Series 521 $10 (Military Payment Certificate) 1st Printing
PMG 35 CVF-Pick# S847-1
RARE $10 DENOMINATION WITH ONLY 48 EXAMPLES GRADED HIGHER!
Up for acquisition is aSeries 521 $10 Military Payment Certificate (MPC), cataloged asPick# S847-1, gradedPMG 35 Choice Very Fine (CVF). This note is a prized addition for collectors seeking an iconic piece of post-WWII U.S. military payment currency.
Key Features
- Series: 521
- Denomination: $10
- Printing: 1st Printing
- Catalog Number: Pick# S847-1
- Grade: PMG 35 Choice Very Fine
- Population: Only48 examplesgraded higher by PMG.
What Makes This Note Special?
This $10 note is among the highest denominations issued for the Series 521 Military Payment Certificates, making it one of the most sought-after notes for set collectors. The relatively low population of higher-graded examples further enhances its rarity and investment appeal.
Did You Know?
MPCs were designed to prevent black-market activities and currency arbitrage in overseas military bases. Higher denominations like this $10 note were less commonly used, making them more difficult to find today in collectible grades.
Design Highlights
- Obverse: Features a portrait of Lady Liberty symbolizing freedom, with intricate geometric patterns and vibrant colors reflecting mid-20th century printing techniques.
- Reverse: Showcases a bold eagle motif, a powerful symbol of American strength and resolve, surrounded by detailed flourishes.
The artistry and vibrant hues make this note a visually striking example of MPC design.
Historical Context
Military Payment Certificates were used by U.S. armed forces personnel in overseas locations from 1946 to 1973. The Series 521, issued from 1954 to 1958, reflects the post-Korean War period, when the U.S. military was maintaining a global presence during the early Cold War years.
The $10 denomination is particularly notable, as its higher face value meant fewer were printed and preserved compared to lower denominations.
Why Add This Note to Your Collection?
- Historical Significance: A tangible piece of U.S. military history from the mid-20th century.
- Scarcity: With only 48 examples graded higher by PMG, this is a rare opportunity for collectors.
- Collector Appeal: A centerpiece for any MPC set or U.S. currency collection.
- Investment Potential: Higher-denomination MPCs in collectible grades have shown consistent appreciation.
- Aesthetic Merit: The intricate design and historical importance make this note a standout.
Why Buy From Us?
We specialize in rare and historic banknotes, offering:
- Guaranteed authenticity
- Expert knowledge of MPCs and U.S. currency
- Exceptional customer service
Feel free to reach out for additional information or images of this rare note.
Final Call to Action
ThisSeries 521 $10 Military Payment Certificate, 1st Printing, PMG 35 CVF, is a rare find for serious collectors. Its scarcity, historical value, and striking design make it an essential addition to any MPC collection.
Secure this rare note today and preserve a piece of U.S. military history!
Preserve history. Collect it. Own it.
The Journey of Collecting and Investing in Military Payment Certificates (MPCs)
TheSeries 461 MPCs, issued betweenJanuary 26, 1947, and June 20, 1948, were predominantly used inJapanand thePacific islandsfollowing World War II. These notes played a crucial role in stabilizing the military economy, preventing black-market trading of U.S. dollars, and ensuring military personnel had secure currency to use in occupied regions.
Strategic Purpose and Military Leadership Goals
The introduction of MPCs was part of a broadermilitary strategyto control inflation and avoid economic destabilization in the occupied regions. By confining the use of U.S. dollars within military ranks, theU.S. Department of Waraimed to prevent local populations from hoarding or trading U.S. currency on the black market, which could undermine local economies. Military leaders saw the use of MPCs as essential in maintaining economic order during a period of military governance.
Design and Production
TheSeries 461consisted of denominations from5 centsto$10, featuring intricate, colorful designs that reflected American values and culture. The notes displayed historical figures and patriotic themes to symbolize American ideals in the occupied territories. The designs were crafted to be distinct from local currencies, making them easier for military personnel to use without risk of confusion or counterfeiting.
Quantity Issued
While precise figures on the total number of Series 461 MPCs issued are not readily available, like other MPC series, millions of notes were printed and distributed across military installations. However, due to their short period of issuance and their eventual destruction during withdrawals, surviving examples in good condition are scarce today, increasing their desirability among collectors.
