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    Military Payment Certificates

    The August 2016 ANA Auction, U.S. Currency

    Highlight: Stack’s Bowers Galleries • The August 2016 ANA Auction 11327 Lot of (13) Series 481 Military Payment Certificatesd Very Fine to PMG Choice Extremely Fine 45. (3) 25c notes are seen from PMG Choice Very Fine 35 EPQ to PMG Choice About Uncirculated 58 EPQ. There is (1) 50c note in PMG Choice Uncirculated 64 EPQ. We see (1) $1 in PMG About Uncirculated 50 EPQ and lastly (1) $10 in PMG Very Fine 25. Est. $200-$300 11328 Lot of (6) Series 521 Military Payment Certificates. Various Denominations. PCGS and PMG Graded. A grouping of (6) Series 521 MPCs with (2) 5c notes, (1) 25

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    BOOK REVIEW: A CONCISE CATALOG OF U.S. MILITARY PAYMENT CERTIFICATES

    05/27/2012

    Highlight: MILITARY PAYMENT CERTIFICATES http://www.coinbooks.org/esylum_v15n22a05.html David Klinger submitted this review of A Concise Catalog of U.S. Military Payment Certificates by Carlson Chambliss. Thanks! -Editor I just received my copy of A Concise Catalog of U.S. Military Payment Certificates by Carlson Chambliss. I like the book, partly because it is the first MPC reference book I know of with color illustrations. The title page says SPECKLES PRESS - which I wondered about. Carlson explains in his introduction: "This is a self-published book. Who then was the Speckles of the Speckles Press? He was my pet king snake whom I had for 20 years from 1973-93." Did I mention that Carlson, a retired astronomy professor, is somewhat of an eccentric? That's a trait that I admire in a person, and

    David Klinger submitted this review of A Concise Catalog of U.S. Military Payment Certificates by C

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    The August 2015 ANA Auction, U.S. Currency

    Highlight: $400-$600 41046 Lot of (4) Series 661 Military Payment Certificates. $5 & $20. Very Fine to Gem Uncirculated. Three Series 661 $5 notes in Choice to Gem Uncirculated are found, including a consecutive pair. Also, a Series 661 $20 is seen in Very Fine condition. Est. $150-$250 41050 Series 692. Military Payment Certificate. $10. PMG Gem Uncirculated 66 EPQ. First printing. One of a nice grouping of high grade Military Payment Certificates we are offering with this “Chief,” design type showing with excellent quality in all aspects. Est. $600-$800 41051 Series 692. Military Payment Certificate. $20. PMG About Uncirculated 55 EPQ. First printing. An always popular highest denomination for the series note which shows with a detailed vignette of Ute Chief Ouray. Just a touch of circulation is

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    BOOK REVIEW: A CONCISE CATALOG OF U.S. MILITARY PAYMENT CERTIFICATES

    05/27/2012

    Highlight: MILITARY PAYMENT CERTIFICATES http://www.coinbooks.org/esylum_v15n22a05.html

    David Klinger submitted this review of A Concise Catalog of U.S. Military Payment Certificatesbook by Numismatic Bibliomania Society, on Flickr">Chambliss MPC book I just received my copy of A Concise Catalog of U.S. Military Payment Certificates by Carlson Chambliss.

    I like the book, partly because it is the first MPC reference book I know of with

    The August 2016 ANA Auction, U.S. Currency

    Highlight: to present this collection of Military Payment Certificateseries and denomination overprinted and more — much more! The collection features rare replacements in top condition, specimens and proofs that have never been recorded by collectors, new varieties, a few riddles, and even an answer (partial) to a long-standing mystery. We are presenting the collection in two parts. The first is a complete collection of Military Payment Certificates by series and denomination. It consists mostly of replacements and specimen certificates. It was housed in a large custom-made album titled Military Payment Certificates with “Department of the Army” o

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    United States Gold, Silver and Copper Coins and United States Paper Money

    Highlight: MILITARY PAYMENT CERTIFICATES Fine to Crisp Uncirculated. The 25c has a back ink stain, othj^rwise this lot is well centered with nice color and should be seen to be appreciated. 5 pieces. 606 Series 472. 5c (5). Choice Crisp Uncirculated. A nice original group that is well centered and has nice color. One note has a crayon and pencil notation on the top margin. 5 pieces. 607 A Beginners Group of Military Payment Certificates that include; Series 521. 5c, lOc; Series 541. lOc; Series 611. 5c, lOc; Series 641. 5c, lOc. All but the 100 from series 611 are Crisp Uncirculated; This lot also includes: Series 681. $5.00, $10.00 and $20.00. They grade Very Fine or better and are wholesome. 10 pieces. 608 A Potpourri of United States Military

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    The Numismatist, March 1988

