Hello MPC fans,

I am on my way to Dallas to see a collection. I will
have more on this in the next few days.

I sure was confused on yesterdays gram. Sorry.

First some news. Have you heard the distribution plans
on the 691 / 701 sets? Well here it is. Bona fide
collectors can order a set of eight notes for $2000.
Send payment made out to the American Red Cross or the
USO (United Services Organization).

Send the payment to Doug or Marcus. If you do not have
either mailing address or have other questions, you
may contact them at papermoneyworld.com. For now they
are for sale only to bona fide collectors. Of course
this leave some room for interpretation and dispute,
but I did not make the rules. Neither do I enforce
them. In this case I am just passing them along.

I suppose that I am obliged to give an opinion too.
There was lots of discussion about the price and other
aspects too and of course I do have some opinions, not
real strong ones, but opinions.

First, the notes are wonderful and all MPC collectors
must be thrilled that this is happening. However, it
is possible to have a collection without them by
simply defining the collection as being of issued
pieces.

Compared to the distribution of the 651 fractional
notes, the seller and agents here are being very
forthright. However, there are still lots of
questions. These all boil down to how many notes are
there. The report is 50 sets. Reading between the
lines, it seems that there are more notes. Possibly
not more sets. Possibly partial sets etc., but this
always leads to doubts. It is also unclear to me what
if anything is still held by the government for
possible use (issue?) or distribution in other ways or
even destruction and possible liberation as happened
here.

I just do not know the answers here. If 50 sets is the
answer, $2K is cheap. 1000 sets and the downside
nightmare will be met. Of course the in between is
less certain. Probably at 100 sets and the price is
still good, but most of us would still be a little (or
alot) angry after being told that there were 50 sets.

The bottom line seems to be that it is worth the risk.

(Aside to Marcus, you may feel free to forward this to
DS)

There was discussion on chat that MPC coverage in the
BNR is too thin. That made me smile. I do not
necessarily agree. However, there are some things that
you can do about that. First of course, you can write
an article or five. It is surprise how easily you can
generate an article even if you do not have any great
new discovery. Just an article about how you got
started in MPC, or that great find, or that fantasy
find can find interested readers.

If that is not your style there is another very
important and easy thing you can do. Instead of
complaining, do something innovative--reinforce the
appropriate behavior! When they do run an MPC story,
write (snail or email) and praise the editors for
running it! Trust me this is important!

A comment was made that notgeld gets more coverage
than MPC with the inference that that is terrible.
Interesting. First, there is an argument that MPC IS
notgeld! Furthermore, worldwide there certainly are
more collectors of "notgeld" than of MPC. In the US, I
am not sure about the relative number.

Well, thanks for your time. I hope to hear from all of
you soon. I hope to make it to chat from the road. The
gram will be sent from Dallas tomorrow.


Fred



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please respond to this address or to fred@papermoneyworld.com

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