Mildly Interesting

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A 'Military Payment Certificate' I found in a stack of old currency (i.imgur.com)

submitted 11 months ago by GraniteM@lemmy.world to c/mildlyinteresting@lemmy.world

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[–] FlyingSquid@lemmy.world 8 points 11 months ago (2 children)

I wonder if you could exchange it for US dollars or if it was only usable in military commissaries?

[–] Got_Bent@lemmy.world 10 points 11 months ago* (last edited 11 months ago)

I remember seeing this on pawn stars. They said the purpose was to stop black market flows of US dollars into foreign countries. I think it was particularly prevalent in Korea and Vietnam.

What they didn't talk about is what you would do with your stack of certificates when your tour was up and it was time to go home.

Edit: They were convertible to local currency when on leave and US dollars when returning home.

[–] Rhynoplaz@lemmy.world 5 points 11 months ago* (last edited 11 months ago)

I would bet they were the Chuck E Cheese tokens of the military. 300 more and you can get a plastic snake!