End of Circulation
Series 461 notes were eventually phased out and replaced with newer MPC series as part of the military's strategy to prevent large accumulations of currency and continued black-market activity. Each MPC series was typically replaced after about two years, and old notes were destroyed, making existing examples rare and valuable to collectors.
Collecting Military Payment Certificates (MPCs)is a journey through the rich history ofU.S. military currency, spanning conflicts fromWorld War IIto theVietnam War. These notes, issued between1946 and 1973, played a crucial role in stabilizing foreign economies, preventing black-market activity, and keeping U.S. dollars confined within military communities.
The story begins withWWII Military Payment Certificates, introduced asU.S. military currencyduring the war, continuing through theKorean War MPCandVietnam War MPCeras. These notes, such asSeries 461, are highly sought after by collectors due to their significance and rarity. CollectingUS military notesfrom various wars is a connection to the soldiers who relied on these currencies.
Rarity, Designs, and Key Series
Military Payment Certificates come in a variety of denominations, ranging from5 cents MPCto$10 MPC, each showcasing intricate designs that reflect the era of issue. Specific series, such asSeries 521 MPCorSeries 692 MPC, are particularly prized due to their scarcity and limited circulation.Series 681 MPCandSeries 701 MPCwere used in thePost-WWIIperiod and during theCold War, symbolizing the changing global landscape.
Collectors often seek outPMG-graded MPCs, where grades such asPMG 40orPMG 45 MPCindicate exceptional condition and rarity.Uncirculated MPCnotes or those markedChoice Extremely Fine (XF)command significant premiums in the marketplace. The demand forrare military payment certificates, especiallyMPC star notes, has grown steadily in recent years, making them a valuable investment.
Investment Potential and Auction Appeal
Investing inMilitary Payment Certificatesprovides an opportunity for both historical appreciation and financial gain. With limited surviving examples, especially in higher grades, MPCs have shown steadyprice appreciationatmilitary payment certificate auctions. Notes with unique features, such asMPC error notes, tend to fetch high values. As interest innumismatic military currencygrows, the potential for long-term returns remains strong.
Additionally,Collectible Military Payment Certificatesfrom iconic series—such asSeries 541 MPC,Series 611 MPC, andSeries 641 MPC—are often the highlight of anyMilitary Payment Certificate Collection. Many collectors search for theMilitary Payment Certificate Set, includingMPC Series 471, which adds value to a comprehensive collection.
Conclusion
The journey of collecting and investing inU.S. Military Payment Certificatesoffers a unique opportunity to own a piece of American history while capitalizing on a growing market for rare, high-quality notes. TheseMPCsare not just pieces of currency; they are symbols of military service and economic strategy during pivotal moments in U.S. history. Whether you are hunting for a rareSeries 692 MPCor assembling aMilitary Payment Certificate Set, the legacy and financial value of these notes continue to capture the interest of collectors and investors alike.
What Makes Bloc Galleries Special?
At Bloc Galleries, we don't just sell collectibles –we live them. What makes us different? It's our passion, our people, and our relentless commitment to making your collecting experience not just good butgreat.Here's what sets us apart:
Our Money-Back Guarantee
We offer 100% seller paid returns, ourmoney-back guarantee is simple,if the item isn't quite what you expected, you can return itfor any reason.We're here to make sure your collecting experience isfun, exciting, and, above all,satisfying. You're not just buying from us – you're embarking on acollecting adventurewith us by your side.
At Bloc Galleries, we're committed to offering the finest collectibles, backed by a team that's always ready to make sure your experience is nothing short ofoutstanding. We know that when it comes to collectibles, photos and descriptions might not always match your exact expectations.We handletens of thousands of itemseach year, and sometimes mistakes happen. If we ever mix up a listing or a photo, we'll go the extra mile to make it right – even if it means offering abetter gradeorcondition at the same or lower price. We're all about turning those occasional hiccups intowin-win momentsfor you. Not completely satisfied? You'll get afull refund, including return shipping, on us.Just let us know(via eBay, phone, or text) before leaving feedback – we're here to make things right.
Our Team
At Bloc Galleries, we believe thatextraordinary thingsare only achieved by extraordinary people. We're not just employees –we're collectors, just like you. Each banknote, artifact, or treasure has a story, and we're as invested in discovering and sharing these stories as you are. We pour in not just hours butheart, energy, and dedication. Sure, we're human, and sometimes we stumble, but our commitment to always do right by younever falters. We're not just here to sell –we're here to join youon this exciting collecting journey. And if we ever mess up?We make it right– even if it costs us, because we're in this for the long haul.
