Search results
Results From The WOW.Com Content Network
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 of World War II until a few months after the end of U.S. participation in the Vietnam War ...
Historically, soldiers serving overseas had been paid in local currency rather than in their "home" currency. [1] Most cash drawn by soldiers would go directly into the local economy, and in a damaged economy the effects of a hard currency such as the dollar circulating freely alongside weaker local currencies could be very problematic, risking severe inflation.
Transporting U.S. currency overseas costs the military hundreds of thousands of dollars annually – during the Iraq War, for every $1,000,000 sent to pay soldiers in Iraq, it cost $60,000 in security, logistics, and support fees. [6] It also eliminates the need for the World War II practice of producing the military payment certificate. The ...
Filled collection booklets could later be used to purchase Series E war bonds. For example, a full 25-cent booklet contained 75 stamps and was worth $18.75, which was the initial price of a $25 war bond. Thus, a full 25-cent booklet would be exchanged for a $25 war bond with a time to maturity of ten years. [8]
The '5 cent bill from 1861 was among the smallest denomination bills printed during the confederacy of North Carolina. It was also one of the smallest physical bills, measuring approximately 3" by 1 5/8". [citation needed]. By 1863 barter was replacing currency and a tenpenny nail was used in place of this note. [1]
By 1875 the Internal Revenue awarded the contract to print for revenue stamps to the National Bank Note Company who prepared a second series of proprietary stamps. The new revenue stamps are commonly referred to as the "second proprietary issue," and occur in 1-cent, 2-cent, 3-cent, 4-cent, 5-cent, and 6-cent denominations.
Hollow Horn Bear was featured on the 1970 to 1973 Series 692 Military Payment Certificate issued by the US Military. [ 43 ] [ 44 ] The 1899 US five-dollar-bill (top) described as depicting either Hollow Horn Bear or Running Antelope , and the 1970 $10 US Military Payment Certificate (bottom) depicting Hollow Horn Bear
$5: Centennial Olympics half eagle (Torch Runner) [38] Runner carrying torch Side view of a bald eagle with a banner in its beak Au 90%, Ag 6%, Cu 4% Authorized: 175,000 (max) Uncirculated: 14,675 W Proof: 57,442 W 1995 $5: Centennial Olympics half eagle (Stadium) [39] Picture of the Olympic Stadium Side view of a bald eagle with a banner in ...