An exquisitely preserved piece in issue condition and phenomenal presentation, appreciated by PMG with a 67EPQ note.
Only 1 pcs is rated higher, and the total population in the 67EPQ note is 8 pcs.
The bill is graded with an EPQ bill denoting exceptional paper quality.
A perfunctory ticket of unknown authorship of PMG's graphic designers, watermark - a grid of squares with rounded corners.
Pass tickets with a face value of 1 penny were introduced on April 28, 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.
