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MPC Gram
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Covering the entire World of Military Numismatics
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Series 003 - Number: 582,     Tuesday, 02 APRIL 2002
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- 332 days to Fest IV -_


FEATURED ARTICLE

By Joseph Boling

26 February 2002 submission

More personal experiences
    Last week I wrote about my use of MPC as an Air Force brat. When I entered the Army in 1964, my first assignment was to Germany for three years. All locations in Europe had already converted to green, so there were no MPC in my wallet. I had been introduced to paper money as a collectible as early as 1956, when I acquired some Mexican revolutionary notes as souvenirs (and, as a stamp collector, I had paid close attention to the notes that we had used in Morocco and Japan, both MPC and indigenous notes).
    In late 1964 I went to a coin and stamp show at Ramstein Air Base. One of the dealers had obsolete German notes in a loose stack--buyer's choice for 20 pfennigs each. That was a nickel a piece. Most were 1923 inflation notes, but there were also the earlier Reichsbank notes that were engraved with beautiful vignettes and scenes. I discovered immediately that notes were a lot prettier than stamps--you could put so much more on a note. I bought a dollar's worth and hardly looked at stamps again.
    I started looking for types and varieties in the various antique shops (there were no coin stores per se). Many such places had one or more drawers full of obsolete notes in a chest somewhere in the store. I soon found that non-German notes were very hard to find. The next most available were Austrian, followed by other central European countries (very little France, some Italy, some Bulgaria  [but not the now-common 1951 series], some Romania). I did not get to put much in my collection the first two years; Worms (where I was stationed) is a pretty small city.
    My third year was in Munich. There I really started building a collection. Not only were there more junk and antique shops, there was a weekly flea market, and the major banks proved to be treasure chests. Munich is close to what was then the Eastern bloc. People coming out of Czechoslovakia or Hungary brought out obsolete US notes, which they exchanged for marks. Those dollars ended up in the foreign exchange windows of the major banks. Whenever we had a US holiday that was not a German holiday (such as Thanksgiving or Memorial Day), I would spend the day touring those foreign exchange windows. I would ask for the old, large-size notes or any small notes with seals in colors other than green or blue (remember that silver certificates were still circulating). Mostly I was able to trade dollar for dollar across the counter. Once in a while a teller insisted that I buy the notes with marks, which meant that I had to first buy the marks, so he got two commissions. Grump.
    I picked up, in a year, several hundred dollars face in large-size and obsolete small-size notes. In one of my dumber moves, one day I passed a red seal large size FRN in favor of a gold certificate (that bank had about $120 in face that day, and I only had about $30 left when I got there). I ought to have known better--I had lots of gold certificates, and that was the only red seal FRN I ever saw. But that was still in the days of gold restrictions (I could not legally buy the gold coins that every bank had available), so there was a certain mystique about gold certificates that made them seem more desirable.
    In early 1967 the great silver certificate rush started, with large dealers in the States buying them at a premium so that they could exchange them for silver bullion at the treasury. The US finance offices were also instructed to withdraw them; it was forbidden to pay them out once received, so I could not buy the at the finance office. I did pick up a few unusual pieces, $5 SC's in series I still needed for my type set, from a friendly finance officer. But I was able to buy them in town without restriction, and the German banks were making no effort to withdraw them or send them to the States for redemption. I added a few hundred dollars worth of them before I got back to the States in November 1967.
    Central Germany was barren of those old notes. Frankfurt was absolutely picked clean. Munich remained pretty good the whole year I was there, and I made one trip to north Germany, visiting Hamburg, Hannover, Bremen, and Bremerhaven. I got quite a few nice pieces on that trip, including a bison $10 treasury note. That particular bank was the only one at which I ever had to pay a premium. I don't remember how much it was (a percentage of face), but it was not much and I was happy to pay it.
    When I left Germany on the way to Vietnam, I immediately sold the duplicate type notes and silver certificates in New York (to Donald Brigandi), before heading to Texas to meet my wife for a few weeks of leave and then on to McChord for the flight west. We'll take it up there next week.


