A beautifully preserved pass ticket appreciated with a good note by PMG.
A perfunctory ticket of unknown authorship by PZGR graphic designers, watermark - a grid of squares with rounded corners.
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.
