An exquisitely preserved pass ticket with vivid color printing appreciated with a high note by PMG 65EPQ.
Piece in grading with an EPQ mark denoting exceptional paper quality.
Pass tickets were introduced into circulation on May 5, 1924, were a type of paper money issued directly by the Treasury rather than by the issuing bank, and temporarily replaced small coins, the shortage of which was felt in the market. These tickets were then gradually exchanged for coins or banknotes until June 30, 1932.
