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Military payment certificate. One-dollar bill Series 692 ( from the Vietnam War era 1970–73) 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 ...
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 severely problematic, risking severe inflation.
This infobox shows the latest status before this currency was rendered obsolete. B yen (B円, B en) was a colloquial term used to refer to a form of military scrip used in post-war US-Occupied Okinawa from April 15, 1946, to September 1958. [1] [2] Officially, it was called B type military scrip (B型軍票, B-gata gunpyō).
A yen. This infobox shows the latest status before this currency was rendered obsolete. A yen (A圓, A en) was a colloquial term used to refer to a form of military scrip used in post-war US-Occupied Japan, Korea, and Okinawa from September 7, 1945, to July 21, 1948. Unlike their B Yen counterparts, these notes were restricted to military use ...
A photographer kneels on a street littered with invasion money, Rangoon, 1945. Japanese invasion money, officially known as Southern Development Bank Notes (Japanese: 大東亜戦争軍票 Dai Tō-A Sensō gunpyō, "Greater East Asia War military scrip"), was currency issued by the Japanese Military Authority, as a replacement for local currency after the conquest of colonies and other states ...
A scrip (or chit in India) is any substitute for legal tender.It is often a form of credit.Scrips have been created and used for a variety of reasons, including exploitative payment of employees under truck systems; or for use in local commerce at times when regular currency was unavailable, for example in remote coal towns, military bases, ships on long voyages, or occupied countries in wartime.
Company scrip is scrip (a substitute for government-issued legal tender or currency) issued by a company to pay its employees. It can only be exchanged in company stores owned by the employers. [ 1][ 2][ 3] In the United Kingdom, such truck systems have long been formally outlawed under the Truck Acts. In the United States, payment in scrip ...
On eBay, these kinds of bills can sell for anywhere from $10 to $300. The lower the serial number, the more valuable the currency is considered to be; a bill with the serial number 00000001 could ...