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United States 1934 New Jersey Atlantic County School Scrip Ten Dollars specimen with red engraved design, serial P0000, interest bearing county school tax instrument, Great Depression era

United States 1934 - New Jersey 10 Dollars County of Atlantic School Scrip Specimen (November 1 Issue)

Unlike informal emergency substitutes or privately issued local notes, this instrument was grounded in a defined statutory and administrative framework. The engraved certificate explicitly states that the County of Atlantic was holding nine thousand one hundred eighty-five dollars in obligations of the Borough of Longport, New Jersey, received on account of the nineteen thirty-three state school tax. These obligations were pledged as security for payment to bearer, embedding the scrip within an intergovernmental structure linking municipal debt, county administration, and state-mandated education funding. Read more →

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
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United States 1933 Any City U.S.A. City and County Scrip Five Dollars specimen with brown engraved design, serial 0000, generic municipal master form, Great Depression era

United States 1933 - Any City, U.S.A. 5 Dollars City and County Scrip Specimen (Generic Municipal Master Form)

The engraved certificate acknowledges indebtedness to bearer in the sum of Five Dollars and is transferable by delivery. It bears interest at the rate of four percent per annum from the date of issue until redemption, with redemption tied to the payment of taxes or other indebtedness to the issuing city, as provided by the Board of Commissioners. The legal language is deliberately broad and non-specific, designed to satisfy statutory requirements across multiple jurisdictions while remaining adaptable to local authorization.

Brown Engraved Note E. A. Wright Bank Note Company Private Banknote Printer
United States 1933 New Jersey Borough of Palmyra Municipal Scrip Five Dollars specimen, brown engraved design, serial V0000, general obligation borough instrument

United States 1933 - New Jersey 5 Dollars Borough of Palmyra Municipal Scrip Specimen (General Obligation)

The engraved legal text contains no reference to schools, utilities, or earmarked purposes. Instead, it defines a broad municipal obligation, reflecting the need for flexible instruments capable of addressing payroll, vendor payments, and routine civic expenses during a period when conventional credit access was constrained and tax collections were delayed.

Brown Engraved Note E. A. Wright Bank Note Company
United States 1935 New Jersey Borough of Palmyra Municipal Scrip One Dollar specimen, blue engraved design, serial A0000, general obligation borough instrument

United States 1935 - New Jersey 1 Dollar Borough of Palmyra Municipal Scrip Specimen (General Obligation)

Municipal scrip differed from tax anticipation notes and formal bond issues in that it functioned as a direct acknowledgment of indebtedness by the issuing municipality, intended for circulation or settlement within the local economy. In Palmyra’s case, the scrip was structured as a general obligation of the borough, transferable by delivery and bearing interest at the rate of three percent per annum from the date of issue. It was expressly acceptable in payment of taxes or other indebtedness to the borough, or redeemable on a date to be fixed by the Borough Council, embedding it directly into the municipality’s fiscal operations.

Blue Engraved Note E. A. Wright Bank Note Company
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