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hello coin collectors welcome back to hunter rare coins my name is frank and today im looking at military payment certificates military payment certificates or mpc were a form of currency used by the us 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 the u.s participation in the vietnamese war therefore they were used from 1946 until 1973 mpc utilized layers of line lithography to create colorful banknotes that could be be produced cheaply 15 series of npcs were created however only 13 series were issued npcs were paper money denominated in amounts of 5 cents 10 cents 25 cents 50 cents one dollar five dollar ten dollars and in 1968 they brought out a 20 note military payment certificates were used following world war ii to help local currencies american gis quickly discovered that they could use u.s dollars for less than the accepted conversion rate and this helpe