Value of Series 481 5 Cent Military Payment Certificate

Value of Series 481 Five Cents MPC

Type: Series 481

Denomination: Five Cents

Number of Notes Printed: 23,968,000

First Issued: June 20, 1951

Redeemed: May 25, 1954

Value In Very Low Grades: $1

Value In Perfect Condition: $15

If you are going to collect series 481 military payment certificates, then you better have a keen eye. All of the fractional denominations have the exact same design. The text “for use only in united states military establishments by united states authorized personnel in accordance with applicable rules and regulations” is written on the front of each note. You will also see a number between 1 and 84 written on the face of each five cent note. That is the position number. Every MPC note has a position number. Sadly, that never adds to the value. With that said, most five cent MPCs are very common; but there are some rare ones out there. Send us pictures of what you have and we can check it for varieties.

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.