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

  $149.00

  Europe & Korea use., Light handling

  Item #134507 (1 / 66)
• 
  $1. Series 661. XF.

  $199.00

  1968-69 $1. Series 661. Replacement note. XF. Scarce and desirable.

  Item #215795 (2 / 66)
• 
  $1. 611. VF.

  $105.00

  Choose from 4 different notes!

  Item #216848 (3 / 66)
• 
  $1. 641. FINE.

  $169.00

  Choose from 5 different notes!

  Item #216853 (4 / 66)
• 
  $1. 641. VF.

  $249.00

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

  Item #216854 (5 / 66)
• 
  $1. 641. VG.

  $139.00

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

  Item #216852 (6 / 66)
• 
  $1. 661. CAU.

  $429.00

  1968-69. Replacement note. Scarce.

  Item #216863 (7 / 66)
• 
  $1. 661. VF.

  $119.00

  1968-69. Replacement note. Scarce.

  Item #216862 (8 / 66)
• 
  $1. 661. XF+.

  $219.00

  1968-69. Replacement note. Scarce.

  Item #216859 (9 / 66)
• 
  $10. 641. FINE.

  $119.00

  Choose from 2 different notes!

  Item #216795 (10 / 66)
• 
  $10. 641. FINE.

  $109.00

  Choose from 2 different notes!

  Item #216798 (11 / 66)
• 
  $10. 641. VF.

  $169.00

  Choose from 22 different notes!

  Item #216802 (12 / 66)
• 
  $10. 641. VF.

  $139.00

  Choose from 13 different notes!

  Item #216808 (13 / 66)
• 
  $10. 641. XF.

  $249.00

  Choose from 2 different notes!

  Item #216815 (14 / 66)
• 
  $20. 681. VF.

  $299.00

  1969-70 Replacement Note. High denomination. Very scarce and desirable.

  Item #216790 (15 / 66)
• 
  $5. 641. FINE.

  $329.00

  1965-68. Replacement note. Scarce.

  Item #216857 (16 / 66)
• 
  1 Dollar. 481. CCU.

  $209.00

  Choose from 2 different notes!

  Item #216393 (17 / 66)
• 
  10 Cents. 481. VG.

  $109.00

  Choose from 5 different notes!

  Item #216400 (18 / 66)
• 
  10 Cents. 651. GCU.

  $239.00

  Choose from 3 different notes!

  Item #216389 (19 / 66)
• 
  10 Dollars. 472. AU.

  $179.00

  Choose from 3 different notes!

  Item #216366 (20 / 66)

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• 66 items found