    1/3/1988

    Highlight: LIBRARY Military Payment Certificates Fred Schwan has done it again. The newly revised version of his 1981 reference, Military Payment Certificates is hot off the presses, and it is well worth obtaining. What makes Schwan’s book worth- while is his fanatical devotion to detail that characterizes him as a numismatist and collector. He is well known as the world’s most knowledgeable person concerning military payment cenifi- cates (MFCs) and military numismatics in general, panicularly World War II syngraphics. Not only does he cover every issue of the rather limited reg- ular-issue A/IPC realm in great detail, but his research carries over to all sorts of collateral material. In fact, his treatment of this added information is perhaps the most interesting part of the book. Schwan describes

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    The August 2016 ANA Auction, U.S. Currency

    Highlight: The first note in a run of high grade examples from this final series of Military Payment Certificates. This Gem $1 note features the portrait of Washington Irving, a writer and diplomat in the early 19th Century well known as the author of “The Legend of Sleepy Hollow.” The note is very modern in appearance and is printed in vibrant green and orange inks. The design is very well centered on bright crisp paper. Est. $600-$800 1 1 342 Series 70 1 . $5 Military Payment Certificate. PCGS Superb Gem New 67 PPQ. American inventor and businessman Thomas Edison is portrayed on this $5 MPC along with a depiction of Benjamin Franklins lightning experiment. This example is superbly centered and boldly printed in purple and blue-green inks. Est. $800-$1200 11343 Series 701. $10 Military Payment

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    The November 2016 Baltimore Auction, U.S Currency

    Highlight: $5000-$7000 Military Payment Certificate 11206 Lot of (5) Series 591 Military Payment Certificates. Various Denominations. PCGS & PMG Graded. The following notes are found in this lot: (1) Series 591 10 Cents PCGS Gem New 65 PPQ, (2) Series 591 25 Cents PCGS Very Fine 25 & PMG About Uncirculated 50, (1) Series 591 $5 PMG Very Fine 30 and (1) Series 591 $10 PMG Choice Very Fine 35 Minor Rust. Est. $800-$1200 11207 Lot of (10) Military Payment Certificates. Series 641. PCGS and PMG Graded. A nice grouping of Series 641 MPC notes all graded by either PCGS or PMG and seen in denominations of 5 Cents to $10. Mostly circulated grades but we see a 10 Cent example in PCGS Superb Gem New 67 PPQ. Personal inspection of this lot is strongly recommended. No returns will be accepted on this lot for any

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    The TNA News, September-October 2008

    1/9/2008

    Highlight: “Military Payment Certificates.” Bob first became aware of Military Payment Certificates through the ANA. In 1996, the ANA printed “Fiftieth Anniversary of the Introduction of United States Military Payment Certificates” souvenir cards and sent them to Members as a bonus for dues renewal. In 2005, Bob won a scholarship to the ANA Summer Seminar and enrolled in a MPC mini-seminar taught by expert Fred Schwan. Students received several items, including a set of copies of the certificates. Bob really enjoyed the course and passed around many of his MPC-related items during his program. U.S. soldiers serving abroad were generally paid in the currency of the country that they were stationed in through World War II. They were permitted to convert the currency into U.S. dollars. As a result, the

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    TAMS Journal, Vol. 31, No. 4

    1/8/1991

    Highlight: “As the service men and women were paid in paper Military Payment Certificateshey could not use the tokens in any way and thus the tokens were of value to the military as an effective weapon to combat Black Market operations ” (emphasis mine). These seemingly logical observations are incorrect on several counts and are doubtless the result of having to rely on informants who were themselves secondary sources. The use of Military Payment Certificates didn’t cause the use of tokens, tokens weren’t limited to use in the issuing club or mess, numerous non-members including many Vietnamese had access to

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    POLITICAL SLOGANS STAMPED ON U.S. MILITARY PAYMENT CERTIFICATES

    POLITICAL SLOGANS STAMPED ON U.S. MILITARY PAYMENT CERTIFICATES

    01/27/2008

    Highlight: MILITARY PAYMENT CERTIFICATES http://www.coinbooks.org/esylum_v11n04a27.html The E-Sylum: Volume 11, Number 4, January 27, 2008, Article 27POLITICAL SLOGANS STAMPED ON U.S. MILITARY PAYMENT CERTIFICATES[The January 24nd, 2008 issue (No. 1587) of the MPC Gram, anemail newsletter for collectors of Military Payment Certificates,published a short article by Jim Downey on advertising slogansstamped on MPC notes. As recently as last week we discussedthese types of slogans on U.S. paper money, but this was thefirst I'd learned of such stamps on MPCs. Jim's article isreprinted here. -Editor]Using United States currency for advertising purposes is aviolation of federal anti-counterfeiting laws.Title 18, Section 475 of the United States Code makes itillegal to ". . . impress[es] upon or

    The E-Sylum: Volume 11, Number 4, January 27, 2008, Article 27POLITICAL SLOGANS STAMPED ON U.S. MILI

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    NEW BOOK: A CONCISE CATALOG OF U. S. MILITARY PAYMENT CERTIFICATES

