Status: U Return-Path: Received: from web12706.mail.yahoo.com ([216.136.173.243]) by strange.mail.mindspring.net (Earthlink Mail Service) with SMTP id tsr33r.ktd.37kbi0u for ; Wed, 17 Oct 2001 09:49:47 -0400 (EDT) Message-ID: <20011017134946.63163.qmail@web12706.mail.yahoo.com> Received: from [205.188.198.177] by web12706.mail.yahoo.com via HTTP; Wed, 17 Oct 2001 06:49:46 PDT Date: Wed, 17 Oct 2001 06:49:46 -0700 (PDT) From: MPCgram Subject: MPCGram 461/3 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 461 Wednesday, October 17, 2001 Gram/Series 461 by Fred Schwan Yes, this is an important Gram. It is the first Gram number that equals an MPC series. Ok, we missed making the observation for Gram 100 which should have commemorated Allied Military A yen/MPC experimental series, but we missed that one, so we will have to start with this one. Hm, what can I tell about Series 461 that is not well known? Not an easy task. The first 461 notes that I owned were purchased from Ed Hoffman in about 1973. I had just started collecting and ordered a set of 461s from his list. The high values were in VF or EF. I can remember looking at them with a collector friend of mine in Lawton, Oklahoma where I lived at the time. We marveled at how nice they were. It was the condition that we liked, the notes are quite obviously plain, very plain. Even today 461 is not very scarce in the higher, circulated grades. This is probably because of the novelty of the issue. Series 461 was probably saved in greater numbers than later series because of this. Another possible factor is that more people may have been caught off guard when 461 was converted to 471 because this was a new experience. After that experience illicit holder of MPC would be more careful. Paul Garland was the second mail order dealer from whom I purchased notes. I did not need any 461s at that time because of the described transaction with Ed. Later I did discuss 461 with Paul. He said that in the 1950s or 60s he had purchased a large hoard of circulated 461s. Although Paul was prone to exaggeration, this is a plausible story based upon the length of time that he was "playing" with MPC and the relative availability of circs today. Uncirculated notes are a somewhat different story. They have never been great rarities, but neither have they been common, except for the following. In 1980 a dealer in England purchased an original bundle of 100 uncirculated $10 Series 461! I bought about 10 of the notes, possibly a few more, from the dealer and other dealers did the same. For awhile it was easy to purchase an uncirculated $10, but now they are hard to find again. If nothing else, this demonstrates the ability of the market to absorb a group of notes and this happened in 1980! If it were not for that bundle of uncs, the $10 would probably be as scarce as the $5 in uncirculated condition, that is to say very scarce. I think that the uncirculated $5 461 is a sleeper. I think that it is more scarce than we recognize and therefore underpriced. Replacements are not very rare for this series, but of course as the earliest series they are in high demand. The $5 and $10 replacemements are of course the scarcest and are semi keys. ============================================== Editorial ----------------------------------------------- As with the discussion above, I will fill in most of the other series as we come to them, but since we have some series specialists, I ask that they report on their respective series when the time comes. Specifically: Series 472 MPCKid Series 481 MPCSki Series 641 David Seeyle Series 651 Marv Mericle Series 691 and 701 Marcus Turner I am sure that everyone will agree that we look forward to your comments on these respective series. If you want my commentary/consultation before publication, get the articles done early and send them! ============================================== Mail Call ----------------------------------------------- Dear Editor, Isn't it great for me to find out about consignments from the mpcgram [#455] rather than my employees! Good news travels fast isn't it neat. Lyn Knight Dear Lyn, Your Gram is here to serve! Editor Editor; It doesn't do any good to publish Ed's announcement unless you also tell the readers Ed WHO and Ed WHERE. That gram you promised this morning has not materialized - it's about 18 hours later. Joe Hi Fred: My previous message was not clear. Please print the following: ANNOUNCEMENT: New price list (PEG-2) PHILIPPINE EMERGENCY AND GUERRILLA CURRENCY OF WORLD WAR II Now available for mailing. Send $1.00 for list or $2.00 for list and sample note. The first $100.00 in