United States Military Payment Certificate 1 dollar note: L D Johnson 6RAR

Accession Number RELC02751
Collection type Technology
Object type Currency
Maker United States Government
Place made United States of America
Date made 1969
Conflict Vietnam, 1962-1975
Description

US Military Payment Certificate - 1 Dollar. Paper note, rectangular in shape and printed in hues of purple and orange. The front of the note has 'Military Payment Certificate' printed at the top with the number 18 printed below, and 'Series 681' (Issued 11 August 1969, withdrawn 7 October 1970). Serial No. C16940890C. Below the serial number is printed ONE DOLLAR. At the base of the note is printed 'For use in United States Military establishments by United States authorized personnel in accordance with applicable rules and regulations.' The face vignette of this note has an image of the face of a United States Air Force (USAF) pilot on the right hand side, while on the reverse of the note is an image of four USAF aircraft flying in formation. Also on the reverse of the note is printed 'For use in United States Military Establishments - By United States authorized personnel in accordance with applicable rules and regulations.' In each of the four corners (on both sides of the note) is the number 1.

History / Summary

Military Payment Certificates (MPC) were created and issued in US occupied areas in an attempt to prevent black-market activities and to ensure that the American dollar remained insulated. Despite being intended for use only by American service personnel and a few authorised civilians, MPCs soon filtered into the larger local economy. Once this had occurred, a new series of MPC would be released. Those who were authorised to have MPCs would swap their old notes for the new issue MPCs, while the old series, now worthless, was withdrawn. There were 13 issues of MPC officially released, beginning with 461 and ending with 692. Series 681 was issued 11 August 1969 and withdrawn 7 October 1970.

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Conflicts