There are three undervalued areas in currency and the one I am talking about today is Military Payment Certificates. Why are these undervalued? Well most GI’s had no way to keep the notes in good condition. There were 13 issues of MPC's from September 1946 until mid 1973 beginning with Series 461 and ending with Series 692 to our soldiers overseas. The purpose was to control the black market and to keep U.S. cash from getting into the hands of our enemies. Very few MPC's were saved as soldiers were given just a few days notice before an old series became worthless and a new series came into effect. Many of the G.I.'s who brought a few notes home as souvenirs became the first collectors. If you decide to put a set together it is very easy to put a fractional set together which is the 5c 10c 25c and the 50c. I have put a world class Gem set together and have taken the PCGS registry award for the past three years. http://www.treasuredstocks.com/currency/military-payment-certificates/military-payment-complete-collection.html http://www.pcgscurrency.com/SETREGISTRY/Composite.aspx?c=1651 A few years ago when I was at a major show I could find some nice pieces for sale on the floor. Now the only time I see an exceptional piece is at an auction with a premium price. Enjoy, Jeff http://www.treasuredstocks.com/ The only 48 complete sets of the Series 701 known:
