Are military payment certificates valuable?

Most of the common military payment certificates are not valuable and only worth a few dollars in fine condition. MPCs in the better condition grades will sell for more money. Uncirculated notes will sell for the highest prices. Most of the MPC replacement notes are worth over $100 in fine condition.

Who is the lady on the military payment certificate?

Anne Izard’s portrait is depicted on the $5 Series 591 military payment certificate. These federal issues were used to pay U.S. military personnel stationed in foreign lands from just after World War II until after the Vietnam War. The notes were intended to prevent a black market in regular notes.

Who is the woman on the Military Payment Certificate Series 641?

Laura
Issued from August of 1965 until October of 1968, this $5 Military Payment Certificate is known to collectors as a “Medusa” note because of the hairstyle of the woman on the obverse – whose actual name is “Laura.” Unlike standard U.S. currency, these notes were issued during the Vietnam War to soldiers serving overseas …

How much is a Military Payment Certificate Series 481 worth?

The MPC series 481 5 cent notes are worth around $2 in fine condition. In very fine condition the value is around $4. Uncirculated notes can sell for around $27.50.

What year did the military stop paying in cash?

Military payment certificates, or MPC, were a form of currency used to pay U.S. military personnel in certain foreign countries. They were used in one area or another from a few months after the end of World War II until a few months after the end of U.S. participation in the Vietnam War – from 1946 until 1973.

How much did a US soldier get paid in Vietnam?

Vietnam War New soldiers pocketing $78 would have a salary that equates to 642.71 now, while those with over four months of service who pocketed $83.20 were receiving the equivalent of $685.56 in today’s dollars.

How much is Vietnam War money worth?

More than 58,000 Americans died in Vietnam and more than 150,000 were wounded. Basing on the current dollar value, the Vietnam War cost the equivalent of about $1 trillion.

What are the series numbers on Military Payment Certificates?

The series numbers are: Every MPC denomination and series has unique design features to help reduce or prevent counterfeiting. For instance, military payment certificate 521 was the first series to use bright colors and to have the denominations printed on the reverse side of the notes. Other features on MPCs include:

How much is a military payment certificate worth?

$20 (RARE) “MILITARY PAYMENT CERTIFICATE” SERIES 681 $20 (MPC) RARE ITEM!! TT MILITARY PAYMENT CERTIFICATE SERIES 611 50c LCG 58 PPQ CHOICE ABOUT NEW! Military payment certificates are a niche category in currency collecting, which means these notes can add value to your currency collection.

Where can I buy a 5 cent Military Payment Certificate?

You can find a wide selection of MPCs to purchase on eBay, including a 5-cent military payment certificate, a 10-cent military payment certificate, and a 5-dollar military payment certificate series 641. MPCs are no longer in use, but the historical importance of these notes should not be overlooked. Why were military payment certificates created?