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<p>[QUOTE="lettow, post: 1851378, member: 6986"]The only MPC series before Series 461 is Series A yen when it was used as an experimental military currency used only by US personnel in Japan prior to issuing Series 461 MPC. </p><p><br /></p><p>MPC and AMC (Allied Military Currency) are not related (except for the A yen that was used in Japan). Many people will tell you that AMC was a precursor to MPC or MPC developed from AMC but that is not true. They were issued for very different purposes.</p><p><br /></p><p>AMC was issued as occupation currency to compel the occupied country to pay the costs of the occupation. Its was intended to circulate alongside the indigenous currency as a supplement to it. It was intended to be a part of the local economy. It is similar in this respect to Japanese Invasion Money and German Reichskreditkassenschein notes.</p><p><br /></p><p>Prior to the introduction of MPC, US military personnel in the occupied countries were paid in AMC. This was consistent with the wartime practice of paying US military personnel in the local currency instead of US dollars. AMC was also used to pay for purchase of goods by the occupation authorities and paying civilian employees of the occupation authorities.</p><p><br /></p><p>MPC was specifically issued to separate the pay of US military personnel from the local economy. AMC and MPC were used at the same time after MPC was introduced in September 1946. MPC was paid to US military personnel as wages. AMC continued to be used as pay for civilian employees and purchases. MPC received as pay could be converted into local currency but local currency could not be converted into MPC.[/QUOTE]</p><p><br /></p>
[QUOTE="lettow, post: 1851378, member: 6986"]The only MPC series before Series 461 is Series A yen when it was used as an experimental military currency used only by US personnel in Japan prior to issuing Series 461 MPC. MPC and AMC (Allied Military Currency) are not related (except for the A yen that was used in Japan). Many people will tell you that AMC was a precursor to MPC or MPC developed from AMC but that is not true. They were issued for very different purposes. AMC was issued as occupation currency to compel the occupied country to pay the costs of the occupation. Its was intended to circulate alongside the indigenous currency as a supplement to it. It was intended to be a part of the local economy. It is similar in this respect to Japanese Invasion Money and German Reichskreditkassenschein notes. Prior to the introduction of MPC, US military personnel in the occupied countries were paid in AMC. This was consistent with the wartime practice of paying US military personnel in the local currency instead of US dollars. AMC was also used to pay for purchase of goods by the occupation authorities and paying civilian employees of the occupation authorities. MPC was specifically issued to separate the pay of US military personnel from the local economy. AMC and MPC were used at the same time after MPC was introduced in September 1946. MPC was paid to US military personnel as wages. AMC continued to be used as pay for civilian employees and purchases. MPC received as pay could be converted into local currency but local currency could not be converted into MPC.[/QUOTE]
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World War II Military Occupation Currency All Series
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