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EDITORIAL


The above article from Joe Boling is a reprint from the week of the Fest, at which time we had the Yahoo email failures. It has been reprinted for all who did not receive the first time around. Our apologies to Joe and those who did not receive..

Ok, the gram may look good, but I apparently I don't know what day it is... Gram 581 was marked with correct date, but the day listed was Wednesday. It should have read Monday. My apologies to all readers for aging them prematurely. I also added a countdown timer to the top of gram... Counting down the days to the next Fest. It is NOT automatic as I have to change the days left manually, but I thought it would be a nice touch. Anyone know where I can get an automatic day by day countdown timer?  Ass't Ed.

We are introducing a new section in the Gram today. This section will be used for corrections and enhancements to the 4th edition MPC Catalogs... When a typo or omission is found, send in a report to the Gram or to me directly at: IWANTMYMPC@aol.com   I will need the page number, chapter, paragraph or location of error, and nature of problem with correction. It will then be posted in the Gram so everyone who purchased a book and who receives the Gram, can make the appropriate corrections/additions directly into their MPC Catalog. Because this section will appear for several Grams in a row, it will be listed under the Post Exchange section so as not to get in the way of regular changing articles and announcements. There are already corrections listed, so check then out below!


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MAIL CALL


NOW HEAR THIS, NOW HEAR THIS: IMPORTANT ANNOUNCEMENT!

All festers attending the Maastricht show are to report with paybooks in hand to Marcus Turner, upon arrival for special field pay operations.

Marcus Turner
American Consulting, Inc.
7260 Shadeland Station
Indianapolis, Indiana 46256-3917
Tel (317)547-5580 fax (317) 543-0270


Dear Gram,
    I just purchased a $1,000 Konversionskasse bond issued July 1, 1936 (# 224 on page 485 of WW II Remembered) in EF condition on eBay. The bond came with three $15 coupons attached at the top. It looks like there were originally 16 coupons. The coupons all have different dates and the serial number (008971) on them matches the serial number on the bond. The paper has a watermark and the seal is embossed so I believe the bond is genuine. 
    I won the auction at $25 and noticed the book lists its value at $400.  Also, the book does not mention or show the coupons. The person who sold this to me is offering several more similar bonds on eBay and they seem to sell for about the same price. Is the bond really worth $400 and what is the story on the coupons - do they make it more valuable?

    Lou Padgug



The new Gram format looks terrific, I really like the full page use instead of the half page in the past. Saves time and paper when printing it out. The use of color adds a little pizzazz and brightens up the looks. I would suggest that the Hot Contact List be accessible with a link instead of being in the daily gram. Not to take anything away from the donors to the scholarship fund but I feel an updated list once a week or possibly once a month would be suffice. This would allow more space for informational items, articles of interest, questions and answers, etc. The Gram is an addiction along with collecting, keep up the great work. Looking forward to the next issue.

Harold "the Critic" Kroll



Hi Phil,
You would usually expect to hear from me on
jpettit@accsoft.com.au  However could not resist complimenting you on the great gram & presentation. I love the colour, and its easier to check what is in the gram when I open it.
As soon as we get back from Maastricht, I will try to put something together.
Best Regards,

Tony James


In response to Guy Araby's letter:

If I am correct, I believe one or both of the 691 & 701 printings, did not have wrappers. They had a piece of stiff cardboard top and bottom, tied with? I know this, because I received an envelope a while back from Mr. 691, and in it were these pieces of cardboard, and in between the cardboard were a couple of notes. I threw the cardboard s away, and kept the notes. That night, Marcus got a hold of me and told me the cardboard's were the ends of the packs, and that issue didn't have the conventional wrappers we all know.  I did a little dumpster diving and found the cardboard ends, which now reside in my collection next to the rest of my wrappers. I suggest you send email to Marcus requesting more detailed info, as I cannot remember specifics, or hopefully, he can get an answer direct from Mr. 691. Best Wishes,

Philip M. Goldstein

Dear Gram,
What an outstanding gram yesterday's gram was. I was very impressed with the entire production. I am saving yesterday's gram as the first "color" gram - sure to be a collector's item. Yesterday's edition is to the gram,
what book MPC4 is to MPC! BRAVO!!