    NEW BOOK: A CONCISE CATALOG OF U. S. MILITARY PAYMENT CERTIFICATES

    05/20/2012

    Highlight: MILITARY PAYMENT CERTIFICATES http://www.coinbooks.org/esylum_v15n21a06.html At my request author Carlson Chambliss forwarded this note about his new book on U.S. Military Payment Certificates. He was unable to furnish an image of the book's cover - can anyone help? -Editor Carlson R. Chambliss has just written a published a new book on MPCs entitled "A Concise Catalog of U. S. Military Payment Certificates." The book is published under the imprint of the Speckles Press and was printed by Sheridan Books of Ann Arbor, Michigan. The book is large format and 152 pages long. It is in full color, and this is the first MPC book to be in this format. It lists and prices all 15 series of MPCs both in normal and replacement form. A new replacement census that lists about 3500 notes is given,

    At my request author Carlson Chambliss forwarded this note about his new book on U.S. Military Paym

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    MILITARY PAYMENT CERTIFICATE DESIGNER LEONARD BUCKLEY

    02/17/2013

    Highlight: a designer of military payment certificates. Buckley will speak at the upcoming MPCFest in Port Clinton, OH. -Editor Leonard Buckley, designer of military payment certificates (MPC) and fine artist will make the key note presentation at MPCFest on March 16 in Port Clinton, Ohio. He is best known among MPC collectors as the designer of MPC Series 692 which is also widely recognized as the most beautiful series of MPC. Because of the extraordinary designs Series 692 is also of interest to many collectors who are not MPC specialists. Len's artistic career as a designer was focused on literally making money. Out of high school, he began a seven year apprenticeship in New York, training in the art of steel die and intaglio plate making used to print world-wide currencies, postage stamps and

    Fred Schwan published a press release this week about artist Leonard Buckley, a designer of militar

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    Report of the Secretary of the Treasury on the State of the Finances (1946)

    1/1/1946

    Highlight: and introduced military payment certificates for pay and allowances of authorized personnel in certain areas. The military payment certificates are not legal tender in the local economy but are for use only by authorized personnel for expenditures in military channels and exchanges among themselves. The military payment certificates may be converted into dollar instruments by disbursing officers for personnel authorized to be in possession, of them. Special deposit accounts jor foreign currencies. — The armed forces of the United States and its Allies have required special military and supplemental currencies for use in liberated and occupied territories. The Treasury Department has printed certain stocks of such cur- Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank

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    The TNA News, September-October 2008

    1/9/2008

    Highlight: “Military Payment Certificates.” Bob first became aware of Military Payment Certificates through the ANA. In 1996, the ANA printed “Fiftieth Anniversary of the Introduction of United States Military Payment Certificates” souvenir cards and sent them to Members as a bonus for dues renewal. In 2005, Bob won a scholarship to the ANA Summer Seminar and enrolled in a MPC mini-seminar taught by expert Fred Schwan. Students received several items, including a set of copies of the certificates. Bob really enjoyed the course and passed around many of his MPC-related items during his program. U.S. soldiers serving abroad were generally paid in the currency of the country that they were stationed in through World War II. They were permitted to convert the currency into U.S. dollars. As a result, the

    Read more

    TAMS Journal, Vol. 31, No. 4

    1/8/1991

    Highlight: “As the service men and women were paid in paper Military Payment Certificateshey could not use the tokens in any way and thus the tokens were of value to the military as an effective weapon to combat Black Market operations ” (emphasis mine). These seemingly logical observations are incorrect on several counts and are doubtless the result of having to rely on informants who were themselves secondary sources. The use of Military Payment Certificates didn’t cause the use of tokens, tokens weren’t limited to use in the issuing club or mess, numerous non-members including many Vietnamese had access to

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    Public Auction 10

    Highlight: Author of Military Payment Certificates in 1984 ’’.-American Numismatic Biographies. 941 Comprehensive Catalog of Military Payment Certificates. 1997. 256 pp. Few Color plates & photo illustrated. As new, hard cover color pictorial printed board. “A comprehensive listing of all known military payment certificates with an exhaustive research into the development of each certificate series; valuations & serial numbers are also listed. Excellent history art the foreword”. (40.00) 8 3/4” x 1 1 1/4” 942 The Paper Money of the E.A. Wright Bank Note Company. 1978. 32 pp. Photo illustrated. Very good, black die cut card cover creased at bottom comer. Inscribed to a contributor.! 20.00) 8 1/4” x 10 3/4”, Clain-Stefanelli #13687 SCOTT, MICHAEL N. A partado 50150, Madrid 943 Guidebook of Spanish Coin

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    The August 2016 ANA Auction, U.S. Currency

    Highlight: 2016 6:00 PM PT Series 471 Composite Impressions Booklet COMPOSITE IfcflPRESSIONS OF MILITARY PAYMENT CERTIFICATES 10231 Series 471. Military Payment Certificates. Composite Impressions of Military Payment Certificates Booklet. Uncirculated. This book will take the breath away from even the most hardened MPC collector. It is made of sheets of four replacements of the respective denomination. Each of the 28 pieces in the book is a rarity in its own right. The high values (especially the $5) would be great rarities as regular issues and as replacements they are off the scale. Even the production of this book was superior to the Series 461 book above. It was bound with protective pages front and back. Most importantly, every denomination was taken from the left edge of a full sheet so that al

