United States 1935 — New Jersey, Borough of Palmyra Municipal Scrip One Dollar Specimen (General Obligation)
This specimen represents an official municipal scrip issued by the Borough of Palmyra, Burlington County, New Jersey, Series of 1935, and denominated One Dollar. It belongs to the later phase of Depression-era local finance, when smaller municipalities continued to rely on interest-bearing scrip to manage routine obligations amid prolonged economic strain and uneven recovery. 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. ... Read more →
United StatesSpecimen19351 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