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MPC Gram
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Covering the entire World of Military Numismatics
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Series 003 - Number 607     Saturday - 27 APRIL 2002
___________________
__307 days to Fest IV__


FEATURED ARTICLE



M*A*S*H & MPC

by David Klinger

episode: "Give Koreans a Chance"
by H. C. Lechuk


       The episode I'm discussing revolves around scrip, the currency being used by the military at the time of the war.

       From time to time, the military would issue new scrip at a one-to-one exchange rate for the old scrip. It did this to control the black market use of the scrip. Only army personnel could exchange old bills for the new ones.
The MASH unit (the 4077th), like other army units would occasionally use scrip to pay for services rendered by the local Korean civilians. The Koreans could, in turn, use the scrip to buy needed supplies. The change to new scrip could really screw the Koreans up. They had been paid for their work in old US military scrip. But, they were not allowed to exchange it for the new scrip. That meant that any old scrip they were currently holding would become useless. It would be as if all the money in your wallet became suddenly worthless.

       One of the doctors in the MASH unit, resident bad guy, Dr. Charles Winchester, realizes the predicament the Koreans are in. He hatches a plan to buy up the scrip from the local Korean village at ten to one. He'll give them one dollar of new scrip for each ten dollars of old scrip. Then, he'll rush back to camp in time to exchange the old scrip acquired from the Koreans at one to one. Charles will make a 900% profit. He strong-arms a local Korean tailor to help him execute the scheme.
      
       The tailor complains about his plight to two other doctors, the resident good guys, Dr. 'Hawkeye' Pierce and Dr. B.J. Hunnicutt. Hawkeye and B.J. decide to concoct a scheme to teach Charles a lesson. In the meantime, Hawkeye has a problem of his own. One of the soldiers in his care, a Private Boone, will be bedridden for the next little while and needs Pierce to exchange his $400 in old scrip for him. Hawkeye agrees but the money, placed in a small sack, is stolen. Private Boone doesn't believe Hawkeye. He thinks the doctor is giving him a load of crap. Boone thinks Hawkeye is a thief.

       The day of scrip exchange arrives. Charles drives his jeep to the nearby Korean village and collects the old scrip from the villagers giving them 10% in new scrip. On his way back to camp, he's stopped by some MPs (military police). The road back has been officially blocked . Actually, Pierce and Hunnicutt have gotten one of their MP buddies to fake this. Charles is forced to run back to camp on foot. He fails to make the deadline; the camp is now sealed off to all personnel and Charles is stuck outside. Just inside the camp, Pierce offers to bail Charles out of his predicament, but for a steep price. He'll give Charles the same deal that Charles gave the Koreans. Not wanting to be stuck with $400 of useless old scrip, Charles agrees to the exchange and receives $40 in new scrip from Pierce. Charles has been ripped off the same way that he ripped off the Koreans. Pierce, legally inside the camp, happily exchanges the old scrip for $400 in new, crisp bills.

       Pierce gives the $400 in new scrip to Private Boone to replace the money that was stolen. Everyone's happy and bad boy Charles has been taught a lesson. At least that's how I thought the first time I saw this episode in its first run more than ten years ago. When I saw the same episode as a rerun just a few weeks back, I was disturbed at the fact that everything was wrapped up nicely except for the Koreans who had still been ripped off.

       To make matters worse, the tag (this is the last two minutes or so of the show that come on after the last commercial) further resolved things while ignoring the Koreans. When Private Boone's $400 was initially stolen, Father Mulcahy, the unit's chaplain, publicly decried the crime over the public address system for the camp. He called for the criminal to repent and return the money, anonymously if he wished. Mulcahy's words apparently were very moving for he found a bag left at his doorstep with the $400, already exchanged into brand new scrip. Logically, to wrap up the story, since Private Boone had gotten the Korean villagers' money, these funds should be given back to the Korean villagers who would effectively get a one to one exchange. Instead, Hawkeye advises Father Mulcahy to keep the money for his own charitable works.

