The Evolution of Chromatic Type by JAMIE CLARKE from ilovetypography.com

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Colour fonts or chromatic type are not new. The first production types appeared in the 1840s,1 reaching a peak of precision and complexity a few decades later as efficiencies in printing enabled greater creative freedom. In 1874 William H. Page of Greeneville, Connecticut, published his 100-page Specimens of Chromatic Type & Borders2 that still has the power to mesmerise designers today.

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More: http://ilovetypography.com/2017/04/03/the-evolution-of-chromatic-fonts/