Status: U Return-Path: Received: from web5205.mail.yahoo.com ([216.115.106.86]) by walker.mail.mindspring.net (Earthlink Mail Service) with SMTP id tek033.34qj.37kbi73.1 for ; Fri, 27 Apr 2001 19:27:31 -0400 (EDT) Message-ID: <20010427232730.10608.qmail@web5205.mail.yahoo.com> Received: from [152.163.205.84] by web5205.mail.yahoo.com; Fri, 27 Apr 2001 16:27:30 PDT Date: Fri, 27 Apr 2001 16:27:30 -0700 (PDT) From: MPCgram Subject: MPCGram 322 To: MPCGram@yahoo.com MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii ==================================================== MPC Gram ==================================================== Covering the Entire World of Military Numismatics ---------------------------------------------------- Series 002-Number 322 Friday, April 27, 2001 More on classifying MPC collections By Marcus Turner While I feel that Phil does manage to make several good points in his classification of MPC collections, he has also managed to raise my blood pressure a few (thousand) points. Although I thought that I had clearly explained the situation at Fest II, I will explain it again for the sake of those who did not attend and Phil. The punch holes in the first printing Series 701 notes are the result of the notes being placed into a "display board." This board consisted of a flat piece of wood slightly larger than the notes and pair of wooden rings that secured the notes to the board allowing for viewing of both face and back of the note; in essence a wooden two ring binder. This binder was created to allow DFAS personnel to view the notes at DFAS Banquet in the mid 1990's. At the conclusion of the Banquet the Series 701 notes were removed from the board and presented to the person from whom I acquired them. These notes were not punched for the purpose of cancellation. I have yet to see a note from anywhere in the world that is punch canceled with two holes vertically on the left side of the note. As a matter of fact, I have yet to see any US MPC that is punch canceled at all (unless you want to consider the perforated "SPECIMENS" punch canceled. The two holes in each were strictly made to accommodate the display of the notes. (sorry Phil) Now that I have vented my frustrations... Phil's concept of the "Short Set" (90 Regular Issue Notes, not including the four Series 651 fractionals or 691/701 notes) is certainly appropriate. Keep in mind that according to DFAS and previously Army Finance rules, these documents were not technically considered MPC until they were issued. This would mean that since the Series 651 fractionals, 691 and 701 were never issued they are also not technically MPC. Therefore, to everyone that has completed a "Short Set," CONGRATULATIONS...you have complete set of MPC. As for the un-issued pieces... The notes do have the words "Military Payment Certificate" printed right on them. I would further argue that as passionate collectors/numismatists we are honored to have these pieces in our collections, and as a group have accepted them as MPC, hence the "Extended Set." Regarding the issue of an "Extended Multiple Printing (all notes printed and available for purchase) Regular Set," I am going to have to disagree with Phil's definition (just not as vigorously as my previously issue). I would argue that not only would the First Series of 701 have to be included but also the first printing Series 701 fractionals. The situation is very comparable to a "Short Set of replacement notes." In such a replacement set we would expect to see a Series 481 $5 replacement and a Series 651 $5 replacement although none have been reported to date. The same rationale applies to the "Extended Multiple Printing Regular Set" in that although there is only, to date, one known REGULAR issue Series 701 First Printing $1, $5, $10 and $20, the fractionals were still printed and should be included in the definition of the set. It is also possible that a regular issue of the 701 fractionals will never fall into private hands (although I dread the thought) and we will have to settle for the "Most Complete Extended Multiple Printing Regular Set" as we have had to with the "Short Set of Replacement Notes". So much for putting this issue to bed... ==================================================== Editorial ---------------------------------------------------- Well, I guess that I just must comment some more on the “definition” discussion going on between Marcus and Phil. First, Marcus, there is every indication that Series 651 fractionals WERE issued. They were not issued for long and not for a wide area, but issued nonetheless. True, for a long time we believed that they were not issued, but they were (at least that is what we think now). I believe that the MPC book is clear and correct on this, but I have not checked. Even if some regulation states that MPC is not MPC until it is issued, I do not think that this makes any practical difference. First, I would like to read this and then even if it says that literally, I would wonder what the intent was. I suspect that the intent was to say that there is no fiscal responsibility to any agency until a series is properly issued. Well, I hope that my comments excite both of you to fire away some more! I love it! =================================================== Mail Call Dear Gram, There was interest in the