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Wartime Military Payment Certificates
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Country:
U.S.A. |
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Date:
1964 - 69 |
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Denomination:
50
Cents |
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Dimensions:
110 x 54.5 mm |
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Condition:
Crisp Uncirculated |
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Obverse:
Pretty woman looking out over fields in frame on left. "Series 661," "Fifty Cents," and serial number on right.
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Reverse:
"Fifty Cents" and "Military Payment Certificates - for use only in United States military establishments - by United States authorized personnel in accordance with applicable rules and regulation." Red and green stars in background."
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Packaging:
Currency Sleeve |
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During wartime, the sale of high-valued currency to buy low-valued currency in the black market was big business. In the Vietnam War, U.S. Dollars had a much higher exchange rate than the Vietnamese National currency, the Niaster. Using U.S. dollars to purchase Niasters, caused inflation and destabilized local economies even further.
MPCs replaced U.S. currency, but didn’t end all black market trading. Then came Conversion Day (C-Day). C-Days were classified, unannounced days when new MPCs replaced the current MPCs, now devalued currency. Currency exchange for new MPCs was only granted to U.S. soldiers. Infuriated Vietnamese lost out and often bombed nearby U.S. bases immediately following C-Days.
These vibrantly-colored MPCs hail from the 611 Series present during January 1964-April 1969. They include imagery from that time, but differing color and denomination.
Today is your C-Day to pick up some Crisp Uncirculated 50c Wartime MPCs—a colorful piece of American history. |
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