MPC Gram
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Covering the entire World of Military Numismatics
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Series 003 - Number 583 Wednesday - 03 APRIL 2002
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__331 days to Fest IV__
MPC BREAKTHROUGH ! ! !
By Russ Walsh
Doug Bell mentioned in a recent article (and at MPC Fest) that there was an
anomaly in the series 541 25-cent notes. This only effected notes with high
serial numbers (the last unit, 17). The position numbers of these notes do
not calculate out correctly using the formulas that work on other fractionals.
I, of course, saw this as a challenge, and set out to discover the cause of
this and find a formula that will work.
After days of long and tedious work at crunching the numbers, (OK, maybe only
a couple of hours) I hit upon a formula that both correctly identifies
the position numbers, and provides some possible reasons.
Unit 17 of this note seems to have been halved into 2 units (17 and 18),
each with only 4000 sheets instead of the normal 8000.
Six notes are in the MPC database that are affected by this:
Serial Numbers:
10887830 10894775 10895621 11225349 11339022 11342778
Position Numbers:
34 36 36 35 63 64
Calculated position Number:
17 18 18 60 74 74
Subtract 10752000 from serial # (84 notes/sheet * 8000 sheets * 16 units)
(This brings the serial # down to the first unit of 8000)
135830 142775 143621 473349 587022 590778
84 notes/sheet * 4000 sheets = 336000
If the serial number is above 336000, then this is the 18th unit, subtract
this number to bring it down to the first 4000 sheets.
137349 251022 254778
Divide the final number by the 4000 sheets, and round UP to the nearest
integer, this should match the actual position number.
33.9575 35.69375 35.90525 34.33725 62.7555 63.6945
34 36 36 35 63 64
The best way to calculate the position is to use the exact same formula
used for other fractionals, and change the 8000 to 4000, but ONLY for
notes with a serial # of 10752001 or higher.
It is possible that 4000 is not the exact number. For example, if the
unit was split 3395/4005, this formula will give the same results for
these specific serial numbers. Two serial numbers in sequence that
bridge position numbers would allow us to be sure of this number.
I can think of two reasons for breaking up the unit of 8000 sheets into
two 4000 sheet units.
1. They planned on only 4000 sheets worth of notes, but then later on
decided that more were needed.
2. The unit was split in two to run in parallel on two presses.
My choice would be #2. If two presses were utilized, the first 16 units
could be printed in parallel, then the last unit split to finish quickly.
One way to determine whether this might have occured is if two notes with
the same position number, but in different units, were compared to determine
if two different plates were used.
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EDITORAL
All I can say is
WOW! That certainly is a breakthrough concerning the infamous Series 541! I personally agree with reason number 2, as it seems the most logical, and knowing the problems Tudor Press was going through at the time (remember, this is do or die time for them - BEP was getting ready to take over production), it would seem logical they would want to speed up production. Ass't Ed.==============================================
MAIL CALL
Phil,
Nice job on the new look for the Gram.
Next, how about pictures and music?
David Klinger
Love the new GRAM !!!!!!!!! Keep up the good work.
Jerry Smith
Yes, the Gram's new look is GREAT!! You do good work Phil.
David Seelye
John Glass
Phil: noted your comment on the wrappers! Your right, no wrappers for Series 691/701. But yellow for $1 works! I forgot that part of the story in the BNR! Bye! :)
Guy Araby
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CALENDAR OF EVENTS
WESPMEX: 12 -14 April
Stamp, Coin and Paper Money Expo
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
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
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:
maturner@indy.rr.com
or
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 Joel Shafer Gary Hicks
Harold Kroll Howard A. Daniel, III Gail Baker Tim Kyzivat
R. A. Medina Keith and Sue Bauman Mark Watson Dave Amey
Guido Crapanzano Mr. 691 Marv Mericle John & Nancy Wilson
David Seelye Ort Cowles Warner Talso Bill Yanchick
Leo May Neil Shafer
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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 Comprehensive Catalog of Military Payment Certificates with their advertising.
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)
FOR SALE
ALLIED MILITARY CURRENCY OF ITALY, 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)
ALLIED MILITARY CURRENCY OF ITALY, Series 1943A
All Forbes printing with (F) secret mark
M18a A-A 5 Lire XF $10 CU $20
M18b A-B 5 Lire VF $5 XF $10 AU $15 CU $20
M19a A-A 10 Lire VG $4 F $6 VF $8 XF $10 AU $15 CU $20
M19b A-B 10 Lire VG $4 F $6 VF $10 CU $25
M20a A-A 50 Lire VG $3 F $6 VF $10 XF $20 AU $50
M20b A-B 50 Lire F $6 VF $10 XF $20
M21a A-A 100 Lire VG $10 F $15 VF $20 XF $30
M21b A-B 100 Lire F $10 VF $15
M21c A-C 100 Lire VG $10 F $20 VF (stain) $30
M22 A-A 500 Lire VG/F $65 F $90
M 23 A-A 1000 Lire VG/F $50 F $75 VF $100
Please confirm at: hoffman@rabbitbrush.com
Fourth edition Comprehensive Catalog of Military Payment Certificates by Fred Schwan shipping about March 5. Order yours now:
Standard Edition (400 pages!) $ 50
Collector'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 PayPal using email: fredschwan@yahoo.com
Very interesting replacement. Series 692 $10 (!!), serial number E00032007 position 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 noticeable 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
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
Page 214, #855/r2 - Series 541 $1 Replacements,
Ending serial number is incorrect
Correct number is F1112000
(date listed: 02 APRIL 2002)
Page 284, It is broken down into (2) printings on page 284. That's correct, BUT, on page 220 see #884/2r, he lists only (1) printing reported. It should "list" both as outstanding, and values too! First and second printings. I will watch and report other things as we read on.
Guy Araby (date listed: 03 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 - skifla@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 -