

“series 681”
This is a Series 686 Military Payment Certificate (MPC) in the 5 cents denomination from 1969, graded UNC. The note displays the characteristic dual-color printing of green and blue across both sides, featuring a military fortification with cross monument on the obverse and a serviceman in mountaineering gear on an alpine slope on the reverse. The sharp, clear printing and absence of wear confirm its uncirculated condition, making it an excellent example of Cold War-era military currency.
Common. Military Payment Certificates from Series 686 (1969) were produced in substantial quantities for distribution to U.S. military personnel worldwide. The 5 cents denomination, being a lower denomination with typical circulation among service members, suggests a large print run. No documented print run restrictions or recall information indicates scarcity for this series and denomination.
Military Payment Certificates were issued by the U.S. Army during the Cold War to regulate currency use in military installations abroad and prevent black market activities. The 1969 Series 686 MPC reflects the era's ongoing military presence globally, with imagery depicting military fortifications and personnel engaged in mountaineering or combat operations—symbolic of the diverse operational environments where U.S. Armed Forces were deployed during the Vietnam War period.
The obverse features a military fortification structure with a prominent cross monument, surrounded by silhouettes of military personnel on what appears to be a coastal or island defensive position, with water visible to the left. The reverse depicts a single uniformed serviceman in full combat or mountaineering equipment in an action pose on a snow-covered alpine slope. Both sides employ ornate decorative borders with geometric and floral patterns rendered in green, with the central vignettes executed in blue tones against a cream background. The denomination numeral '5' appears in all four corners of each side, emphasizing the note's value.
Front: 'MILITARY PAYMENT CERTIFICATE' (header), 'FIVE CENTS' (denomination), 'FOR USE ONLY IN UNITED STATES MILITARY AUTHORIZED PERSONNEL IN ACCORDANCE WITH APPLICABLE RULES AND REGULATIONS' (usage restriction), 'SERIES 686' (series designation), Serial number 'C06498919C', numeral '5' in all four corners. Back: 'MILITARY PAYMENT CERTIFICATE' (header), 'FIVE CENTS' / 'CENTS' (denomination), 'FOR USE ONLY IN UNITED STATES MILITARY ESTABLISHMENTS BY UNITED STATES AUTHORIZED PERSONNEL IN ACCORDANCE WITH APPLICABLE RULES AND REGULATIONS' (usage restriction), numeral '5' in decorative ovals in all four corners.
Intaglio (engraved) printing with multi-color separation technique. The fine line engraving visible throughout the note, combined with the sharp detail in ornate border patterns and the precise color separation between green borders and blue central imagery, indicates traditional Bureau of Engraving and Printing (BEP) intaglio methods standard for U.S. military currency production during this period.
This note represents the standard Series 686 variety with serial number C06498919C. The catalog notation indicates Pick number M75 for the 5 cents 1969 denomination. No significant varieties are noted beyond standard serial number variations. The series designation '686' on the obverse confirms this as part of the 1969 issue series for U.S. military use.