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    The August 2016 ANA Auction, U.S. Currency

    Highlight: $400-$600 11321 Lot of (6) Military Payment Certificatesin the lot. PERSONAL INSPECTION OF THIS LOT IS STRONGLY RECOMMENDED. THERE WILL BE NO RETURNS ON THIS LOT FOR ANY REASON. Est. $75-$125 11323 Series 471. $10 Military Payment Certificate. PCGS About New 53 PPQ. A well centered and boldly colored Ten that experienced only the lightest circulation during its time in service. Est. $300-$500 11324 Lot of (3) Military Payment Certificates. Series 471. 50c, 50c & $10. PCGS and PMG Graded. There are two 50 Cent notes in PMG Choice Extremely Fine 45 and PCGS Very Choice New 64 PPQ

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    POLITICAL SLOGANS STAMPED ON U.S. MILITARY PAYMENT CERTIFICATES

    POLITICAL SLOGANS STAMPED ON U.S. MILITARY PAYMENT CERTIFICATES

    01/27/2008

    Highlight: MILITARY PAYMENT CERTIFICATES http://www.coinbooks.org/esylum_v11n04a27.html

    The E-Sylum: Volume 11, Number 4, January 27, 2008, Article 27

    POLITICAL SLOGANS STAMPED ON U.S. MILITARY PAYMENT CERTIFICATES

    [The January 24nd, 2008 issue (No. 1587) of the MPC Gram, an
    email newsletter for collectors of Military Payment Certificates,
    published a short article by Jim Downey on advertising slogans
    stamped on MPC notes. As recently as last week we discussed
    these types of slogans on U.S. paper money, but this was the
    first I'd learned of such stamps on MPCs. Jim's article is
    reprinted here. -Editor]

    Using United States currency for advertising purposes is a
    violation of federal anti-counterfeiting laws.

    Title 18, Section 475 of the United States

    The E-Sylum: Volume 11, Number 4, January 27, 2008, Article 27

    POLITICAL SLOGANS STAMPED O

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    Paper Money (September/October 2002)

    1/9/2002

    Highlight: ng the Finest U.S Currency Uncut Sheets Nationals - Large and Small Type Notes Fancy Serial Numbers Error Notes Auction Representation Consignments Accepted Actively Buying Collections Want Lists Serviced See us at all the major shows Members PCDA, FUN, ANA, ANS P.O. Box 4543 Greensboro, NC 27404 Telephone: (336) 299-7061 E-mail: Miagolcl@aol.com WORLD BANK NOTES BUYING AND SELLING MILITARY PAYMENT CERTIFICATES ALLIED MILITARY CURRENCY ESSIE KASHANI PO BOX 222, CHINO HILLS, CA91709 e-mail: kashani10@aol.com Phone: (909) 627-2776 Fax: (909) 627-3996 ANA SPMC IBNS Fairest Prices Offered MILITARY PAYMENT CERTIFICATES594-1 987 IBNS 8238 FAX 585-594-231 1 SPMC 1 0297 Comprehensive Catalog of Military Payment Certificates 4th ed. Fred Schwan $54.95

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    Kagin's 1983 A.N.A. Auction

    Highlight: K A G I N ' S - MILITARY PAYMENT 'CERTIFICATES MILITARY PAYMENT CERTIFICATES The Famous Raymond S. Toy Collection of Military Payment Certificates Raymond S. Toy has played a dominant role over the past three decades in developing MPC as an independent specialty. The roots of the hobby lie in the small book World War II Military Currency by A. J. Swails published in 1 961 . Raymond Toy took over this work in 1964 and ably published four editions. In conjunction with Robert Meyer, he also wrote World War II Axis Military Currency. In addition Mr. Toy published a number of specialized articles and the significance of his early research cannot be understated. We, at Kagin's, are proud he selected our firm to auction this important collection. A complete set is represented minus only the

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    Kagin's 1986 A.N.A. Auction

    Highlight: (Total: 9 notes) MILITARY PAYMENT CERTIFICATES 3731 54-$20, Military Payment Certificates. Series 692. Complete set of eight notes from 54 to $20. Very scarce set. Gem Unc. (Total: 8 notes) 3732 54-$20, Military Payment Certificates. Series 681. Complete set of eight notes from 54 to $20. Gem Unc. (Total: 8 notes) End of Session III 173

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    JAPANESE INVASION MONEY TALK AT MPCFEST 17

    02/21/2016

    Highlight: a gathering of collectors of Military Payment Certificates and related numismatic items. Thanks. -Editor

    Greg Hale portrait Gregory Hale is an Australian collector, author and researcher of military numismatics from World War II in the South West Pacific. He will be the keynote speaker at MPCFest 17. The theme for this year's Fest is the South West Pacific Area. Presentations at MPCFest are called staff briefings.

