uncirculated note ever leave the BEP? The installation Finance office? Did it make it to Vietnam, Korea, Germany? No way to know. Just like a coin - no way to know where it was used.
     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    This information should be on the grading certificate, not sure why they dont
    Include it, but i will be glad to address your complaints...LOL

    This could turn in to a very lengthy post, but will keep it simple on what i
    Have already posted

    The $20 PCGS 68PPQ and the $10 PCGS 67PPQ are both from the Series 661

    Series 661
    Issued: October 21st 1968
    Withdrawn: August 11th 1969

    Prime usage: Vietnam

    There wee actually several sets that covered the Vietnam years, i will cover each
    Significant series with an example
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Series 641
    Issued: August 31st 1965
    Withdrawn: October 21st 1968

    Prime usage: Vietnam


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    This is one of my top of the pops in 68PPQ which is the highest known grade
     
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The Series 681 actually follows the 661 by date, so just follow issue and withdrawn
    Dates;

    Series 681
    Issued: August 11th, 1969
    Withdrawn: Oct 7, 1970

    Primary usage: Vietnam

    Believe it or not i have allot of top pops, you would think there as
    Common as water. LOL


    [​IMG]

    [​IMG]
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Series 692
    issued: October 7. 1970
    Withdrawn:March. 1973

    Primary usage: Vietnam


    [​IMG]


    [​IMG]


    Water is still flowing :)
     
  7. kaparthy

    kaparthy Well-Known Member

    461 10 cents XF back copy.jpeg 461 10 cents XF face copy.jpeg
    Series 1946.

    461 50 cents VF back copy.jpeg 461 50 cents VF face copy.jpeg Series 1946.

    472 $1 fine back copy.jpeg 472 $1 fine face copy.jpeg

    Series 541 five cent back.jpeg Series 541 Five cents face 1.jpeg

    1954. Some say the Korean War was over, but my father was shot by a sniper while patrolling the DMZ after the armistace. No Purple Heart.
     
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  8. kaparthy

    kaparthy Well-Known Member

    Occupation Currency (France).jpeg
    Dated 1944. American occupation currency for France.
     
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  9. Hookman

    Hookman Well-Known Member

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  10. lettow

    lettow Senior Member

    Don't tell the French it was occupation currency. The proper name for the French notes are supplemental francs. Their status resulted in a minor diplomatic uproar. It was not until August 1944 that the Committe for French Liberation recognized supplemental francs as legal tender in France.
     
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  11. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Well, to me that,s just a technicality ! to deny someone a military honor just
    Because they say the war was over is awful obviously the sniper did know the
    War was over.
     
  12. ernie11

    ernie11 Member

    Do position numbers ever determine the value of an MPC? Recently purchased a very used $1 from Series 521, position number 1. The serial number is sorta on the low side (E00003869E).
     
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    regardless of anything else condition is the number one thing to look
    For when determining value, then there,s the printed population 28,000.000
    Of these were delivered, which is one of the highest printings in the entire
    MPC Series !! also have been collecting MPC for over 20 Years, low serial
    Numbers can bring an added premium but it would have to be a two
    Digit number to grab my attention, as far as the position number i would
    Have to say no on that as well, if you would like to post a picture
    I would be glad to give you an estimated value :)

    I have never really focused on this particular Series but i do have a few
    here,s one Series 521 $1 in PCGS65PPQ and this would have a value
    Between $95 - $105 just to give you an idea.





    [​IMG]


    [​IMG]
     
  14. lettow

    lettow Senior Member

    Because of the way the sheets were cut, there are some positions that have better centering than others.
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Here,s a good example, since i am very familiar with the Series 681
    The position # 19 in $10 will yield great results in a note that is raw
    And gem.


    [​IMG]

    [​IMG]


    [​IMG]

    [​IMG]
     
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    if you find a high grade note, you will usually find a pattern of the same
    Position # for this note the magic number is 19, you can see that the
    Above notes are only about 320 off in serial number, so these were actually
    Getting better as they were going along, a real good possibility of 70
    In this group :)
     
  17. ernie11

    ernie11 Member

    I don't have the means to post an image now, but this is a low-condition note and would have minimal value.
     
  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Ok, if you have any other questions please let me know.
     
  19. Jwt708

    Jwt708 Well-Known Member

    Value is subjective. Don't get caught up in the mentality that only high grade examples are collectable. Obviously don't pay high grade money for a lower grade but this hobby can be enjoyed on any budget. Good luck!
     
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  20. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    There is no doubt about it, when i started my collection it was all raw
    And most sets you can build in VF+, for very little cash especially series
    like the 641, 661 , 681 most in those series i would call affordable
    Start small and build one set at a time, and best of all enjoy the hobby :)
     
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  21. Hookman

    Hookman Well-Known Member

    I've got some of these myself. I also collect Occupation Currency such as the Japanese Pesos, Gulders and such. I've read that the U.S. counterfeited an enormous amount of the Japanese Occupation Money, especially for the Philippines currency.
    I'd really like to know how to tell the real from the fake in those notes. I actually would like to have some of both, but I want to be able to tell them apart.
    I won a few eBay auctions that had some Japanese Philippine notes, and they were stamped in black as being evidence in a lawsuit against the U.S. for having flooded the Philippines with fake Japanese Occupation notes and thus causing great economic damage to the businesses there. So of course, being stamped, these are known fakes.
    Since these notes were counterfeited by our own government, they must be really hard to tell apart, although I would think our government might put something on or in those notes to make them easier to recover and remove from circulation after the war, but again, I think I remember reading that the fact that they did not do that, is part of the basis for the lawsuit.
    Any knowledge on those?
     
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