MILITARY-PAYMENT-CERTIFICATES
Code: 1912
Price:
$75.00
Country:
US
Denomination:
$0.50
Grade:
PCGS 65PPQ
Grader:
Series 661 Issued 10/21/68 - 8/11/69
Quantity in Basket:
none
MILITARY-PAYMENT-CERTIFICATES
Code: 4773
Price:
$475.00
Country:
US
Denomination:
$1.00
Grade:
PCGS 68PPQ- 66PPQ
Grader:
3 Consecutive #s, Series 661 Issued 10/21/68 - 8/11/69
Quantity in Basket:
none
One of the main reasons Military Payment Certificates were originally invented was to prevent having to use large amounts of US dollars overseas. This would prevent legal tender US dollars from ever being captured by the enemy and used against the USA.
The first use of what is considered MILITARY PAYMENT CERTIFICATES was during the invasion of Okinawa when troops were issued what are called Series "A" yen notes. Soldiers turned in their "greenbacks" and were issued Series "A" notes in exchange.
Richard Hokanson Rare Coin Investments P.O. Box 940, Southold, NY 11971
(631) 765-6464 | coins@optonline.net
