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

  $129.00

  Europe & Korea use., Light handling

  Item #134507 (1 / 53)
• 
  $1. 611. VF.

  $105.00

  Choose from 4 different notes!

  Item #216848 (2 / 53)
• 
  $1. 641. FINE.

  $129.00

  Choose from 2 different notes!

  Item #216853 (3 / 53)
• 
  $1. 641. VG.

  $109.00

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

  Item #216852 (4 / 53)
• 
  $1. 661. CAU.

  $279.00

  1968-69. Replacement note. Scarce.

  Item #216863 (5 / 53)
• 
  $1. 661. VF.

  $119.00

  1968-69. Replacement note. Scarce.

  Item #216862 (6 / 53)
• 
  $1. 661. XF+.

  $219.00

  1968-69. Replacement note. Scarce.

  Item #216859 (7 / 53)
• 
  $10. 641. FINE.

  $119.00

  Choose from 2 different notes!

  Item #216795 (8 / 53)
• 
  $10. 641. FINE.

  $109.00

  1965-68 $10 Series 641. Vietnam issue. Replacement note. Typical pinholes. Scarce.

  Item #216798 (9 / 53)
• 
  $10. 641. VF.

  $159.00

  Choose from 17 different notes!

  Item #216802 (10 / 53)
• 
  $10. 641. VF.

  $139.00

  Choose from 11 different notes!

  Item #216808 (11 / 53)
• 
  $10. 641. XF.

  $199.95

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

  Item #216815 (12 / 53)
• 
  $5. 641. FINE.

  $329.00

  1965-68. Replacement note. Scarce.

  Item #216857 (13 / 53)
• 
  1 Dollar. 481. CCU.

  $159.00

  (1951-54) Europe & Korea use.

  Item #216393 (14 / 53)
• 
  10 Cents. 481. VG.

  $109.00

  Choose from 2 different notes!

  Item #216400 (15 / 53)
• 
  10 Dollars. 472. AU.

  $179.00

  Choose from 2 different notes!

  Item #216366 (16 / 53)
• 
  10 Dollars. 472. XF.

  $109.00

  Choose from 3 different notes!

  Item #216363 (17 / 53)
• 
  10c. Series 481. VF.

  $145.00

  1951-54 Replacement note., Scarce, about 50 known.

  Item #132169 (18 / 53)
• 
  10c. Series 661. CCU.

  $399.00

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

  Item #215792 (19 / 53)
• 
  10c. Series 661. FINE.

  $149.00

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

  Item #215674 (20 / 53)

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• 53 items found