       Lets look at the net result of this episode. The Korean villagers lose 90 percent of their spending power. Father Mulcahy gets $400 for his work. Pierce loses $40 but he feels great because he came through for Private Boone. Charles comes out even but he's been taught a lesson about trying to rip someone off. Because the good Father will most likely spend his money on Korean orphans, the whole turn of events can be viewed as a monetary exchange from one Korean group to another. However, control of funds now rests with an American priest. We don't want to rip off you good Koreans, but we'd better control the money and decide where to spend it. Is that the message?
Perhaps I'm pushing the point a bit far. But why did the writers of this MASH episode choose to end it this way? It would have been logical to just return the money to the villagers. Moreover, why didn't Hawkeye and B.J. just offer to exchange things fairly for the villagers if they were so concerned about morality in the first place. It seems that the writers were concerned that the morality of the episode worked out in a pleasing fashion for the Americans. The Koreans, they're just props anyway. Ain't they? What do you think?

Post Script:
The episode referred to was aired in the sixth season of  M*A*S*H  on 8 Nov, 1977.  The title of the episode
was  "Change Day".  I watched it again today. At no time during the episode was the scrip referred to as Military Payment Certificates or MPC. Also the stage money looked like regular US currency and not MPC.

At the start of the episode COL Potter announced that "Tomorrow at 1600 Army Money will be exchanged - Red
for Blue". The next day Radar announced "bring your cash before it turns to trash".

In a sub plot in this episode, CPL Klinger decides the best way to get out of Korea is to apply to West Point. By the way, I am not related!

Dave Klinger

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EDITORIAL


Regardless as to the morality of the above episode (I saw it recently, it was aired locally here in NY about a month ago), my concerns are the following:

1) It's only TV, and although I'm sure there were civilians paid in MPC in Korea during that war a/k/a "police action", I'm quite sure some literary license was taken with the episode in question. This was not a documentary.

2) More importantly, (from an MPC obsessive/compulsives view): why wasn't the "scrip exchange" correctly called Conversion Day? Get it right!

3) Wasn't there a military regulation stipulating a soldier can't exchange more than approximately 150% his regular pay?  (or something to this effect) If so, how can Charles, Hawkeye, or anyone for that matter exchange $400 at a single conversion? I know in that era, Military Doctors didn't make that much....

4) I believe M*A*S*H was classified as a sit-com. (situation comedy, for all you non-couch potatoes) Although it did carry more than a few anti-war overtones, it basically was a comedy..

Since when are comedies written to be accurate? Do we question ethics on Seinfeld? Proper & safe tool usage on Home Improvement? Or how about the cowboy riding at full gallop, firing 57 times from a six-shooter, and yet he hits every Indian, (sorry: Native American) on the plain... No... we laugh. Thats's entertainment. Get the drift? It's only TV.

I'm sorry if I took this point too far... But I think when the time is right, we all need to take a reality check.

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MAIL CALL


       Now, in response to yesterdays letter from Trung, I have to say this: A few years ago, while I was still assembling my 94 piece set, I made a mention to Fred during a telephone conversation, that I was losing the same notes  repeatedly... I would bid the price listed in 3rd Edition, plus a few bucks for good measure. Apparently, and quite obviously, there was marked increase in demand for these particular notes, and bidding would go much higher than listed.

       Fred replied, don't be such a slave to book prices... Bid with your heart, not with the book. At first I challenged this thinking, saying what purpose of a price guide, if nobody will follow it.. Then I came around.. Book pricing? Who needs it... Sure, it's nice to have a price in a guide as a SUGGESTION, but not as the 11th Commandment.

       If you also remember, back before the 4th Edition was published, I put a letter in the Gram, and made phone calls to solicit input from an assortment of collectors who purchased notes in a variety of ranges... unc only, any condition, multiple printings, and everything in between and what have you, to help price notes for the new book. Nobody, and I mean not a single soul, ever wrote or called to say, "this price needs to be reviewed" "I disagree" etc. I heard that people disagreed, but never was a single note or price specifically brought up.

       I even went as far to suggest NO prices be listed in the 4th Edition, for several reasons:

1) No prices meant the book would remain "accurate" longer - facts remain unchanged: printing quantities, SN 
       ranges, etc...(with the exception of the replacement tally) - New discoveries wouldn't be listed in a book already 
       published, price list or no price list...
2) No disputes over pricing: what I paid, what you paid, who overpaid, who got a good deal.... etc
3) A lot of effort (and proofreading!) saved.
4) As more notes appear of a tougher issue, the market (hopefully) would self regulate. The collector would bid what
       they thought was fair, and if outbid, oh well. No more, "did you see the prce he paid for that note??? He's nuts!"
5) Fred could take out his T,O,U,G,H manifesto on "what is it worth?" (page 186)
6)
No price fixing to keep the value up on a note thought to be worth more 'cause someone paid alot for the note.

