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TT $1 MPC MILITARY PAYMENT CERTIFICATE SERIES 661 PCGS 69 PPQ SUPERB GEM NEW
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TT $1 MPC MILITARY PAYMENT CERTIFICATE SERIES 661 PCGS 69 PPQ SUPERB GEM NEW
Price: US $227.50


TT $1 MPC MILITARY PAYMENT CERTIFICATE SERIES 661 PCGS 69 PPQ SUPERB GEM NEW


Serial Number B06141466B and Plate Number 68. Series 661. Graded 69 PPQ (premium paper quality) Superb Gem New by PCGS. Breathtaking detail, stunning colors, perfect margins and razor sharp corners. Military Payment Certificates, or MPC, were used from the end of World War II until the end of the Vietnam War, between the years 1946 and 1973. MPC\'s utilized layers of line lithography to create colorful banknotes that could be produced cheaply. Fifteen series of MPC\'s were created but only 13 series were issued. MPC\'s were paper money denominated in US Dollars in amounts of 5 cents, 10 cents, 25 cents, 50 cents, 1 dollar, 5 dollars, 10 dollars, and starting in 1968 20 dollars. MPC\'s were fully convertible to US dollars upon leaving combat (or more specifically a designated MPC zone) and convertible to local currencies (but not vice-versa), and were illegal for unauthorized personnel to possess, thus, in theory, eliminating US dollars from local economies. Although actual greenbacks were not circulating, many local merchants accepted MPC on par with US dollars, as they knew they could use them on the black market. This was especially evident during the Vietnam War when the MPC program was at its height. There was however a provision meant to combat this. Many veterans can recount a conversion day or C-Day, when one series of MPC was made invalid and replaced by another, where locals (who were not authorized to convert) would be desperately trying to change their MPC as it soon be worthless. Enjoy! 62117uiyzzgh.


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