sales will be donated to the 2002 ANA Summer Seminar "Military Money" scholarship fund. Edward B Hoffman, PO Box 6039, Elko, Nevada 89802-6039 phone 775-753-2435 hoffman@rabbitbrush.com Many thanks, ED ================================================ Departments ------------------------------------------------- Calendar of events for Gramsters maintained by Howard Daniel, Nancy and John Wilson and Gram staff, last updated September 7, 2001 show reports are requested on all events. Even if it was not a great show, there must be something to report. What and whom did you see? Market activity? Share your observations and thoughts with Gramsters everywhere. ---------------------------------------------------- Special "MPC" events March 2002 8-10 - MPCFest III - reservations in order received: Guido Crapanzano, Harold Kroll, Larry Smulczenski, Gary "Got any fours" Hicks, Tom Warburton, David Seelye, Jack Lippincot, Phil Goldstein, Warner Talso, Nick Schrier, Tom Koch, Mark Watson, Bill Yanchick, Doug Bell, Sam Feeback, Bruce Potter, Elmer Smith, Marv Mericle, Fred Schwan {running total 19}] W.W.II numismatics seminar at ANA Summer Seminar, July 2002 Session I (Sunday, June 30 through Thursday, July 4, 2002) Session II (Sunday, July 7 through Thursday, July 11, 2002) --------------------------------------------------- Donations are now being accepted for scholarships to the 2002 "Military Money" course at the 2002 ANA Summer Seminar. Inquiries and donations should be sent to: Military Numismatists c/o Marcus Turner 8103 East US Highway 36 Suite 163 Avon, IN 46123 Donors to 2002 Scholarship Fund Steve Feller Harold Kroll R. A. Medina Guido Crapanzano David Seelye Leo May Warner Talso Marv Mericle Mark Watson Gail Baker ==================================================== 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 Following chits for sale (each comes with color copy of chit book cover): 1. VMR 153 COM Officer's Club, Air Base II, Tsingtao China, $1.00 booklet, Serial 197. .05, .10 chits (3/4" x 1 7/8"). - $20.00 for pair. Used 1946-49. indigenous printer. 2. U. S. Marine Corps North China, Officer Club Chit Book, Tsingtao China, 5.00 booklet, serial 13362 , .05, .10, .25, .50 chits.( 2" x 1"), $35.00 for all four. Used 1946-49. printer Hancock Bros. S.F. 3. Pacific Fleet Commissioned Officers Mess, Navy 3245, 2.00 booklet, serial 2514, .05, .25. (7/8" x 2") $20.00 for pair. Navy 3245 was Saipan Island. printer Hancock Bros. S.F.. 4. 1st Battalion - 5th Marines, Commissioned Officers Mess, Tangku China, 5.00 booklet, serial 448, .05, .10, .25 (2 1/2" x 7/8") $35.00 for all three.. Used 1946-49. printer A. J. Serobrennikoff Printers 5. U.S.F.E.T. (U. S. Forces European Theater), HQ Command Officers Club Coupon Book. serial 23449. 1/2M, 1M , (1" x 2"). $25.00 for pair. unknown German printer 6. Commissioned Officers' Mess Naval Air Base - Agana, Guam, 10.00 booklet serial C2753, .05, .10, .25 (2" x 15/16") 20.00 for three. Hancock Bros. S.F. 7. Commissioned Officers' Mess, Marine Corp Recruit Depot, San Diego. 5.00 Booklet serial B046427, .05, .10 (15/16" x 2"), 15.00 for pair. Globe Ticket Co. Los Angeles. 8. COM Marianas Commissioned Officers' Mess, 5.00 booklet, serial 14701, .05, .10,. .25 (15/16 x 2") 20.00 for three. Hancock Bros. S.F. 9. Peiping Officers' Club, Peiping China. 5.00 booklet, serial B528. .05, .10, .25 (9/16 x 2"), 40.00 for three. Hancock Bros. S.F. (Interesting paper - watermarked Protected Ticket Paper as anti-counterfeiting device) 10. Pacific Fleet Commissioned Officers' Mess, Navy no. 3923. 2.00 booklet serial 06223. N in Navy on cover is inverted (very unique error piece). .05, .10 (1' x 2"). 50.00 for pair. unknown local printer. Please email Tom Koch at kochfam@gte.net - Also willing to trade for WWII era Pacific Theater Navy chits. Particularly interested in chits with Navy number only (similar to item 3 and 10 above). 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 or sale in the above section. This is a trial, if you like it, send your list. =================================================== Staff: publisher and editor: Fred Schwan - MPCGram@Yahoo.com; assistant editor - Phil Goldstein IWANTMYMPC@aol.com distribution manager - Brad Peacock bp22@swbell.net Tuesday columnist Joe Boling – JoeBoling@aol.com Thurski columnist Larry “Ski” Smulczenski –skifla@prodigy.net critic: Harold Kroll - MPCKid@AOL.com; index manager: Ed Beaman webmaster & technical advisor: Doug Bell - (Wiz): doug@papermoneyworld.net; 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!? Make a great connection at Yahoo! Personals. http://personals.yahoo.com