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 Replies: 18 / Views: 3,208 |
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Pillar of the Community
United States
742 Posts |
It is actually only worth about $5.00. The one on the Coast to Coast ad in YoungNumismatists post is a replacement. Replacements on MPC are identified by the lack of a suffix letter in the serial number.
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Pillar of the Community
United States
4897 Posts |
Quote:
Replacements on MPC are identified by the lack of a suffix letter in the serial number.
A very important piece of info missing from YN's link. yourp scrip is worth $2-$4... |
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Bedrock of the Community
United States
11951 Posts |
I did look at the posted link, and see one is for sale for the $110
Dealer green sheet list this note with a value of $1.00 for VG and
$20.00 for Gem CU 65. It states this note was issued between
6/20/51 to 5/25/54.
I am not sure sure why coastcoins states this is rare, I am pretty
sure I have seen them before. Coast coins is calling theirs a
"replacement note" Maybe something like star notes. It could be
something like the "18" in the top left could put their note in
a different group .. I would need more research or a expert on
MPC's to figure out why coasts is at such a high price.
Edit: I am so slow at typing that Lettow and Amida beat me to the answer
Edited by GR58
10/09/2012 10:36 pm
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Pillar of the Community
United States
4897 Posts |
GR58 no suffix letter = replacement note. Just as lettow said!
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Bedrock of the Community
United States
11951 Posts |
amida17 ..thanks .. I see that now .. I was typing while you two posted
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Valued Member
United States
360 Posts |
Sorry everyone for the mistake. I am sort of just learning about currency because my main focus is coins. I just saw this one earlier and did not research before I posted. Extremely sorry.
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Pillar of the Community
United States
4897 Posts |
It's all good YN! We are all here to learn and share what bit we know...
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Valued Member
United States
223 Posts |
MPC - military payment certificates is a fun series to collect. There are lots of history behind it and if you do decide to get more into it there are lots of different designs to choose from. The replacement notes are not easy to find in good condition and when you do, they usually carry a pretty big premium. Anyway, nice note :)
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Pillar of the Community
United States
2295 Posts |
 And it is still an interesting set of notes to collect. |
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Valued Member
United States
333 Posts |
Is there any significance to the number on the upper left? Is that a plate position or something? I have one of the same series which is plate number 1.
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Pillar of the Community
United States
742 Posts |
The number on the upper left is a position number. MPC is lithographed which means no plates and no plate numbers. The position number identifies where the note was on its sheet. MPC fractionals were printed 84 to a sheet. This note would be the bottom right corner. Buffalo's position number 1 is the upper left corner of the sheet.
On their slabs PCGS identifies this number as a plate number but that is wrong.
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Valued Member
United States
360 Posts |
Maybe you can try to collect the whole sheet, from 1 to 84 with sequencing serial numbers. A little hard to attain at my level, but a good goal I would say.
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Pillar of the Community
United States
2295 Posts |
That would make an awesome collection, but I don't think it is possible for notes that old.
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Pillar of the Community
United States
742 Posts |
The serial number of MPC was similar to that of FRN. The numbers on the same sheet are not consecutive they are 8000 notes apart. Position 1 will have number 00000001 and position 2 on the same sheet is 0008001. Position 1 on the next sheet will be 00000002 and position 2 is 00080002. That way the numbers are sequential down through the stack of sheets for cutting and packaging. The higher numbers are printed first so the sheet with 00000001 is actually the last sheet printed of the first 8000 sheets.
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Valued Member
United States
360 Posts |
Well sequential as far as the sheet would go. If you know what I mean? I mean collecting the whole sheet basically.
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Posted 10/09/2012 10:21 pm
