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10 Cents Military Payment Certificate

Uitgever United States Department of Defense
Jaar 1954-1958
Type Log in om details te zien
Waarde 10 Cents (0.10)
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Central vignette of a classical female bust in intaglio, set within an ornate cartouche against a teal guilloche underprint. Denomination numerals '10' appear in all four corners in magenta, with the serial number and 'TEN CENTS' to the right. 'SERIES 521' appears below the denomination panel.
Opschrift voorzijde MILITARY PAYMENT CERTIFICATE
TEN CENTS
SERIES 521
FOR USE ONLY IN UNITED STATES MILITARY ESTABLISHMENTS - BY UNITED STATES AUTHORIZED PERSONNEL IN ACCORDANCE WITH APPLICABLE RULES AND REGULATIONS
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

Military Payment Certificates were introduced in 1946 to curb black market currency trading in occupied territories — soldiers were paid in MPC rather than dollars, limiting the usefulness of U.S. currency to local populations operating outside sanctioned exchange channels. Series 521, which covers this note, was issued from May 1954 and replaced in a "conversion day" operation on May 27, 1958, when all outstanding MPC were simultaneously declared void and exchanged for the new series.

Conversion days were conducted without warning, deliberately, to catch black marketeers holding undeclared stocks. Anyone not in authorized possession had no recourse.

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