Further complicating the currency scene, allies in Vietnam issued their own MPCs. When in doubt about the condition of an item, please bid accordingly. One Dollar Military Payment Certificate US MPC Series 692 Vietnam War.
Any declined credit card payment will have two (2) business days to contact the office (865-264-4641) and pay with a valid credit card. There are no wrong ways to collect MCPs. PMG Graded Choice Uncirculated 64PPQ. MPC Series 692 $20 PMG 68 EPQ. Look at the Photos Carefully! It was used in one area or another from a few months after the end of World War II until a few months after the end of U. participation in the Vietnam War – from 1946 until 1973. A successful bid at auction, whether live or online, constitutes a legally binding contract of sale. Photos illustrate type only. A contract will be sent via email for the buyer to review and sign. Shipping processing can take anywhere from four-10 business days due to the high volume of internet bidders so please plan accordingly and your patience is greatly appreciated. United States Military Payment Certificate, Series 692 $20 Note at auction. During the earliest days of the war, the South Vietnamese economy was wrecked by a large and well organized black market. We no longer provide in-house shipping. Online only estate auctions are handled by UPS Pack and Ship. Collectors Universe, Inc.
We purchased a small consecutive group of these notes and they all grade GEM to Superb Gem. Some people try to collect one of each denomination issued for a particular series. Prospective buyers are strongly advised to examine personally any property in which they are interested, before the auction takes place, to determine its condition, size, and whether or not it has been repaired or restored. The Mail Center ETC. Since there was a strong demand for United States currency, the black-market conversion rate was more favorable to the military personnel. This allows you, as a collector, to select the grade that will yield the best collection within your budget. However, some examples escaped being destroyed. Payment: P1) By agreeing to our terms and conditions you agree to allow us to charge the credit card on file if you are the winner upon close of the auction. E00518343E, S-938-1/M98,... US MPC Series 692 - US Military Payment Certificates. However, only thirteen series were issued for use to pay military personnel. 1 Ounce, 17 dw, 12 gr.
The condition of the items being offered varies. All exceptionally large or irregularly shaped items will be packaged through UPS Packing and shipped via UPS. On-site inspection of items being sold is recommended. Buyers are recommended to inspect all items. This practice was especially evident during the Korean and Vietnam wars. 95. eBay (1mpcbuyer).
Counterfeiting MPCs became a major problem almost immediately. Please contact the office (865-264-4641) and provide the contact information for your preferred FFL. 865-584-0081, option 8. Fact 2: - Fact 3: - Fact 4: Thirteen series of MPC were issued between 1946 and 1973, with varied designs that were often compared to Monopoly money due to their colors. Due to the discrepancy between the currency conversion rates, service members could profit by exchanging their dollars for local currency at the official rate and then selling them back at the black-market rate. If the winning bidder decides to "cancel" an item it will be treated as a nonpayment (see P8). A Service of Certified Asset Exchange. The buyer has five (5) days to return the signed contract. Actual prices realized for items can fall below or above this range. In an effort to stop this profiteering from servicemen and servicewomen manipulating the local currency in the black market, the United States military designed the MPC program. In the event of error or dispute between bidders, or in the event of doubt on our part as to the validity of any bid, whether during or after the sale, the auctioneer has final discretion to determine the successful bidder, to continue the bidding, to cancel the sale, or to reoffer and resell the lot in dispute. SERIES 692 MILITARY PAYMENT CERTIFICATE 10 CENTS | JD's Auctions. Condition: Nice Very Fine Grade-30-PMG MPC note.
Employees of Doyle New York are not prohibited from bidding on property.