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Commission Scrip $5 - Obsolete Notes

Inv# OB1613   Paper Money
State(s): California
Years: (1870's)

$5. Oakland, CA. Clocks, watches, etc.

Patent: Tiffany Brothers. In response to the business panic of 1873 Nelson Otis Tiffany and Oscar Fitzallen Tiffany, the Tiffany Brothers, devised a redeemable advertising card called "Commission Scrip". Because of the severe economic downturn shop owners preferred receiving cash for purchases and those purchasers who did pay in cash expected to receive a discount. The Tiffany Brothers scrip was intended to encourage cash sales for the merchant.

Condition: C.U.
Item ordered may not be exact piece shown. All original and authentic.
Price: $203.00