The Rivers Collection Huge Auction 51.1 D3
By Key Date Coins
Nov 21, 2023
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 3611:

Military Payment Certificate (MPC) Series 521 10c Grades vf+. Military payment certificates (MPC) were used to ...

catalog
  Previous Item
Next Item 
Sold for: $10
Price including buyer’s premium: $ 11.80
Start price:
$ 10
Estimate :
$25 - $100
Buyer's Premium: 18%
Auction took place on Nov 21, 2023 at Key Date Coins
tags:

Military Payment Certificate (MPC) Series 521 10c Grades vf+. Military payment certificates (MPC) were used to pay US military personnel stationed in foreign countries. They were created in order to reduce currency arbitrage. These MPCs could be redeemed for US dollars when a soldier left an MPC zone. If a soldier went on leave then the MPCs could be converted into local currency.

catalog
  Previous Item
Next Item