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5 Cent Military Payment Certificate

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Trickworm's Avatar
United States
100 Posts
 Posted 10/09/2012  6:36 pm Show Profile   Bookmark this topic Add Trickworm to your friends list Get a Link to this Message Number of Subscribers
Does this have any value? It is very neat and was given to me in a collection.

5-Cent-Military-Payment-Certificate

5-Cent-Military-Payment-Certificate
Valued Member
YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/09/2012  8:16 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
I think this might help. It is on there for $110 in lesser condition, so I think you have something.

http://www.coastcoin.com/Directions...MINATION=+5c
Edited by YoungNumismatist
10/09/2012 8:18 pm
Valued Member
Trickworm's Avatar
United States
100 Posts
 Posted 10/09/2012  9:28 pm  Show Profile   Bookmark this reply Add Trickworm to your friends list Get a Link to this Reply
Awesome!
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YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/09/2012  9:30 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
Looks like you got lucky.
Pillar of the Community
United States
742 Posts
 Posted 10/09/2012  10:21 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
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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amida17's Avatar
United States
4897 Posts
 Posted 10/09/2012  10:26 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply

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...
Bedrock of the Community
GR58's Avatar
United States
11951 Posts
 Posted 10/09/2012  10:32 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
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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amida17's Avatar
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4897 Posts
 Posted 10/09/2012  10:35 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
GR58 no suffix letter = replacement note. Just as lettow said!
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GR58's Avatar
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11951 Posts
 Posted 10/09/2012  10:37 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
amida17 ..thanks .. I see that now .. I was typing while you two posted
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YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/09/2012  10:38 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
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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amida17's Avatar
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4897 Posts
 Posted 10/09/2012  10:47 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
It's all good YN! We are all here to learn and share what bit we know...
Valued Member
United States
223 Posts
 Posted 10/09/2012  11:50 pm  Show Profile   Bookmark this reply Add COMET to your friends list Get a Link to this Reply
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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wquinn's Avatar
United States
2295 Posts
 Posted 10/10/2012  10:05 am  Show Profile   Bookmark this reply Add wquinn to your friends list Get a Link to this Reply


And it is still an interesting set of notes to collect.
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BuffaloBonehead's Avatar
United States
333 Posts
 Posted 10/11/2012  01:53 am  Show Profile   Bookmark this reply Add BuffaloBonehead to your friends list Get a Link to this Reply
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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United States
742 Posts
 Posted 10/11/2012  11:30 am  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
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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YoungNumismatist's Avatar
United States
360 Posts
 Posted 10/11/2012  12:10 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
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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