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10 Dollars Military Payment Certificate
| Issuer | United States Army |
|---|---|
| Year | 1948-1951 |
| Type | Vouchers |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Brown intaglio print on plain paper. The Great Seal of the United States is set within an ornate scalloped frame at lower center, surrounded by a rectangular border of fine guilloche work. The restrictive usage clause is printed in block lettering above the vignette. |
| Reverse lettering | MILITARY PAYMENT CERTIFICATE FOR USE ONLY IN UNITED STATES MILITARY ESTABLISHMENTS BY UNITED STATES AUTHORIZED PERSONNEL IN ACCORDANCE WITH APPLICABLE RULES AND REGULATIONS. |
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| Comments |
Military Payment Certificates were introduced in 1946 to limit the black market damage caused by American servicemen converting dollars into local currencies and back again. Series 472, the third MPC series issued, circulated in Japan, Korea, and several other occupation zones during a period that overlapped with the outbreak of the Korean War in June 1950. The timing matters: troop surges dramatically increased MPC circulation volumes, and the Army periodically conducted unannounced "conversion days" — C-Days — where old certificates were exchanged for a new series within hours, stranding anyone holding MPCs illegally.
Tudor Press, a Boston-based commercial printer, produced multiple MPC series despite having no background in security printing. The contracts raised eyebrows at the time, and the quality control issues that emerged across the MPC program generally are well documented in Army finance records.