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The E-Sylum: Volume 19, Number 18, May 1, 2016, Article 25

HOW HOWARD DANIEL GOT MPCS WHOLESALE

E-Sylum regular Howard Daniel was a participant at the recent MPC fest for collectors of Military Payment Certificates. In a letter to the Editor published in the April 25, 2016 MPC Gram newsletter, Howard recounted how he accumulated large numbers of the notes while serving in Vietnam. I added an MPC image for illustration. -Editor

MPCM59r.15090638 Military Payment Certificate I was going through my "black hole" library today and found a reference which lists the name of the dealer I sent all of my MPCs to during the Vietnam War from January 1966 to January 1973. It is Jim Wilson's House of Hobbies, Minong, WI 54859! I had forgotten about him.

Whenever there was a change to a new MPC series, I would visit my favorite bar in Saigon and look through the owner's stash of "worthless" old series notes. I would pick out the AU and better notes and pay her 10 Cents on the dollar. I would first set aside the replacements and notes I needed for my collection, then create several envelopes for what I sent to Mr. Wilson. I sent him hundreds of notes and he bought them at 10% over face! So many of the high grade MPCs that you have seen are from Jim Wilson selling them. His checks went to my bank account at the National Bank of Fort Lauderdale and not back to me in Vietnam.

I was also often the Pay NCO with a Pay Officer and I got a bunch of notes in my wallet ready to exchange for replacements when I saw them. I saw VERY few of them but I got all of them still in my collection.

Fred Schwan thinks I was breaking a regulation by mailing the "old" MPC back to the USA and selling it. Before I sent back my first envelope to Mr. Wilson, I visited the MACV Hqs JAG office and talked to a JAG officer about it. He told me that on "C Day", the old series became scrap paper and I could do anything I wanted to do with it.

I also bought many MPCs while I was back in Vietnam from 1989. In those early years back there, MPCs were all less than a US$ a piece. There were sometimes suitcases of them sitting in a shop and they included the VOID and/or Evidence MPCs, which I bought! But by the mid-1990s, the suitcases no longer appeared in the shops.

Hope you like this background information to many MPCs being in the USA and elsewhere because of what I did after "C Days" during my six years there and for five or six years from 1989.

The Master Sergeant Daniel

To read the complete issue, see:
MPC GRAM SERIES 11 No.2307 25 APRIL 2016 Fest XVII Report Part 2 (http://us13.campaign-archive1.com/?u=10eb366ab80344a56657e0d5d&id=2a83aa7f69&e=f71a788d6b)

Advocates Ad 2016-03-13a Sell Realize More Money

Advocates Ad 2016-03-13b Sell Realize More Value


Wayne Homren, Editor

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