United States 1934 - New Jersey 10 Dollars County of Atlantic School Scrip Specimen (November 1 Issue)
The instrument bears interest at the rate of four percent per annum from the date of issue until redemption, a feature that distinguishes it from circulating municipal scrip and aligns it more closely with short-term debt obligations. It was transferable by delivery and functioned as both a payment medium and an interest-bearing acknowledgment of indebtedness, designed to bridge the gap between delayed tax collections and immediate educational expenses such as teacher salaries, maintenance, and instructional operations. Read more →
interest-bearing instrument
United StatesMunicipal Scrip Specimen193410 DollarsUncirculated Specimen School ScripCounty School ScripSchool Tax InstrumentInterest Bearing Instrument10 DollarsRed Engraved NoteSpecimen OverprintSerial Number P0000Guilloche Security MedallionE. A. Wright Bank Note CompanySecurity PrintingPrivate Banknote PrinterDepression Era PrintingMunicipal Finance InstrumentGreat DepressionSchool Finance HistoryCounty-Level ScripMunicipal Debt InstrumentNew Jersey Monetary HistoryUnited States Fiscal HistoryUnited States1934New JerseyAtlantic CountyPick UnlistedMuseum GradeR9 Extremely RareUnique
Held