Value of Series 481 $1 Military Payment Certificate

Value of Series 481 One Dollar MPC

Type: Series 481

Denomination: One Dollar

Number of Notes Printed: 25,480,000

First Issued: June 20, 1951

Redeemed: May 25, 1954

Value In Very Low Grades: $5

Value In Perfect Condition: $60

The series 481 one dollar military payment certificate is really the first modern MPC note to have a unique design. All of the previous notes just had one design for the whole series and there were slight adjustments made for each denomination. The $1 bill here actually has some fairly advanced designs. It still has your standard text related to who can use MPCs: “for use only in united states military establishments by united states authorized personnel in accordance with applicable rules and regulations.” As we have said for all series 481 notes, there are some rare varieties out there. Send us an email with pictures of what you have and we can advise as to the value.

Want to Sell Your MPC Currency? We can’t help you value your military payment certificates over the phone. However, if you send us pictures of what you have then we will respond back quickly with some accurate values. We are also buyers in most cases.