    Fred Schwan forwarded this information about the keynote speaker at the upcomi

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    	NEW BOOK: A CONCISE CATALOG OF U. S. MILITARY PAYMENT CERTIFICATES

    NEW BOOK: A CONCISE CATALOG OF U. S. MILITARY PAYMENT CERTIFICATES

    05/20/2012

    Highlight: MILITARY PAYMENT CERTIFICATES http://www.coinbooks.org/esylum_v15n21a06.html

    At my request author Carlson Chambliss forwarded this note about his new book on U.S. Military Payment Certificates. He was unable to furnish an image of the book's cover - can anyone help? -Editor

    Carlson R. Chambliss has just written a published a new book on MPCs entitled "A Concise Catalog of U. S. Military Payment Certificates." The book is published under the imprint of the Speckles Press and was printed by Sheridan Books of Ann Arbor, Michigan. The book is large format and 152 pages long. It is in full color, and this is the first MPC book to be in this format.

    It lists an

    MILITARY PAYMENT CERTIFICATE DESIGNER LEONARD BUCKLEY

    02/17/2013

    Highlight: a designer of military payment certificates the upcoming MPCFest in Port Clinton, OH. -Editor

    MPC692$10(c)

    Leonard Buckley, designer of military payment certificates (MPC) and fine artist will make the key note presentation at MPCFest on March 16 in Port Clinton, Ohio.

    He is best known among MPC collectors as the designer of MPC Series 692 which is also widely recognized as the most beautiful series of MPC. Because of the extraordinary designs Series 692 is also of interest to many collectors who

    The Centinel, vol. 30, no. 1

    1/3/1982

    Highlight: Military Payment Certificates By Fred Schwan Published by BNR Press, 132 East Second St., Port Clinton, Ohio 43452 Fred Schwan’s new book on military payment certificates is very obviously the result of long, detailed research on the subject. Issued from September of 1946 through the Viet Nam conflict, these notes were designed to thwart black market currency speculation by our troops stationed overseas and as such are the numismatic evidence of Amer- ica’s status as a world military power. There are sections detailing the eco- nomic background which necessitated the issuance of MPC, as well as infor- mation on the evolution of the designs, and materials dealing with related paper ephemera. In addition to updated values, the book also details the known population of replacement notes by

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    Winning Ways: Official Publication of Women in Numismatics, vol. 15, no. 1

    1/1/2006

    Highlight: The MPC’s (Military Payment Certificates) were issued in dollar (and multiples) denominations. If black market maneuvers again occurred, the current series of notes would be closed and replacements created, as well as the issuance of new series, replace- ments, etc. “Military Payment Certificates”, authored by Fred Schwan, serviced as a companion to the Boling-Schwan book. The introductory class was quite structured, whereas the advanced session was more relaxed. We reviewed counter- feits (yes, MPC’s are vulnerable), selections of badges and medals, and other exonumia. The daily operations of the courses were conducted according to military guidelines. On the first day, we reported to our ‘paymaster’ to obtain our travel pay. We presented our ‘pay books’ (obtained at the introductory clas

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    Calcoin News, vol. 52, no. 4

    1/9/1998

    Highlight: Kevin V Maloy took home first-place for “United States Military Payment Certificates” and his wife Donna took a second-place award for “The Literature of Military Payment Certificates”. Phil Iversen received two second-place awards for his exhibits on “Huntington Hotel Depression Script” and “Solomon’s Dance Hall E.xonumia”. Lee Gong won a second-place award for “Bicentennial Error Coins and Currencies” and Chuck White took second-place for “Odd and Curious Moiiey of Siam”. The Numismatic Literary^ Guild honored CSNA member Scott Travers for Book of the Yoar-The Official Guide to Coin Grading and Counterfeit Detection. Scott was also honored in the Audio-Visual classification for The Coin Collector's Sur\>ival Manual, CD-ROM Edition. Helen Carmody was presented with the “Best Issue Award”

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    Calcoin News, vol. 20, no. 1

    1/1/1966

    Highlight: Paper Money.” “Hall Of Fame Medals.” “Foreign Paper Money.” “Military Payment Certificates.” “Emergency Notes” — Second Class Award-. MOULTON, Paul G. Jr., Imperial Beach. “Foreign Coins.” MYERS, Earle, Tampa, Florida. “U. S. Currency.” “Civil War Tokens.” NEMEZ, Laura, Inglewood. “Romance Of Gold.” “Omnibus Americana.” NESTLE, Jack B., Hollywood. “The Scottish Presbyterian Dated Communion Tokens, 17th, I8th and 19th Centuries” — Non-competitive. “Gun Money of Ireland.” NEY, Pauline, Santa Monica. “Nobel Prize Medals Of Dr. Linus Pauling” — Non-competitive. NISSEN, Charles, Carlsbad. “History of U. S. Silver and Copper Coins.” PANOSH, Anna Merle, San Diego. “Orders and Decorations.” RAMEZ, Jose Rocha, Tijuana, Mexico. “Coinage of Mexico’s Celebrities.” READ, Clay, Sun Valley. “U. S. Type

