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Military Payment Certificates

Just after the close of World War II, the U.S. government decided to stop paying our soldiers overseas with U.S. currency, and start paying them with specially designed Military Payment Certificates.

These notes had the full value of U.S. currency, but were only valid in U.S. military installations and exchanges. In this way, the U.S. military could control the amount of U.S. currency entering foreign hands and limit the black market in illicit goods, as only U.S. military personnel could exchange the MPC's (as they are known) into U.S. currency.

Several different series were issued between 1946 and 1973, and were used in all major military based and in our nation's many conflicts. In many cases, few were saved by returning soldiers, making them very scarce and desirable today.

• Found 43 items matching [ Raw ]
• 
  $1. Series 481. CCU.

  $129.00

  Europe & Korea use. A nice crisp note with good color and only a trace of light staining.

  Item #134507 (1 / 43)
• 
  $1. 611. VF.

  $105.00

  Choose from 4 different notes!

  Item #216848 (2 / 43)
• 
  $1. 641. FINE.

  $129.00

  1965-68. Replacement note. Very scarce. About 26 known.

  Item #216853 (3 / 43)
• 
  $1. 641. VG.

  $109.00

  1965-68. Replacement note. Very scarce. About 25 known

  Item #216852 (4 / 43)
• 
  $10. 641. FINE.

  $119.00

  Choose from 2 different notes!

  Item #216795 (5 / 43)
• 
  $10. 641. FINE.

  $109.00

  1965-68 $10 Series 641. Vietnam issue. Replacement note. Staple holes left end. Scarce.

  Item #216798 (6 / 43)
• 
  $10. 641. VF.

  $159.00

  Choose from 16 different notes!

  Item #216802 (7 / 43)
• 
  $10. 641. VF.

  $129.00

  Choose from 9 different notes!

  Item #216808 (8 / 43)
• 
  $10. 641. XF.

  $199.95

  1965-68 $10 Series 641. Vietnam issue. Replacement note. Scarce higher denomination.

  Item #216815 (9 / 43)
• 
  $5. 641. FINE.

  $329.00

  1965-68 Vietnam Era and scarce larger denomination replacement note.

  Item #216857 (10 / 43)
• 
  1 Dollar. 481. CCU.

  $159.00

  (1951-54) Europe & Korea use. Crisp paper body with great color and well centered.

  Item #216393 (11 / 43)
• 
  10 Cents. 481. VG.

  $109.00

  (1951-54) Replacement Note., Scarce, about 50 known.

  Item #216400 (12 / 43)
• 
  10 Cents. 641. FINE.

  $119.00

  1965-68 Replacement note, good paper body, staple hole right end center. Scarce.

  Item #233386 (13 / 43)
• 
  10 Dollars. 472. AU.

  $179.00

  (1948-51) Europe & Asia use. A scarce higher denomination with crisp paper body and great color.

  Item #216366 (14 / 43)
• 
  10 Dollars. 472. XF.

  $109.00

  Choose from 3 different notes!

  Item #216363 (15 / 43)
• 
  10c. Series 661. CCU.

  $349.00

  1968-69 10 Cents. Series 661. Replacement note. Choice Crisp Uncirculated. Fresh. Scarce and desirable.

  Item #215792 (16 / 43)
• 
  10c. Series 661. FINE.

  $139.00

  1968-69 10 Cents. Series 661. Replacement note. Fine. A couple of typical rust stains Scarce and desirable.

  Item #215674 (17 / 43)
• 
  10c. 472. VG.

  $115.00

  1948-51 Replacement note., Very scarce., About 30 known.

  Item #216799 (18 / 43)
• 
  10c. 541. VF.

  $139.00

  1958-61 Replacement note, Crisp paper body with just a little light staining. No holes or tears. Scarce.

  Item #216805 (19 / 43)
• 
  10c. 661. CCU.

  $329.00

  1968-69 Replacement note. A tougher piece with bright vibrant color and good centering.

  Item #216817 (20 / 43)

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• 43 items found