As we approach the Memorial Day weekend celebrations, the staff and administration at Treasuredstocks.com wish to say that today
is a true day to celebrate life,
celebrate our hard-won liberties,
and
celebrate this beautiful land.
Arkansas US Military Veterans and MPC Currency Notes
Nearly
15% of civilian adults in our base state of Arkansas are US Military
Veterans. Importantly, this veteran population includes the
Treasuredstocks.com President who, as a young
Wisconsin teen, joined the US Navy!
If you are a military Veteran from the Vietnam War
ar era or earlier, the chances
of you having and using Military Payment Certificates – MPCs -- is huge!
As a military veteran of the US Navy, Jeff Smith recalls
receiving his pay with Military Payment Certificates and spending these MPCs at
the base PX. These beautifully engraved Military Payment Certificates are some
of most artistic pieces of currency ever made.
The
United States military devised the MPC program immediately following WWII. In
post war Europe, US dollars became very valuable due to the high inflation
rates of local currencies. Hence, US servicemen stationed overseas could
purchase high value items for relatively small numbers of US dollars. To
overcome this problem and help stabilize foreign economies, MPCs were developed
and used from the time immediately following World War II until about the end
of the Vietnam War (1946 - 1973).
MPCs
include some of the most beautiful currency notes the US has ever printed. When
you look at these currency notes, you see not only the
financial impact they made, but also the military, political and social
environments surrounding them. They are paper money in cent
denominations of 5, 10, 25 and 50 and dollar denominations of 1, 5, 10, and 20.
If
you’re a Viet Nam Era Vet, here’s a neat statistic: The MPC program was at its
peak during the Vietnam War.
Here
is a photograph of an MPC note
For
more examples of MPC Currency Notes, check out this web
site:Treasuredstocks.com
- - - - - - - - - - - - -- - - - - - --
Treasured stocks.com was founded in
1987 to provide currency enthusiasts and investors with a wide choice of
currency items. The site offers a range of national and international coins and
currency for the value conscious currency collector and investor. We are here to assist you! Please
give us a call at 870-670-4255 or email us at jeff@treasuredstocks.com