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10 Cents Military Payment Certificate

Issuer United States Department of Defense
Year 1965-1968
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Currency Dollar (1785-date)
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Obverse lettering MILITARY PAYMENT CERTIFICATE
TEN
SERIES 641
CENTS
FOR USE ONLY IN UNITED STATES MILITARY ESTABLISHMENTS-BY UNITED STATES AUTHORIZED PERSONNEL IN ACCORDANCE WITH APPLICABLE RULES AND REGULATIONS
Reverse description Central vignette of a spread-winged American eagle with talons clasping olive branches and arrows, set against a radiating guilloche underprint in green and red. Denomination numeral '10' with cent sign printed in red at left and right; a circular guilloche element above the eagle bears the value '10' and 'TEN CENTS' in the centre.
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Comments

Military Payment Certificates were issued to U.S. military personnel stationed overseas as a control mechanism against currency black markets — local populations and black marketeers who accumulated dollars could not redeem MPCs, since exchange was restricted to authorized personnel only. Series 641, which covers this note, was introduced in May 1965 and remained in circulation until August 1969, spanning the period of rapid American troop escalation in Vietnam.

"C-Day" conversions — the unannounced overnight switches between MPC series — were a deliberate tool. Personnel had hours to exchange old notes; anyone holding them illegally was simply left with worthless paper.

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