Jeff Smith, President and CEO Treasuredstocks.com

Jeff Smith, President and CEO Treasuredstocks.com
Jeff Smith
Showing posts with label Memorial Day. Show all posts
Showing posts with label Memorial Day. Show all posts

Friday, May 26, 2017

This land was made for you and me! Happy Memorial Day!

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 
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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



Tuesday, May 24, 2016

Memorial Day: Colonial Notes Honor our Nation's Birth

As Memorial Day approaches and July Fourth is right around the corner, our thoughts return to the origins of this great nation and the Colonial Notes - Colonial Currency that 
helped our nation grow and prosper. Our Treasuredstocks.com President Jeff Smith is a proud Veteran of the US Navy.

For some exciting information about Colonial Notes, read  on...

Shortly after landing in the New World, colonists became increasingly dissatisfied with the barter system of trade between them, this new nation, and England. The colonists wanted and needed economic independence from Britain and sought to establish their own economic stability by printing paper money.
Though in 1690 the Massachusetts Colony was the first to print paper money, each Colony eventually printed its own colonial notes to enhance a convenient exchange and pay off debt. 

While Spanish Dollars were popular as colonial coins (the origin of our “dollar” denotation for US money) currency was noted in British pounds, shillings and pence.  Importantly, Britain disallowed Colonial Currency as legal tender in 1764 which contributed to great discontent with Britain, among colonists.
In addition to individual colony issued Colonial Notes, as the Revolutionary War began in 1775, the Continental Congress circulated paper currency to help finance the war. 

This process was backed by a hoped-for future tax income rather than real gold or silver. Unfortunately, these Continental notes depreciated rapidly, partly due to expert British counterfeit operations designed to sabotage US war efforts. 

Following the war, states and private banks continued to issue their own currency. But, because of the problems with depreciation, inflation, value variances, and counterfeit, the US Constitution later denied individual states the right to make their own money.

Colonial notes are rare and extremely valuable. They were a significant part of our heritage as an independent and free nation. To hold one of these is to hold a vital part of our social, economic and political independence from Britain. 



For more information about these and other collectable coins and currency, please visit our web site at  http://www.treasuredstocks.com/or email  jeff@treasuredstocks.com

How to Start a Currency Collection

I want to start collecting coins and currency items; where do I start?

Collectors of coins and currency do so for many reasons. One of the most common collector is the hobiest who collects more for fun and appeal, rather than profit. Often, this attraction begins as a child who, by chance or purpose, receives an item that is both fascinating and historical.

An increasingly popular reason to pursue collecting of coins and currency is to do so as an investment Persons who use collections as a kind of investing do so with the idea that the value of the items, in singular or total, will increase over time. Supply and demand is the key concept here as well as a critical understanding that collections do not “make” money until they are sold and may even incur costs, such as the costs of safe and secure storage.

A third type of collector is the person who acquires a collection via inheritance. This person may or may not have any real interest in the items but appreciates potential value.

One great advantage we have today is the internet. For example, take a careful look around our Treasuredstocks.com web site and you will see over 4,000 items, of all categories, grades, and prices, all graded and all in full color view. And now a bit about grading. A graded item allows collectors to speak the same language when it comes to the condition of the item.

The term “Numismatics” refers to the study or collecting of coin/currency. A numismatist is someone who does this by hobby or profession. Here is a great web site to use, when learning more about such an exciting field. There’s even several links specifically designed for children.

http://www.numismatics.tv/

We are official members of multiple numismatic-related organizations. Therefore, Treasuredstocks.com welcomes any and all questions regarding our postings and our passion for collecting coins and currency of all types. We are here to assist you! Please give us a call at 870-670-4255 or email us at jeff@treasuredstocks.com