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    Numismatics International Bulletin, Vol. 10, No.7

    1/7/1976

    Highlight: Sugawara notes are particularly abundant as ¥ 5 Military Payment Certificates. Therefore, the note of 1930 is here depicted in that form (b) . For readers who might be interested in the background of these Military War notes, here is a brief summary. With the advance of Japanese military in China, and the ever expanding territories conquered, vast funds were required to keep the Japanese war machin- ery operating. In the occupied Chinese territories, both the Japanese yen and the Chinese yuan initially circulated at par. By early 1938, the Chinese Nationalist currency had depreciated con- siderably. Large quantities of that inferior money were exchanged, still at par, into Japanese yen which were promptly shipped back to Japan, thereby threatening its domestic and world position. To

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    Numismatics International Bulletin, Vol. 22, No.1

    1/1/1988

    Highlight: Ni touche MILITARY PAYMENT CERTIFICATES (Revised Edition). Fred Schwan. May be purchased from dealers around the country or by writing the publisher: BNR Press, Drawer 409, Leavenworth, Kansas 66027-0409, $20 softbound, $30.00 hardcover. Fred Schwan has done it again. The newly revised version of his 1981 book. Military Payment Certificates, is hot off the presses and it is well -worth obtaining. What makes this book worthwhile is the fanatical devotion to detail which character]’ zes Fred as a numismatist and collector. Fred is well- known as the most knowledgeable person in the world on military pay- ment certificates (MPC) and perhaps in military numismatics, in general, and second world war syngraphics, in particular. Not only does he cover every issue of the rather limited regular

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    Numismatics International Bulletin, Vol. 16, No.5

    1/5/1982

    Highlight: MILITARY PAYMENT CERTIFICATESculous research and compiling of exhaustive details about this fascinating series of American military money substitutes. The book is a direct result of the author's long running newspaper series, "Military Vignettes" which appeared in the Bank Note Reporter, and consolidates the details re- searched for that interesting column. The growth of interest in collecting of Military Payment Certificates (MPC) is reflected in the phenomenal rise in value of those notes, and their rather exclusive fraternit

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    TAMS Journal, Vol. 31, No. 4

    1/8/1991

    Highlight: clubs redeemed tokens for Military Payment Certificates, and when a player found himself with tokens in hand at closing time he was stuck with them until the club opened again. If he had to move to another location before he could return to that club, you may be certain that most of his tokens wound up in some other club’s machines. In fact tokens circulated from club to club to such an extent that many clubs eventually posted signs declaring they would not pay jackpots attained with tokens other than their own. The travel of some tokens extended far beyond Vietnam. In 1969 I found Vietnam club tokens in the take of slot machines in the Camp Page Officers Club, a facility of the 4th Missile Command then located in Chunchon, Korea. In that same year I collected from a club steward several

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    NEW BOOKS: KRAUSE PUBLICATIONS' U.S. PAPER MONEY GUIDES

    10/11/2009

    Highlight: to fractional currency and military payment certificates. With listings of paper money dating back to 1812 through recent issues and current market value in up to four condition grades, this book's organization, larger-size listings and design make it easy to use and comprehensive in scope. Also making a spectacular return is Standard Guide to Small-Size U.S. Paper Money back, now with full-color photographs as well. The color photos make it easier to identify the differences between similar notes, and even notes of the same series. For example, the difference between a dark forest green, light yellow green and dark blue green United States Treasury Seal is an important detail for properly identifying the note and determining value, and with this book these intricate difference are more

    Publisher Scott Tappa forwarded the following press release about two new editions of Krause Public

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    The Centinel, vol. 30, no. 1

    1/3/1982

    Highlight: Military Payment Certificates By Fred Schwan Published by BNR Press, 132 East Second St., Port Clinton, Ohio 43452 Fred Schwan’s new book on military payment certificates is very obviously the result of long, detailed research on the subject. Issued from September of 1946 through the Viet Nam conflict, these notes were designed to thwart black market currency speculation by our troops stationed overseas and as such are the numismatic evidence of Amer- ica’s status as a world military power. There are sections detailing the eco- nomic background which necessitated the issuance of MPC, as well as infor- mation on the evolution of the designs, and materials dealing with related paper ephemera. In addition to updated values, the book also details the known population of replacement notes by

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    The Centinel, vol. 42, no. 1

    1/3/1994

    Highlight: “There were many changes in military payment certificatesth edition in grade fine. In grade extra fine, it jumped from $550 to $1,150, and in grade crisp uncirculated it jumped from $1,800 to $3,000. Among Federal Reserve Bank notes, the Series 1918 $2, with various signatures, went from $325 in crisp uncirculated to $400. Values for the same notes in grades fine and extra fine are up 10 percent. Changes among military payment certificates are evidenced by the Series 541 10-cent

