What is a military payment certificate?

Military payment certificate (MPC) was first produced in 1946 in response to financial problems caused by the introduction of a large amount of US currency into foreign economies. In principle, this program consisted of a specially printed paper currency, which theoretically could only use military staff. However, the US underestimated the combined ingenuity of several soldiers and local entrepreneurs and the use of MPC in the underground economy has never been successfully removed. In the next 27 years, the program would be used with varying degrees of success in most foreign military operations. It is irony that excessive inflation of the nominal value of the currency that once suffered from the army continued, albeit in a much more acceptable place. Today there is a prosperous collector's market for these pieces. For example, MPC printed with a nominal value of 25Cents in 1948 can be sold for up to $ 550 USD (USD).

the sameLike most collector currencies, the value of any military payment certificate is largely dependent on print information. The primary identification of any MPC is a three -digit number that can be found on the front of the currency and is the predecessor of the Word series. The first two digits of the series correspond to the last two digits of the year in which it was printed. The final digit represents the number of series printed in a certain year. As such, the MPC with the number of 472 series belonged to the second series of certificates printed in 1947.

In general, the value of a military payment certificate containing incorrect printing is exponentially increased. Due to printing processes, these errors generally occurred in certificates that held a common position on the front of the currency. Jakonestřehné sheets contained 100 accounts, each position on the sheet was assigned a number between 1 and 99 and each certificate in this position in the printing of 8,000 sheets was marked with this code. These position numbers generally appeared independently jako one or two -seater grouping on the front of the MPC.

The condition of the military payment certificate also has a huge impact on its sales value. The quality of mint or almost coin is generally defined as maintaining the same appearance as the press day. Due to the life conditions of the average deployed soldier and the age of MPC, the accounts in this state are rare and valuable. Certificates are more common in a good or fair condition.