World War II Boise emergency one-cent scrip on the Gram a while back. I think you can get one from Hugh Shull for about 5 bucks plus postage. I would e-mail him to confirm this, but I have no idea what if any his e-mail address is. Regards, Fred Reed Dear Fred, Thanks for the tip. I am pretty sure that Hugh does not have email (yikes). He may be contacted at (803) 432-8500, Box 761, Camden, SC 29020 If you order one of these, please be sure to mention that you saw the notice in the MPCGram! Editor Dear Editor, I'm glad someone else as spoken out about this [formatting of Gram pages], as I thought that I was crying out in the wilderness. Can I get a shameless plug in for an item I have on eBay? It is a Bikini Atoll Atomic Short Snorter item #1232970624 closing on May 1st. Mr. Doric Dear Mr. Doric, Thank you very much for your letter. However, I am afraid that we cannot condone or allow you to plug your interesting item for sale on ebay. This is clearly against the Gram advertising policy. What was that item number again? Editor =================================================== Departments --------------------------------------------------- WWII numismatics seminar at ANA Summer Seminar 2001 --------------------------------------------------- Not only does the scholarship fund have an official identity but also has a bank account! Any further donations should be paid to the order of "Military Numismatists Scholarship" and sent to: Military Numismatists c/o Marcus Turner 8103 East US Highway 36 Suite 163 Avon, IN 46123 THE UPDATED LIST OF SCHOLARSHIP BENEFACTORS 3/22/01. These folks have generously provided money or material to finance scholarships to the ANA WWII Numismatics seminar. Your contributions will help promote collecting WWII material and be greatly appreciated. Many donations were received at CPMX and MPCFest. Mr. Anonymous Donor, Mike Cummings, Sue and Keith Bauman, Ed B., Doug Bell, Tom Denly, Denly's, R. A. Medina, Harold “MPCKid” Kroll, Leo "Paymaster" May, Mrs. R.C. Matherne, Bill McNease, Mel and Jeremy Steinberg, Marcus Turner, Larry Ski, Guido, Fred, PK6, Joel Shafer, World Wide Ventures, Pam West, John and Nancy Wilson, Neil Shafer, W. E. Yanchick, Mark Watson, Al Glaser, Phil Goldstein, Rod Hardy, Wesley Hardy, Gary Hicks, Jack Lippincott, Ian Marshall, Kevin Maloy, David Seelye, Nick Schrier, Elmer Smith, Dan Swartz, Tom Warburton, Dick Freyser, Tim Kyzivat ==================================================== Post/Base Exchange (PX/BX/NEX) Dump your dupes! Your classified advertisement for items for sale will be run here for free. Send your ads to the gram. This service is for everyone, most humble dealer or most advanced collector. The point is to make the gram more interesting. Send in a list of items for sale and we will list them here in the gram. In all cases confirm your order via email first. FOR SALE For Sale: German Konversionskasse Scrip, used to finance the war effort and also is stated that they were given to the Jewish people in exchange for their money and valuables to be redeemed when they were released. Of course we know now that this did not take place. Choice CU 5RM 1933 Series B @65.00, Choice CU 5RM !934 Red Overprint, Series E @75.00 or the pair for 120.00 ppd. Contact Mpckid@papermoneyworld.com FOR SALE: Application for U.S. Defense Savings Bonds-Series E, Treasury Department Form PDE 1686 circa World War II, 8.5" X 5.5", AU $3.00 ppd. frank.clark@rediform.com Here is what is available from MPCFest II: Souvenir card $25 (50 produced) Bronze “challenge coin” $5 Copper “challenge coin” $25 (silver sold out, only one of copper available) In addition to the above souvenirs, the following MFC Series 011 notes are available at face value. Note, these are NOT souvenirs as they are still current and spendable. Series 011 $1, 2, 5, 10, and 20, total face value of one set $38. Payment can be accepted by all of the traditional means including paypal using fred@papermoneyworld.com. Traditional paper payments may be sent to Fred Schwan, 132 E. Second St., Port Clinton, Oh 43452. WANTED Collectors may submit lists of items wanted for their collections for listing here. Dealers and collectors who have these items are then encouraged to list them for sale in the above section. This is a trial, if you like it, send your list. =================================================== Staff: publisher and editor: Fred Schwan - fred@papermoneyworld.com; assistant editor - Phil Goldstein IWANTMYMPC@aol.com critic: Harold Kroll - MPCKid@papermoneyworld.com; index manager: Ed Beaman webmaster & technical advisor: Doug Bell - (Wiz): doug@papermoneyworld.com; The Boss: Judy Schwan ===== MPC Gram is published by BNR Press and papermoneyworld.com as a free service to the community of military money collectors. Your suggestions, criticisms, complaints, editorial contributions, letters, and even praise are very welcome. The entire contents including linked illustrations are copyright protected by the publishers. In the case of contributors, the copyright is protected on behalf of the creators. Please send all correspondence regarding the gram to MPCgram@yahoo.com. Thank you very much for your participation. __________________________________________________ Do You Yahoo!? Yahoo! Auctions - buy the things you want at great prices http://auctions.yahoo.com/