Vast Acquisitions, Unbeatable Pricing
Every quarter, we acquiretens of thousands of banknotes, leveraging our global network to source inventory you won't find anywhere else. By buying in bulk, we're able to pass ondeep savingsto you. Quality notes, below market prices – that's just how we roll.
The Thrill of Discovery
We're not about overly cataloging and pre-screening every item. Instead, our streamlined team focuses on curating auction lots with a sense of adventure. Ourunsearched, high-grade currency lotsarebrimming with hidden gems, and our customers are continually amazed at theincredible findsthey've snagged. Every bid is an opportunity to unearth something truly special.
Customer-Friendly Bidding
Our auctions kick off withlow opening bidsandno reserve pricing, making the experience transparent, exciting, and accessible for all. Whether you're bidding on one item or twenty, we've got you covered with ourflat shipping rate.
Simplified Shipping, Maximum Value
Shipping? We keep it simple. For just$6.50, for purchases made the same day (24 Hours) we'll ship your treasure trove safely to your door. And yes, that flat rate coverscombined shipping, whether you win one item or 25. We've got your back.
Shipping & Handling
We take shipping seriously. Our team carefully packages and ships itemstwice weekly, ensuring your orders arrive safely and promptly. Based in the heart of the U.S. (Fargo, ND), we typically seeshort delivery times, and for orders over $200, we includetrackingfor extra peace of mind.
•Flat Rate Shipping: $6.50 for all domestic orders, including combined shipping on multiple items.
•International Orders: We primarily use eBay'sGlobal Shipping Program, with an average rate of about $14 for international shipments. If costs are significantly higher, we'll reach out to you. Note that international returns are not accepted, and customs regulations may apply.
International Purchases
For our international customers, we typically useeBay's Global Shipping Program, which provides reliable shipping at a reasonable cost (around $14 on average). However, if the rate is higher, we'll let you know.Combined orderswill receive a custom shipping quote, but please note we do not offer free shipping on international orders. Make sure to check your country's customs and regulations asinternational returns are not accepted.
Payment & Cancellations
We totally get that life happens. If you need extra time, no worries – just let us know! However, all unpaid orders will beautomatically canceled after 5 days. Keep in touch if you need assistance, and we'll work with you.
Why Bloc Galleries?
It's simple. We're passionate about what we do, and we want to make sure you are, too. Our auctions are more than just sales – they're an adventure. Join us every week for your chance todiscover new treasuresand experience a team that's here to make your collecting journeyfun, exciting, andstress-free.
Bloc Galleries – where discovery meets passion, and your satisfaction is our mission.
DID YOU SEE CATS LAST NIGHT?
In the quiet corners of Bloc Galleries, where history whispers from each collectible, two enigmatic felines hold court. Gertrude, with her elegant white coat, and Pete, The Man Cat, in his tuxedo attire, materialize each evening as the sun dips below the horizon. No one knows where they hail from, maybe an alternative universe but their vigilant eyes never miss a detail. At precisely 3:33 AM, under the soft glow of the moon, an extraordinary event unfolds. For a fleeting 15 minutes, they speak. Yes, speak! With articulate English accents, they offer a running commentary on the days work, sparing no one from their sharp, albeit humorous, observations on our numismatic endeavors.
"Another misaligned watermark?" Gertrude would quip, her tail flicking with amusement. Pete, ever the diplomat, might chime in, "Splendid effort on the cataloging, though, truly!" Their critiques, always laced with wit, leave us in chuckles and chagrins alike. But as the clock ticks towards 4:00 AM, their words fade into the ether, and the memory of their eloquence evaporates like mist. By 5:00 AM, they are but silent sentinels once again, and with the first light of dawn, they vanish, leaving behind just a hint of their presence in photos theyve graced.
Legend now has it that Gertrude and Pete are the guardians of good fortune at Bloc Galleries. They watch over the collections, ensuring each piece carries with it a sprinkle of their mystical charm. For those who happen upon their image nestled within the listings, take it as a sign: the cats approve, and so may luck favor your bids. They admire the pretty pictures and revel in the grand tales spun by the currencies of old, and in their peculiar way, they extend their good will to all our customers, whispering of fortunes yet to come. If you win this auction and send us a message about the felines will send a special gift from Pete. He always has a great eye
