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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
Japanese military currency (Chinese and Japanese: 日本軍用手票, also 日本軍票 in short) was money issued to the soldiers of the Imperial Japanese Armed Forces as a salary. [citation needed] The military yen reached its peak during the Pacific War period, when the Japanese government excessively [clarification needed] issued it to all ...
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.
The United States military used these as payment certificates, while the civilian population used "B Yen" scrip as currency. "A yen" scrip was used as general currency in Korea from September 7, 1945, to July 10, 1946. "A yen" scrip was eventually deprecated in all three regions on July 21, 1948, in favor of a one currency "B yen" scrip system.
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.
The obverse was nearly identical to the Series of 1923 $1 silver certificate, but the Treasury seal featured spikes around it and a large gray ONE replaced the blue "1 DOLLAR." The reverse, too, had the same border design as the Series of 1923 $1 bill, but the center featured a large ornate ONE superimposed by ONE DOLLAR .
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 ...