       Fred disgreed by stating, reference books without price guides don't sell as good as books with price guides.
I won't drag it out, by saying I disagree with that philosophy, but bottom line is Fred is author AND publisher. It's his book, and he gets to do it his way.

I'm sure, I'll get some disagreements over this letter. So, my parting words: where were you when the book was being written? Now there is nothing you can do, but wonder which prices should have been reviewed. Which are accurate, which are not. You snooze, you lose. No more complaining. I did enough of that.
Phil

*     *     *     *     *     *     *     *     *     *    


Hi Gramsters & Dave!    
First, the point of my original letter, was to bring to "light" (blacklight)  :)  that there are TWO (2) distinctive types of paper used on MPC!! I think this is an important variety! Proof is Series #651!  ALL notes (series #651) in "my" collection, are on "High Bright Paper"  I have 2 complete sets plus have dozen $5 & $10 to compare. This is the "Key!" for it proves there are two kinds of "paper!". ALSO  I am reporting my "FINDS" They are:

that some of my series #641 fractionals and one $1 and some of the fractionals of Series #692 ALSO are in "High Bright Paper"  And of the 600+ notes I examined "in CU only", only (1) Series #461 $10 glows like a "neon sign" or like a series #651 $10. It is probably a "rare run" perhaps an experimental "roll of paper" or an "agent" in the "bleaching process" in making the paper, that is sensitive to "Black light".  So Gramsters "Look and SEE!!" Report "YOUR High Brights"  I've reported MINE!! Just think of the added complexities of this impact to a "COMPLETE" set of MPC!! Multiple Printings!, Replacements! High Bright Paper mixed in to this! Turns a note to "Rare?" if it is the only one! Uncharted territory!  Thanks Again
Guy!

*     *     *     *     *     *     *     *     *     *   


ANNOUNCEMENT:

In the May 2002 issue of Bank Note Reporter, page 1 and 63, the sale of MPC in the upcoming Currency Auctions of America-Heritage Spring 2002 Sale to be held on May 17-18 at the Chicago Invitational Paper Money Show is noted.

This 3,500 lot auction will contain consignments from more than 130 consignors.  The auction has a run of MPC, including  two straight-zeros specimen sets as well as an offering of 111 pieces of Series 651 50-cent
notes.  This particular consignor has offered 13 dealer lots of common circulated notes in groups of 10 pieces each, 18 lots of crisp uncirculated notes in groups of 10-100 pieces each, and 30 lots of MPC Replacement notes.

For additional information, contact:
Allen Mincho at Allen@HeritageCurrency.com,  or telephone 830-693-7590
Len Glazer at Len@HeritageCurrency.com,       or telephone 718-268-3221
or visit their website at www.HeritageCoin.com
.



==============================================
CALENDAR OF EVENTS

2002

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

WESPMEX:   27 - 28 July
Westchester Paper Money Exposition - 175 Dealers
Westchester County Center, White Plains, NY

WESPMEX:   11 - 13 October
Westchester Paper Money Exposition - 100 Dealers
Westchester County Center, White Plains, NY

WESPMEX:   29 November - 1 December
Westchester Paper Money Exposition - 160 Dealers
Westchester County Center, White Plains, NY

2003

CPMX 9:   20 - 23 February,
MPC Fest IV:   28 Feb - 2 March, Port Clinton, OH
Fest Registrants: Doug Bell,  Joe Boling,  Guido Crapanzano,  Dick Freyser,  Philip M. Goldstein,  Gary Hicks,  Harold Kroll, 
Jack Lippincot,  Kevin Maloy,  Leo May$$,  Fred Schwan,  David Seelye,  Nick Shrier,  Larry Smulczenski,  Warner Talso,
Marcus Turner,  Tom Warburton

$$ = Paid          Running total: 17



ANA:   19-22 March, Charlotte, NC

===================================================
SCHOLARSHIP DONATIONS

Reminder: The deadline for scholarship applications is May 15
Please get them in soon.  To date we only have two applicants to date!


