United States 1934 - New Jersey 5 Dollars City of Asbury Park Tax Anticipation Note Recovery Bond Specimen (March 31 Issue)
Tax anticipation notes were legally sanctioned debt instruments designed to convert expected tax revenues into immediate operating capital. In early 1934, municipalities such as Asbury Park relied on these instruments to maintain essential civic functions, meet payroll obligations, and sustain public services while awaiting the collection of property and other local taxes. This issue was authorized pursuant to Chapter 192 of the Laws of 1917 of the State of New Jersey, as amended, situating it within an established statutory framework rather than an improvised emergency measure. Read more →
United StatesTax Anticipation Note Specimen19345 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
Held