United States 1934 — New Jersey, City of Asbury Park Tax Anticipation Note Five Dollars Recovery Bond Specimen (March 31 Issue)
This specimen represents an official municipal tax anticipation note issued by the City of Asbury Park, New Jersey, dated March 31, 1934, and denominated Five Dollars. Explicitly titled TAX ANTICIPATION NOTE OF 1934 and prominently labeled RECOVERY BOND, the instrument forms part of a coordinated municipal financing program implemented during the most severe phase of the Great Depression, when local governments faced acute revenue shortfalls and escalating insolvency risk. Tax anticipation notes were legally sanctioned debt instruments designed to convert expected tax revenues into immediate operating capital. ... Read more →
United StatesSpecimen19345 DollarsUncirculated Specimen Tax Anticipation NoteRecovery BondMunicipal Bond InstrumentCity Issued Obligation5 DollarsOrange Engraved NoteSpecimen OverprintSerial Number B0000Municipal SealE. A. Wright Bank Note CompanySecurity PrintingDepression Era PrintingMunicipal Finance InstrumentGreat DepressionTax Anticipation FinancingMunicipal Recovery ProgramsNew Jersey Monetary HistoryUnited States Fiscal HistoryUnited States1934New JerseyAsbury ParkPick UnlistedMuseum GradeR9 Extremely RareUnique