Collection PL

United States 1934 — New Jersey, City of Asbury Park Tax Anticipation Note Ten 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 Ten Dollars. Explicitly titled TAX ANTICIPATION NOTE OF 1934 and further identified on the design as a RECOVERY BOND, the instrument belongs to a class of short-term municipal obligations created during the most acute phase of the Great Depression, when local governments faced severe cash shortages and collapsing revenue streams. Tax anticipation notes were not emergency substitutes or informal scrip, but legally sanctioned debt instruments issued in advance of expected tax receipts. ... Read more →

Argentina 1869 — Banco Domingo Garbino, 1 Peso Fuerte Issued Note with Red Overprint (Pick S1802)

Issued 1 Peso Fuerte note of Banco Domingo Garbino, printed by the American Bank Note Company (Compañía Americana de Billetes de Banco Nueva York) and formally activated for circulation through the large vertical red overprint “DOMINGO GARBINO.” This overprint was the legal validation required to convert remainder stock (Pick S1791) into fully issued, signed, numbered, and payable currency. Pick S1802 represents the only surviving issued form of the Garbino 1 Peso denomination. The base design reflects ABNC’s late 1860s export engraving style. ... Read more →