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    Winning Ways: Official Publication of Women in Numismatics, vol. 15, no. 1

    1/1/2006

    Highlight: The MPC’s (Military Payment Certificates) were issued in dollar (and multiples) denominations. If black market maneuvers again occurred, the current series of notes would be closed and replacements created, as well as the issuance of new series, replace- ments, etc. “Military Payment Certificates”, authored by Fred Schwan, serviced as a companion to the Boling-Schwan book. The introductory class was quite structured, whereas the advanced session was more relaxed. We reviewed counter- feits (yes, MPC’s are vulnerable), selections of badges and medals, and other exonumia. The daily operations of the courses were conducted according to military guidelines. On the first day, we reported to our ‘paymaster’ to obtain our travel pay. We presented our ‘pay books’ (obtained at the introductory clas

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    Calcoin News, vol. 20, no. 1

    1/1/1966

    Highlight: Paper Money.” “Hall Of Fame Medals.” “Foreign Paper Money.” “Military Payment Certificates.” “Emergency Notes” — Second Class Award-. MOULTON, Paul G. Jr., Imperial Beach. “Foreign Coins.” MYERS, Earle, Tampa, Florida. “U. S. Currency.” “Civil War Tokens.” NEMEZ, Laura, Inglewood. “Romance Of Gold.” “Omnibus Americana.” NESTLE, Jack B., Hollywood. “The Scottish Presbyterian Dated Communion Tokens, 17th, I8th and 19th Centuries” — Non-competitive. “Gun Money of Ireland.” NEY, Pauline, Santa Monica. “Nobel Prize Medals Of Dr. Linus Pauling” — Non-competitive. NISSEN, Charles, Carlsbad. “History of U. S. Silver and Copper Coins.” PANOSH, Anna Merle, San Diego. “Orders and Decorations.” RAMEZ, Jose Rocha, Tijuana, Mexico. “Coinage of Mexico’s Celebrities.” READ, Clay, Sun Valley. “U. S. Type

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    Calcoin News, vol. 52, no. 4

    1/9/1998

    Highlight: Kevin V Maloy took home first-place for “United States Military Payment Certificates” and his wife Donna took a second-place award for “The Literature of Military Payment Certificates”. Phil Iversen received two second-place awards for his exhibits on “Huntington Hotel Depression Script” and “Solomon’s Dance Hall E.xonumia”. Lee Gong won a second-place award for “Bicentennial Error Coins and Currencies” and Chuck White took second-place for “Odd and Curious Moiiey of Siam”. The Numismatic Literary^ Guild honored CSNA member Scott Travers for Book of the Yoar-The Official Guide to Coin Grading and Counterfeit Detection. Scott was also honored in the Audio-Visual classification for The Coin Collector's Sur\>ival Manual, CD-ROM Edition. Helen Carmody was presented with the “Best Issue Award”

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    The Clarion, vol. 18, no. 2

    1/9/2001

    Highlight: Military Payment Certificates by William E. There has been a noticeable increase in the number of collectors of mili- tary payment certificates - or MFC - oyer the past few years. Perhaps this increase is due in part to the artistry and beauty of the notes, the relatiye scarcity of some MFC, or their historical significance. Another breed of collectors are those who once used MFC during their years of military seryice, and now collect for reasons of nostalgia. Books such as the Comprehensive Catalog of Military Payment Certifi- cates by Fred Schwan haye certainly helped broaden the base of col- lectors by proyiding a wealth of information. MFC was a medium of payment for U.S. soldiers and U.S. ciyilians working for the goyernment and firms in foreign countries. MFC was first introduced in

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    Numismatics International Bulletin, Vol. 10, No.7

    1/7/1976

    Highlight: Sugawara notes are particularly abundant as ¥ 5 Military Payment Certificates. Therefore, the note of 1930 is here depicted in that form (b) . For readers who might be interested in the background of these Military War notes, here is a brief summary. With the advance of Japanese military in China, and the ever expanding territories conquered, vast funds were required to keep the Japanese war machin- ery operating. In the occupied Chinese territories, both the Japanese yen and the Chinese yuan initially circulated at par. By early 1938, the Chinese Nationalist currency had depreciated con- siderably. Large quantities of that inferior money were exchanged, still at par, into Japanese yen which were promptly shipped back to Japan, thereby threatening its domestic and world position. To

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    Numismatics International Bulletin, Vol. 22, No.1

    1/1/1988

    Highlight: Ni touche MILITARY PAYMENT CERTIFICATES (Revised Edition). Fred Schwan. May be purchased from dealers around the country or by writing the publisher: BNR Press, Drawer 409, Leavenworth, Kansas 66027-0409, $20 softbound, $30.00 hardcover. Fred Schwan has done it again. The newly revised version of his 1981 book. Military Payment Certificates, is hot off the presses and it is well -worth obtaining. What makes this book worthwhile is the fanatical devotion to detail which character]’ zes Fred as a numismatist and collector. Fred is well- known as the most knowledgeable person in the world on military pay- ment certificates (MPC) and perhaps in military numismatics, in general, and second world war syngraphics, in particular. Not only does he cover every issue of the rather limited regular

