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25 Cents

Issuer Headquarters of the Republic of Korea Forces in Vietnam
Year 1970
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Value 25 Cents (0.25)
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Obverse description Green letterpress print on cream paper. Central sunburst guilloche surrounds the ROK Forces military emblem within a circular vignette; a stylised crown appears at left. Denomination numeral "25" in ornate script at right, with serial prefix at lower left and issuing authority inscription at foot centre.
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Reverse description Uniform green letterpress print on cream paper, identical in layout to the obverse. Central sunburst guilloche frames the ROK Forces military emblem; crown vignette at left, large ornate "25" numeral at right. Wavy-rule borders flank both sides, with serial prefix at lower left and authority inscription at foot centre.
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Comments

A relic of a parallel economy that most military histories overlook. The Republic of Korea deployed substantial combat forces to South Vietnam under the FREEWORLD MILITARY ASSISTANCE program, and rather than allow Korean troops to transact in U.S. Military Payment Certificates or Vietnamese đồng — both of which created black market exposure — Korean headquarters issued its own scrip for internal use. This note circulated exclusively within Korean military installations.

The 1970 series is the better-documented of the issues, though surviving examples remain genuinely scarce. Korean military scrip never entered broader academic cataloging the way MPC did, and many notes were destroyed at the end of tours.

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