United States 1935 - New Jersey 1 Dollar Borough of Palmyra Municipal Scrip Specimen (General Obligation)
The engraved legal text contains no reference to schools, utilities, or special-purpose funding. Instead, it defines a broad municipal obligation, reflecting the need for flexible, small-denomination instruments suitable for everyday payments, payroll settlement, and tax offsets. By 1935, such scrip had become a normalized feature of local governance in smaller American towns, where access to credit markets remained limited and cash circulation was still constrained. Read more →
Uncirculated Specimen
United StatesMunicipal Scrip Specimen19351 DollarUncirculated Specimen Municipal ScripBorough Issued ScripGeneral ObligationInterest Bearing Instrument1 DollarBlue Engraved NoteSpecimen OverprintSerial Number A0000Guilloche Security MedallionE. A. Wright Bank Note CompanySecurity PrintingDepression Era PrintingMunicipal Finance InstrumentGreat DepressionMunicipal Finance HistoryNew Jersey Monetary HistoryUnited States Fiscal HistoryUnited States1935New JerseyBurlington CountyPalmyraPick UnlistedMuseum GradeR9 Extremely RareUnique
Held