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5 Dollars Military Payment Certificate
| Issuer | United States Military Payment Certificate |
|---|---|
| Year | 1969-1970 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 136 x 67 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central oval intaglio vignette of a bald eagle in flight, wings spread, set against a clouded sky with foliage at its talons. The medallion is flanked by ornate scrollwork pilasters and large stylized numeral "5" panels rendered in olive-gold and purple guilloche. |
| Reverse lettering | FIVE DOLLARS MILITARY PAYMENT CERTIFICATE |
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| Comments |
Series 661, issued from 1969 to 1970, was the last MPC series distributed before the controversial "Operation Elk Hunt" conversion of May 1970 — one of the most logistically compressed currency replacements in U.S. military history. The entire series was invalidated and replaced by Series 681 within a single day, a deliberate tactic to cut black market operators out before they could exchange holdings. Soldiers had hours to convert; Vietnamese nationals holding MPCs illegally were left with worthless paper.
Series 661 notes are consequently scarcer in circulated grades than their issue numbers suggest — a significant portion never made it back through official channels.