Brad Peacock


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CALENDAR OF EVENTS

WESPMEX:   12 -14 April
WESTchester Paper Money Expo
Stamp, Coin and Paper Money Show
175 tables
Westchester County Center, Bronx River Pkwy, White Plains, NY

ANA Seminar:   29 June to 5 July
W.W. II numismatics seminar at ANA Summer Seminar, July 2002
Session I
(Saturday, 29 June through Friday, 5 July, 2002)
Session II
(Sunday, 7 July through Thursday, 11 July, 2002)
general events will return

2003
CPMX 9:   20-23 February,
MPC Fest IV:   28 Feb - 2 March, Port Clinton, OH
Fest Registrants:
Leo May$$, Tom Warburton, Guido Crapanzano, Harold Kroll, Larry Smulczenski, Kevin Maloy, Doug Bell, Marcus Turner, Philip M. Goldstein, Jack Lippincot, Nick Shrier, David Seelye, Joe Boling, Gary Hicks, Fred Schwan, Dick Freyser.
Running total: 17
$$ = Paid in full
 
ANA:   19-22 March, Charlotte, NC

2004
CPMX 10: 26-29 Feb,
MPC Fest V: 5-7 March, Port Clinton, OH

2005
CPMX 11: 24-27 Feb,
MPC Fest VI: 4-6 March, Port Clinton, OH

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SCHOLARSHIP DONATIONS


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

or contact Marcus at:
maturner@indy.rr.com


Donors to 2002 Scholarship Fund:

Steve Feller                         Ed Hoffman                             Neil Shafer                         Gary Hicks
Harold Kroll                       Howard A. Daniel, III               Bill Yanchick                      Warner Talso  
R. A. Medina                      Keith and Sue Bauman             John & Nancy Wilson         Marv Mericle
Guido Crapanzano              Mr. 691                                   Dave Amey                        Mark Watson
David Seelye                       Ort Cowles                              Tim Kyzivat                        Gail Baker
Leo May                             Joel Shafer        
                                                                                    
                      ===================================================

HOT CONTACT LIST


Below is the BNR Press Hot Contact List. This list serves several functions. Obviously it is an outreach by the dealers listed for your business. Most of them buy and sell MPC. Others organize shows or publish periodicals. They have supported the new 4th Edition of Comprehensive Catalog of Military Payment Certificates with their advertising.

They deserve your support and patronage!


Dealers and resources for collectors:


Name                                                       phone/fax                                                               email

Allens                                                     (614) 882-3937   (614) 882-0662                           info@allens.com
American Coins & Collectibles          (800) 865-3562
American Numismatic Ass'n               (800) 367-9723                                                       ana@money.org

Bob Baker                                              (713) 864-3122
Ken Barr                                                 (408) 272-3247                                                      
 ken@kenbarr.com
Fred Bart                                                (810) 979-3400
Dick Balbaton                                        (508) 699-2266   (508) 643-1154                           RJBalbaton@aol.com

Keith and Suzanne Bauman                (248) 262-1514                                                       tnaksbauman@earthlink.net
Joe Bissell                                              (602) 440-0442    (602) 494-9103
BNR Press                                              (419) 732-6683    (419) 732-6683                          fredschwan@yahoo.com

