Are military payment certificates valuable?
Most of the common military payment certificates are not valuable and only worth a few dollars in fine condition. MPCs in the better condition grades will sell for more money. Uncirculated notes will sell for the highest prices. Most of the MPC replacement notes are worth over $100 in fine condition.
How much do front line soldiers get paid?
Basic pay increases as soldiers move upward through the ranks and gain more years of experience. The salary for a Private E1 starts with a salary of $19,960 and remains the same through six years of experience. A Private E2 starts slightly higher at $22,035, but it also remains the same through six year of experience.
How much did a private make in Vietnam?
Base Pay (per Month)
| Grade | Title | Base Monthly Pay |
|---|---|---|
| E1 | Private Recruit | $288 |
| E2 | Private (Pvt.) | $320 |
| E3 | Private First Class (PFC) | $333 |
| E4 | Specialist 4 (SP/4) | $345 |
What’s the value of a Military Payment Certificate?
MPCs in the better condition grades will sell for more money. Uncirculated notes will sell for the highest prices. Most of the MPC replacement notes are worth over $100 in fine condition. In uncirculated condition the value can exceed $1,000 for certain series. Ultimately, the value of an MPC will depend on its series and its condition.
When did the US start redeeming Military Payment Certificates?
The US Department of War issued out military payment certificates (MPC) from the years 1946-1971. 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.
How much is an MPC replacement note worth?
Most of the MPC replacement notes are worth over $100 in fine condition. In uncirculated condition the value can exceed $1,000 for certain series. Ultimately, the value of an MPC will depend on its series and its condition. See the list below to learn the value for some of the MPC series that we have featured on our website.