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Obverse Design
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Two rectangles are side by side, centered on the chit. The left
rectangle is about 37 mm wide, and the right rectangle is only about 7 mm wide.
The rectangles are about 21 mm high. Across the top of the left rectangle
is a banner in reverse colors which says "POST EXCHANGE". The banner starts
out tall, gets shorter in the middle and then gets tall again at the other end.
The top of the banner stays straight, and it is the bottom of the banner that
curves up in the middle.
In the center under the banner in large font is the denomination "1¢".
On the left of the denomination in two lines of small letters it says "Good"
and "For". On the right of the denomination it says "In" and "Trade".
The next line says "FORT SHERMAN". The following line says "CANAL ZONE".
The bottom line in smaller size says "Not Good If Detached".
The right rectangle has the serial number that reads sideways from top to bottom.
It is "13005" in the example above. The example above was cancelled.
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Reverse Design
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Blank.
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Color
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White with the banner in blue ink; the rest of the design and lettering
is in red ink.
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Material
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Light-weight cardboard.
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Size and Shape
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Rectangular, 52.5mm wide by approximately 26 mm high. Top edge is perforated,
bottom edge is usually perforated but may be straight.
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Dates Issued
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Unknown. Appears in Hill's 1969 catalog.
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Issurer
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Fort Sherman, on the west bank of the Canal across from Cristobal/Colon
(this is on the Atlantic side of Panama).
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Mintage
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Unknown.
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Rarity
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Very Rare.
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Manufacturer
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Unknown.
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Source
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Plumer's Catalog number: Sherman P.E. #1-W, Hill's Catalog.
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Varieties
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This is only known 1 Cent variety.
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Function
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Post Exchange chit.
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Notes
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For population count, known specimens are as follows:
- Specimen #13005 cited by Hill, cancelled "EL".
- Plumer Specimen #13005 cancelled "EL", pictured above.
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