Search results
Results from the Health.Zone Content Network
Military payment certificate. One-dollar bill Series 692 ( from the Vietnam War era 1970–73) Military payment certificates, or MPC, was a form of currency used to pay United States (US) military personnel in certain foreign countries in the mid and late twentieth century. They were used in one area or another from a few months after the end ...
Notes today are fairly common, and can be valued anywhere from one dollar (for a common bill) to a couple thousand dollars for a rare series, low printing, or replacement bill. See also. Money portal; Numismatics portal; Military Payment Certificate; Japanese invasion money; Notes
Each certificate, issued to a qualified veteran soldier, bore a face value equal to the soldier's promised payment with compound interest. The principal demand of the Bonus Army was the immediate cash payment of their certificates. On July 28, 1932, U.S. Attorney General William D. Mitchell ordered the veterans removed from all government property.
Transporting U.S. currency overseas costs the military hundreds of thousands of dollars annually – during the Iraq War, for every $1,000,000 sent to pay soldiers in Iraq, it cost $60,000 in security, logistics, and support fees. It also eliminates the need for the World War II practice of producing the military payment certificate. The use of ...
In 1942 the Japanese issued paper scrip currency of 1, 5, 10 and 50 cents and 1, 5 and 10 dollars. The 1, 5 and 10-dollar notes initially had serial numbers; these were later omitted. In 1944, inflation lead to the issuing of a 100-dollar note. In 1945, a replacement note 100-dollar bill was issued as well as a hyper-inflation 1,000 note.
Estimated value. US$2 - $1 ,300. Obverse. A Hawaii overprint note is one of a series of banknotes (one silver certificate and three Federal Reserve Notes) issued during World War II as an emergency issue after the attack on Pearl Harbor. The intent of the overprints was to easily distinguish United States dollars captured by the Imperial ...
By June 30, 1932, more than 2.5 million veterans had borrowed $1.369 billion. In 1936, the Adjusted Compensation Payment Act (January 27, 1936, ch. 32, 49 Stat. 1099) replaced the 1924 Act's service certificates with bonds issued by the Treasury Department that could be redeemed at any time. See also. Bonus Army; References Footnotes
The United States one-dollar bill ( US$1 ), sometimes referred to as a single, has been the lowest value denomination of United States paper currency since the discontinuation of U.S. fractional currency notes in 1876. An image of the first U.S. president (1789–1797), George Washington, based on the Athenaeum Portrait, a 1796 painting by ...