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25 Cents Military Payment Certificate

Issuer United States Military Payment Certificate
Year 1969
Type Vouchers
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Reverse description Central vignette of an astronaut in full spacesuit performing an extravehicular spacewalk, printed in deep red and dark blue on a rose-red guilloche underprint. Denomination numerals '25' occupy all four corners within guilloche panels, flanked by 'CENTS' at left and right in bold letterpress. The mandatory usage legend appears at the foot of the note.
Reverse lettering MILITARY PAYMENT CERTIFICATE
25 25
CENTS CENTS
25 25
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

Series 681 MPCs were issued in August 1969 and replaced in a surprise conversion on October 7, 1969 — just ten weeks later, one of the shortest circulation windows of any MPC series. The rapid changeover was standard procedure: unannounced "C-Day" conversions were designed to trap black market operators and Vietnamese nationals who had accumulated dollars illegally, rendering their holdings worthless overnight with no warning.

The abbreviated circulation window is exactly why Series 681 notes survive in relatively high grades. Soldiers had little time to wear them out.

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