This listing is for the photographed 1951 U.S. Military 50 Cent Payment Certificate. Series 481. Discoloration and other signs of circulation, as pictured. Obverse print of a woman sitting holding a compass and a sphere on the left end. Reverse has U.S. seal at center. Fractional MPCs are a bit rarer, and all MPCs have grown in popularity among collectors in recent years. P#M25a (Pick number M25a).
Military payment certificates, or MPC, were a form of currency used to pay U.S. military personnel in certain foreign countries. They were 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.S. participation in the Vietnam War – from 1946 until 1973. MPC utilized layers of line lithography to create colorful banknotes that could be produced cheaply. Fifteen series of MPCs were created. However, only 13 series were issued. The remaining two were largely destroyed, although some examples remain. Among the 13 released series a total of 94 notes are recognized.
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1951 U.S. Military 50 Cent Payment Certificate - Series 481 - 1951 United States Military Fifty Cent Fractional Payment Certificate - P#M25a