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:

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

===================================================
HOT CONTACT LIST - DEALER & RESOURCE 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, or furnish information dedicated to this field. They have supported the new Comprehensive Catalog of Military Payment Certificates with their advertising.

They deserve your support and patronage!

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
Guy Araby                                             (562) 945-7891      (310) 508-0018                guyaraby@earthlink.net

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
Mike Cummings                                    (863) 603-9899       (863) 603-9880            
   mpccoin@hotmail.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

Larry Gibbs                                            (308) 635-7900                                               oth@prairieweb.com
Philip M. Goldstein                               (845) 254-MPC1 [6721]                                iwantmympc@aol.com  or  MPC Website
Great Lakes Bank Note Company      (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
Peter Huntoon                                       Smithsonian Research
                                peter.huntoon@att.net
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 or Wide World of Banknotes
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               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


===================================================
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 order via email first.

FOR SALE
For Sale ads will run for a period of up to 5 days, or until sold.

See S/B WWII Remembered, page 301, #659 a, Tudor printed 20 Zwanzig deutsche marks, condition VF, blue front looks great, slightly rounded corners, back is primarily red with light greenish brown.
SN C11209704A, PN 2,
Asking $400 cash or trade for other MPC notes
Contact: forwebfootbob@earthlink.net

 

Have the following CU MPC NOTES:
Series 651 $10.00...........$200.00
Series 651 $5.00............$185.00

THE PAIR AT $380.00 POSTPAID.

Continental Coin Investors, Inc.
3123 N. HWY 98
Lakeland, FL 33805-2103

Email: mpccoin@hotmail.com
Website: www.internet4coins.com


Comprehensive Catalog of Military Payment Certificates - 4th Edition
by Fred Schwan

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 PayPal using email:
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.

WANTED Souvenir Card 'MPC Fest I' from the first MPC Fest.
(4/18)

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.
(4/18)

WANTED TO BUY: Bulk quantities of Afghanistan propaganda leaflets or related.
(4/18)

Looking for a Series 641 MPC, any denomination with the serial number J02283151J.
(4/18)

===================================================
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 201, Bottom Right - Very last sentence on this page
Two serial numbers listed for the second printing of
Series 472 .50 cent notes.  The first serial number listed is obviously in error as a nine digit number: C040351392C   
Correct Serial Number is: C04035139C
D Freyser (date listed 10 April 2002)

Page 207, #833/4  - Series 481 .25 4th Printing  (table listing serial number breakdowns)  line 5
Start Number is incorrect. It appears as:
(start) D14784001D   (end) D14784000D
Correct start number should be: D09408001D
PK6 (date listed: 03 APRIL 2002)

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

Page 220, #884/2r - Series 641 .50 Replacements

On page 284, it is broken down into 2 printings. That's correct, BUT, on page 220 he lists only (1) printing reported. It should "list" both first and second printings. 
Guy Araby (date listed 04 APRIL 2002)

Page 287, Series 661 Series Summary, 25 cent note: the "list" shows "#CU as 10(7) . It should read, 8(7). As only 8 are known in CU. Just recount P.289. 
Guy Araby (date listed 08 APRIL 2002)

Page 398, Series #541 $10 on  "UNC." price is $2500, on P.214 the UNC. price is $3500. Also the rest of the prices don't match all the way to "VG" on this issue. They should be the same price.
Guy Araby (date listed 08 APRIL 2002)

===================================================
Staff:


Publisher:                                               Fred Schwan -                              MPCGram@yahoo.com

Editor:                                                     Philip M. Goldstein -                   IWANTMYMPC@aol.com
Subscription Manager:                        Doug Bell -                                   doug@papermoneyworld.net
Tuesday Columnist :                            Joe Boling -                                   JoeBoling@aol.com
Thurski Columnist:                               Larry "Ski" Smulczenski -           skifla@prodigy.net
Friday Columnist:                                 Fred Schwan -                               MPCGram@yahoo.com
Critic:                                                      Harold Kroll -                                HARBONS@aol.com
Distribution Manager:                         Brad Peacock -                              bp22@swbell.net

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

The Boss:                                               Judy Schwan -