Remy Bourne                                         (800) 789-7070   (763) 789-4747
Ed Carne                                                 (614) 882-3937    (614) 882-0662                         
 info@allens.com
Champion Stamp                                   (212) 489-8130    (212) 581-8130
Cookie Jar Collectibles                         (301) 604-9225                                                      
 cjcpi@comcast.net
Guido Crapanzano                                [39] 2-8056228    [39] 2-4459856
Currency Dealer Newsletter                (310) 515-7369
David F. Cieniewicz                              (205) 852-7015
CGC                                                         (602) 493-4758   (602) 494-9103                           sales@gradedcurrency.com

Cygnet Charters                                    (419) 734-2422
Ray Czahor                                            (301) 604-9225                                                       cjcpi@comcast.net

Doric Coins & Currency                      (508) 699-2266    (508) 643-1154
FUN                                                        (407) 321-8747

Philip M. Goldstein                               (845) 254-MPC1 [6721]                                        iwantmympc@aol.com  or  MPC Website
Great Lakes Bank Note Company      (419) 732-6683
Mike Cummings                                    (863) 603-9899    (863) 603-9880                         
 mpccoin@hotmail.com
Great Lakes Bank Note Co                  (419) 732-6683
IBNS                                                                                                                                      
 joeboling@aol.com
Essie Kashani                                        (909) 627-3996    (909) 627-2776                          kashani10@aol.com
Lowel Horwdel                                      (765) 583-2748    (765) 583-4584                          horwdel@inshightbb.com
Lyn Knight                                            (800) 243-5211
Krause Publications                             (715) 445-2214   (715) 445-4087  
                         bnr@krause.com
Harold Kroll                                           (251) 649-5134                                                       HARBONS@aol.com
Leo May                                                 (305) 271-8391                                                       LeoMayEnt@aol.com
Ian Marshall                                          (416) 445-0286    (416) 445-0286                          iam@total.net
Memphis Coin Club                             (901) 757-2515
MPCGram                                               (419) 732-6683                                                       MPCGram@yahoo.com
Bob Reed                                               (504) 361-5684                                                       bobreed@rrcoins.net
Fred Schwan                                          (419) 732-6683    (419) 732-6683                          FredSchwan@yahoo.com
David Seelye                                         (585) 594-1987   (585) 594-2311                           coinman@rochester.rr.com
Richie Self                                              (318) 868-9077
R. M. Smythe                                         (800) 622-1880    (212) 908-4047                          http://www.smytheonline.com/

Mel Steinberg & Son                           (415) 453-9750    (415) 457-4432                          melsteinberg@mindspring.com
Military Trader                                      (800) 334-7165
Scott Winslow Associates                 (603) 472-7040   (603) 472-8773  
                         scott@scottwinslow.com
George Warner                                      (307) 672-3700
Pam West                                              [44] 0208 641 3224   [44] 0208 641 3224          
    pamwestbritnotes@compuserve.com

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POST / BASE EXCHANGE   (PX/BX/NEX)


Dump your dupes! Your classified advertisement for items for sale, purchase or trade 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. In all cases confirm your orders via email first.

FOR SALE


Allied Military Currency, Series 1943
M10a    Forbes        1 lira     F $1           VF $3         XF $6         AU $9
M10b    BEP           1 lira     VF $3        XF $6         AU $9         CU $15
M11a    Forbes        2 lire     VF $2        XF $4         AU $6         CU $10
M11b    BEP           2 lire     VF $2        AU $6        CU $10
M12a    Forbes        5 lire     VF $2        XF $4         AU $6
M12b    BEP           5 lire     AU $8
M13a    Forbes        10 lire   F $10         VF $25        XF $50       AU $75
M13b    BEP           10 lire   F $10         VF $15
M14a    Forbes        50 lire   G $3          VG $6        F $10
M14b    BEP           50 lire   VG $6        F $9          VF $12
M15a    Forbes        100 lire VG+  $75
M15b    BEP           100 lire VG+ $75   F $100 (Short Snorter)
Please confirm at: hoffman@rabbitbrush.com