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    Numismatics International Bulletin, Vol. 16, No.5

    1/5/1982

    Highlight: MILITARY PAYMENT CERTIFICATESculous research and compiling of exhaustive details about this fascinating series of American military money substitutes. The book is a direct result of the author's long running newspaper series, "Military Vignettes" which appeared in the Bank Note Reporter, and consolidates the details re- searched for that interesting column. The growth of interest in collecting of Military Payment Certificates (MPC) is reflected in the phenomenal rise in value of those notes, and their rather exclusive fraternit

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    TAMS Journal, Vol. 31, No. 4

    1/8/1991

    Highlight: clubs redeemed tokens for Military Payment Certificates, and when a player found himself with tokens in hand at closing time he was stuck with them until the club opened again. If he had to move to another location before he could return to that club, you may be certain that most of his tokens wound up in some other club’s machines. In fact tokens circulated from club to club to such an extent that many clubs eventually posted signs declaring they would not pay jackpots attained with tokens other than their own. The travel of some tokens extended far beyond Vietnam. In 1969 I found Vietnam club tokens in the take of slot machines in the Camp Page Officers Club, a facility of the 4th Missile Command then located in Chunchon, Korea. In that same year I collected from a club steward several

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    The Numismatist, July 1988

    1/7/1988

    Highlight: PNG 213 NEW Military Payment Certificates Enter the fascinating world of MPCs with our new book. Military Payment Certificates (Second, 1988 edition), at only $ 20 . Hardbound, $30; deluxe colleaor’s edition, $65. We also have the world’s most complete list of MPC’s (and other military notes and books) for a SASE. FRED SCHWAN, ana LM 1584 Drawer 409 Leavenwonh, KS 66048-0409 MACUQUINA present Silver COBS from their LYME BAY WRECK Pieces of 8, 4, 2, & 1 . Potosi Mint, pre-1652 to 1681 All grades available but good quality dated eights from £80.00 inclusive p/p. S EJ. Williams MACUQUINA TH Treloar 0305 771062 P O Box 464 0305 778265 Weymouth, Dorsa DT4 8FG. ENGLAND Telex: 265871 MONREF G Quoting 72 .ViAG32066 SUPPLIES JULY OFFERINGS Bausch & Lomb Magnifiers 7x Hastings triplet $31 lOx

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    The Numismatist, June 1988

    1/6/1988

    Highlight: ENGLAND Telex: 265871 MONREF G Quoting 72 :MAG32066 1 NEW Military Payment Certificates Enter the fascinating world of MPCs with our new book. Military Payment Certificates (Second, 1988 edition), at only $20. Hardbound, $30; deluxe colleaor’s edition, $65. We also have the world’s most complete list of MPC’s (and other military notes and books) for a SASE. FRED SCHWAN, analmi584 Drawer 409 Leavenwonh, KS 66048-0409 SILVER PROOF SETS AFGHANISTAN: 1978, (Leopard, Y106A, 250A & Crane Y107A) (2) $341 ALBANIA: 1970(Y96. 5L ; Y97. 10 L & Yl 59, 25L.) (Only 500) (3) $175 ARGENTINA: 1978, World Cup (Y47A, 1,000 P, Y49A, 2,000 P, Y49A. 3,000) (3) $ 75 BULGARIA: 1960-1973, 2-2 leva (Y60 & Y64) & 6-5 Leva (Y61, Y5, Y73. Y74, Y76 and Y77). (8) $110 CHILI: 1968, Pran (Y7) & Navy (Y8) . (2) $1 15 CHINA

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    The Numismatist, January 1989

    1/1/1989

    Highlight: CA 94960 NEW Military Payment Certificates Enter the fascinating world of MPC^s with our new l)ook, Military Payment Certificates (.Second, 1988 edition), at only 120 Hardl)ound. $30; deluxe collec-tor’s edition. $6.L We also have the world’s most complete list of MPC^s (and other military notes and hooks) for a SASE. FRED SCHWAN, ANMMitst Drawer 409 Lcavenwonh, KS 66048-0409 Philippines Special N D 50 pesos, P-138D(cat $27.50) My price: $10.00. World banknote con- signments wanted for my price lists. Turn your duplicates and collections into cash. Just ship. I’ll send details and do all the re.st. Send for my free price li.st. JAMES WARMUS BOX 1035 BURBANK, CA 91507 Coins, Currency & Rare Monies Sycamore Coin Gallery 320 W. STATE SYCAMORE. IL 60178 (815) 895-6669 Boh Rozyeki, ANA LM 2710

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    Public Auction 8

    Highlight: 78 Military Payment Certificates many illustrated. In original mailing envelope. Mr. Melnick passed away prior to dais sale. P. Generally offered in group lots only. (20.00) 8 1/2" x 'll" 537 December 9, 1982. The David J. Daniel Collection of World Coins

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