Longstrider's Blog

20 Apr 2020


Paper Money-U.S. | Longstrider

A few people here have been asking what we collect. Here is an example of something other than Peace Dollar VAMs that I collect when I see a nice one. This is my newest example of a Military Payment Certificate or MPC. This is, in my opinion, one of the most outstanding MPC we made. In fact the entire Series 692 has been described as the "Most American" of all the different series of MPC's.

The MPC's are made in series just like our regular currency. This note is a series 692 which means it was issued for circulation between October 7, 1970 through March 15,1973. They were issued in eight different denominations and used exclusively in Vietnam. A total of 214 million dollars in face value were issued. For you star note collectors, all series 692 MPC's have a serial number that ends and begins with the letter "E". A replacement note has a serial number that just ends with a number.

My note happens to be a First printing. It is a ten dollar bill and my favorite. It features a portrait of Chief Hollow Horn Bear on the front. He was a very famous Brule Lakota leader that fought in many of The Sioux Wars battles including The Little Big Horn. he eventually became a key speaker for the Soiux People in peace negotiation in Washington D.C.. In 1905 he was chosen to be one of the Native Americans to ride in the inaugural parade of President Theodore Roosevelt.

The back of this bill shows an eagle with its wings spread and talons ready to go into action. It drips Americana. I hope to be able to purchase the twenty dollar bill of this series next. It is similar in the Native American design and has Chief Ouray of the Ute on the front. My MPC has been slabbed and graded by PMG. This is a good idea as there are a ton of counterfeits out in the wild. I hope you enjoy this blog and maybe learn something. Please check out the pictures and feel free to comment. Thanks!

P.S. The big scratch on the front is on the plastic. It doesn't rally show in hand.









Level 5

This is really cool! The days these were used by the military were before my time. When I was assigned to my ship and payday came around the disbursing officer strapped on a sidearm and picked up cash money on the barrelhead! The only time in my life I was paid in cash except when I was a golf caddie! The officer counted out my money and I signed his receipt ledger. Then if I owed anyone money or more likely when they owed me money, I'd just stood outside and as they walked out I had my hand out guaranteeing I'd be paid back. Or if I owed them money they had their hand out LOL. Oh, the memories of past Navy paydays your post evokes!


Level 5

Very nice note. The current BEP could use a look back at a time when real Art was applied to designs.


Level 6

Very cool Longstrider! I love both the Indian and Eagle designs. That's wild how the government made all these special payment notes for our military. Great blog!


Level 6

You have wide interests in collecting. You will never be bored.


Level 5

That's a very nice piece. I can't believe that I haven't seen one of those before. I don't collect MPC's but the imagery on this is outstanding.


Level 5

Love it ! Thanks for posting your note and information. Might have made a collector out of me. Will definately be on the lookout for these. Thanks


Level 7

My friend that is something to look at. Its a beauty. I think the Chief looks a little like you. He should be wearing a mask. We have to laugh sometimes to keep our spirits up. Very nice pickup. It reminds me of the original. Thats out of my budget. You did wise. . Thanks for the reserch and history thats the part i like. Thanks dor.sharing thats how we learn by reading and commenting on blogs.


Level 6

Well, I am Italian. We started in all The "spaghetti westerns"..

It's Mokie

Level 6

That's a beauty L-Strider, you are going to get all our Vets all nostalgic. Thanks for sharing, show us more of your collection.

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