Fourth edition Comprehensive Catalog of Military Payment Certificates by Fred Schwan.
Order yours now:
Standard Edition (400 pages!)                                                               $  50
Collectors’s Edition (432 pages!)                                                          $  95
Researcher's Edition (432 page, 46 produced, limited to availability)      $125
All orders plus $4 shipping per order (NOT per book). Send snail mail payment to:
BNR Press
132 E. Second Street
Port Clinton, OH 43452
or PayPay using email: fredschwan@yahoo.com


MPC for sale:
Series 481 1 Dollar 3rd printing VF 55.00
Series 481 1 Dollar 3rd printing VF-EF 80.00
Series 481 1 Dollar 3rd printing EF 90.00
Series 481 1 Dollar 3rd printing EF-A.UNC 135.00
Series 481 1 Dollar 3rd printing A.UNC 175.00
Series 481 1 Dollar 3rd printing CH. UNC 300.00
Series 481 5 Dollars 1st Pinting VF 155.00
Series 481 10 Dollars 1st printing VF 80.00
Series 481 10 Dollars 1st printing EF 300.00
Series 481 10 Dollars 2nd printing VG-F 30.00
Series 481 10 Dollars 2nd print F tape residue 30.00
Series 481 10 Dollars 2nd printing F-VF 55.00
Series 481 10 Dollars 2nd printing VF 80.00
Series 481 10 Dollars 2nd printing EF 300.00
Series 481 10 Dollars 3rd Printing F-VF 65.00
Series 481 10 Dollars 3rd printing VF 75.00
Please confirm at:
coinman@rochester.rr.com


Very interesting replacement. Series 692 $10 (!!), serial number E00032007 pos 5. This SN demonstrates the system very well. Four positions completed = 32,000 notes. This then is from sheet number 7. Note is overall very fine, but looks extremely fine from the face. The centerfold that is strong on the back is not even noticable on the face. Two staple holes that saved the note from destruction 30 years ago at left. Yours for $3300, terms possible. Confirm at: fredschwan@yahoo.com


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 as a reply. This is a trial, if you like it, send your list.

Collector wants All USAFFE and AUSA Free Samar notes All 125th Infantry Regiment and Markings Guerrilla notes. I am also interested in any and all Guerilla Municipal issues.


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MPC CATALOG CORRECTIONS & ENHANCEMENTS


Page 18, Bottom - Users of Military Payment Certificates
Check marks were omitted from production copies of books. Please check off the following:
Australia:           641, 661, 681, 692
Canada:            461 through and including 591
Korea:              641, 661, 681, 692
New Zealand:   641, 661, 681, 692
Thailand:           641, 661, 681, 692
United States:    All
(date listed: 02 APRIL 2002)

Page 214, #855/r2 - Series 541 $1 Replacements,
Ending serial number is incorrect
Correct number is F1112000
(date listed: 02 APRIL 2002)

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Staff:


Publisher and Editor:                            Fred Schwan -                              MPCGram@yahoo.com

Assistant Editor:                                   Philip M. Goldstein -                   IWANTMYMPC@aol.com
Distribution Manager:                         Brad Peacock -                              bp22@swbell.net
Tuesday Columnist :                            Joe Boling -                                   JoeBoling@aol.com
Thurski Columnist:                               Larry "Ski" Smulczenski -           ski@prodigy.net
Friday Columnist:                                 Philip M. Goldstein                       IWANTMYMPC@aol.com
Critic:                                                      Harold Kroll -                                HARBONS@aol.com

Scholarship Coordinator:                    Marcus Turner -                           maturner@indy.rr.com
Fact Checker:                                         Warner Talso -                             
Calendar Coordinator:                          John & Nancy Wilson -
Index Manager:                                     Ed Beaman -                                  ebeaman@sprynet.com
    
Webmaster & Technical Advisors:   Doug Bell "Wiz" -                        doug@papermoneyworld.net
                                                                Russ Walsh -                                russ.walsh@gte.net
The Boss:                                               Judy Schwan -