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5 Cents Military Payment Certificate

Issuer United States Department of Defense
Year 1964
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Printer Bureau of Engraving and Printing
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Obverse lettering SERIES 611
MILITARY PAYMENT CERTIFICATE
5
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 large numeral "5" set within an elaborate acanthus scroll and sunburst guilloche medallion, printed in blue intaglio over a pink underprint. "FIVE" and "CENTS" flank the central motif in bold letterpress; a restrictive use clause runs along the lower border.
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Comments

Military Payment Certificates were issued exclusively to U.S. military personnel and authorized civilians overseas, replacing foreign currency access as a way to limit black market activity — particularly the conversion of dollars into local currencies at exploitative rates. Series 641, which includes this denomination, was introduced in January 1964 and remained in circulation until it was replaced by Series 661 in August 1965.

MPC changeovers were deliberately unannounced. On "C-Day," all existing certificates were rendered worthless within hours, trapping any black market holdings before they could be exchanged. Series 641 ran through Vietnam, Japan, Korea, and various European postings simultaneously.

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