currency, MPC, in particular

Dick · Expert Member

Anyone know about MPC's, (Militarty pay certificates)? Mike asked me, but that is out of my line. kurt, Ed, anyone?
Thanks,
Dick

fiddle-fart · Veteran Member

The reason I didn't post them here was no place for paper money. Like I said to Dick, files are too large for CCF.

Any help on what they are
When they were used
Any idea what they are worth?

Thanks
Mike

KurtS · Senior Member

Those are interesting...I've seen a few in military/antique shops but I don't have any. These usually have a woman on the front, and the ones I've seen for WWII have a picture from that era. For your two, I can tell you the style of the engraving for the woman was about 1890-1915, so it might be WWI, but I've been told you can look these up by the series #.

fiddle-fart · Veteran Member

Thank You Kurt for sending me in the right direction.

info:
From the Vietnam war and French Indochina (1968-1969)
e-bay prices range from $1.00-? depending on the collector.

Thanks Dick and once again Thanks Kurt

Mike

Dick · Expert Member

Mike, a bit of info in this respect. When i was in the Phillipines, *54-61), we used MPC, because the dollar was not "legal to use there, or something to that effect. We could make runs to Okinawa, or other places where the dollar circularted, and usualy bring back a few. I bottle of White Hores whisky, was very high in demand. One could 'pay the rent for a month with one white Horse. So I heard....
Dick

eagames · Expert Member

A good place for info is the CU forum in the currenvy section.

If you want more info let me know and I can post it there as a question and link to that forum so you can see the responses.

Smile

KurtS · Senior Member

Hi, the scoop from a friend is this series was used exclusively in Vietnam as you say--pretty surprising for such an old style of engraving. Shocked

Bob P · Site Admin

There is an article in the Sept 15, 2008 Coin World about MPC's starting on page 84. Very interesting reading.

coppercoins · Site Admin

I don't know much of anything about MPCs, but from what I have heard, read, and experienced through the years is that they aren't generally worth much unless they are crisp....or in a rare series, which I know next to nothing about.

fiddle-fart · Veteran Member

Thanks All
I learned alot of something I knew nothing about.

The group before me was the last ones to go to 'nam.

Mike

Dick · Expert Member

Another think about MPC's, is when one only makes $66.00 a month, they don't see much of them.
Dick

Robert · Senior Member

Noitce the 3-digit series. The first two digits are the year it was issued, so "661" means 1966. The "1" just means the first series of that year.

They would be issued for a year or so, and then would be "converted" to the new series on conversion day (or "C-Day"). If you didn't convert your MPCs, you were left holding worthless paper.

That's about all I know about those.

eagames · Expert Member

eagames · Expert Member

Here's a pic:

It might be that whoever filled it was just happy to help the country. Attitudes were different in WW2 than nowdays. Still just imagine that a full book was worth a pile of 37 new silver walker halves and a silver quarter. Smile

fiddle-fart · Veteran Member

wow never seen anything like that....
it even counted the amount that each stamp collected was worth... thats pretty cool.......