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Denny-Renton Clay and Coal Co. Mine- Washington State. Cranberry ... Estill-KY Floyd County. 10 Cent, $1.00 Metal Scrip, Virginia Jellico Coal Co., Jellico, TN ... – PowerPoint PPT presentation

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Title: By: Xavier Pique


1
I OWE MY SOUL- THE USE OF COMPANY STORE MONEY
  • By Xavier Pique

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Denny-Renton Clay and Coal Co. Mine- Washington
State
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Cranberry Fuel Co, WV
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  • Eccles Mine, Raleigh County WV

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W.M. Ritter Frying Pan Mobile Logging Camp 1927
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  • Raleigh County, WV

Darr Coal Mine disaster near Van Meter, PA - 1907
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SCRIP- Also Known as Trade Tokens Flickers
Clackers Checks P'lolly Light-Weights Chinky
Tin Dingles Stickers Dugaloo
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  • SCRIPUNOFFICIAL MONEY
  • Used since ancient times
  • Pay Armies
  • Pay workers in isolated settings
  • Mines
  • Lumber Camps
  • Sugar Plantations
  • Colonies
  • Issued when official currency is in short
    supply

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  • SCRIP
  • Defined as
  • Any substitute for currency
  • Not legal tender
  • Often a form of credit
  • Redeemable for Merchandise
  • Paper (Bill-like)
  • Metallic or Fiber Tokens

26
  • TOKEN MATERIALS
  • Copper
  • Brass
  • White Metal
  • Aluminum
  • Bimetallic
  • Fiber (Cardboard or Similar)
  • Many with cutout

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  • Coal Mining and Lumber Companies
  • Paid Workers with scrip
  • Charged Rent- Company Housing
  • Co. Owned Tools
  • Owned Company Store
  • Provided all Services
  • Workers were in debt to Company
  • Unions NOT welcome
  • Way of Controlling Workers Lives

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Knapp, Stout Lumber Company Store- Prairie Farm,
Wis. 1870s
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Washington Coal and Coke
Company Star Junction, PA- Company Town. 400
Houses. 700 Employees as of 1897
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Vestaburg, PA Coal Company Town
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Isabella, PA
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  • The interior of the Mabscott Coal Coke Company
    Store. Shown Ollie W Dixon, manager (left behind
    counter) H. Gill, butcher (on right behind
    counter) and an unidentified customer. Picture
    taken in 1920's

33
Washington Coal Co. Pay stub, circa 1895 79
Wagons at 5 tons (total395 tons) loaded in 15
days, 40 cents per wagon, 30 tons/day
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  • BRANCH COAL COKE SCRIP, W.VA.,
  • .50 ,25,.10 .05

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COAL RUN COAL CO. SCRIP, CUNARD, WV. , .10
.01
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1 Cent BORDERLAND COLLIERIES CO. Mingo, WV
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1 Cent Millburn By-Products Coal
Company-Millburn, West Virginia. Fayette County.
Edkins 1907--C1--Rarity--8--Good condition.
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  • 1 Cent Aluminum Scrip
  • Carter Coal Co, Coalwood, W. Va

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1 Cent SNAP CREEK COAL CO SCRIP MINE TOKEN LOGAN
COUNTY, WV
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  • Coal Scrip 1 Cent Wells Elkhorn Coal Co.
  • Estill-KY Floyd County

41
10 Cent, 1.00 Metal Scrip, Virginia Jellico
Coal Co., Jellico, TN
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  • Olga Coal, Coalwood, WV
  • 1949

43
1.00 Olga Coal Co, Coalwood, W. Va 1943 Olga
Coal Scatter Tags
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  • Olga

5.00 Olga Coal Co, Coalwood, W. Va 1943 Reverse
Unknown
45
  • Lumber Scrip 1 Cent Champion Paper-Hamilton-OH-Bu
    tler Co.

Trantow 1190
46
  • LOGAN County COAL CORP.
  • 25 and 10 Cent MINE SCRIP, LUNDALE, WV 1946

47
  • COAL SCRIP FROM THE MARY MARTHA COAL MINING CO.
    AT SPRIGG, W VA

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1.00 Consolidation Coal Co, Coalwood, W.
Va Payable in cash on paydays when due to
employee to whom issued Ingle-Schierloh Co,
Dayton, O In MDSE. Only Not Transferable
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1 Cent Consolidation Coal Co., Coalwood, WV
50
  • The Black Mountain Corp, Kenvir, Ky
  • 50 Cent

51
Consolidated Timber Co, Glenwood, OR 10 Cent
White Metal 1940s
Trantow lists the piece as R-5 (75-99), Hemphill
as R-4 (11-20). The piece is struck in white
metal, 21 mm
The Consolidated Timber Co. of Glenwood was
formed in 1939 and tokens were ordered in 1941.
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BLOCK COAL COKE CORP, BLOCK, TENN
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J.P. Medernach's Saloon, in business in 1901 in
Pendleton, Oregon 5 Cent White Metal
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O. (Otto) A. Giles, The Club in Freewater,
Oregon. Ten cent token, aluminum, octagon, 27
mm. R-4 (11-20) in Hemphill.
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ROLOFF CARROLL, BILLINGS, MONTANA 12-1/2 CENT
56
Snow Peak Logging Co., Lacomb, OR 5 Cent
Hemphill's Oregon Trade Tokens lists it as R-2
(Common, 35-50) while Trantow's lumber company
catalog lists it as R7 (25-49).
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1.00 Elongated- East Tennessee Coal Co.
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Coal Scrip 10 CENT Darb Fork Coal, Tauber, KY
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(Lovilia, Iowa) - The Rex Supply Company
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East Corinth, Me. - Northern Maine Packing Co. /
Good For 4 at the Office Aluminum
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Jewell Ridge Coal Corp, Jewell Ridge, VA 1, 2,
and 5 Cent Tokens
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Monaghan Mill Store, Greenville, SC 5 Cents
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ENTERPRISE MILL, AUGUSTA, GA 5 CENT ALUMINUM
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J.A. OWENS SON JECCO, AL 5 CENT
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Alabama- Bakers Creek Coal Mine,
Drifton Bimetallic Token
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Gibraltar Coal Mining Co., Brownie, KY
68
Southwestern Mercantile Co. Dawson,New
Mexico Reverse Design and Denomination Unknown
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       50 Cent Scrip.  Yankee Mercantile Co.,
Yankee, NM
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Liberty Trading Co, Madera, PA 1 and 5 Token-
Signed by W.P. Cornely, Treasurer
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Madera Trading Co, Madera, PA 10 Token- Signed
by W.P. Cornely, Treasurer
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Madera Trading Co, Madera, PA 1 Token- Signed by
W.P. Cornely, Treasurer
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F.K. Lowes Meat Market, Monongahela, W.Va
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Rare Copper Bimetallic Token F.K. Lowes Meat
Market, Monongehela, W. Va
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J.W. Wolford Sons, Linton, Ind. 1895 5 cents
and 1.00
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Clark Coal Co., Wilsonburg, W. Va
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Oregon American Lumber Co. 50 Cent Bimetallic.
1920s
Obverse GOOD IN MERCHANDISE / FOR FIFTY CENTS /
50 / AR BEECHER (signature) / GENERAL AUDITOR /
FOR / OREGON-AMERICAN / LUMBER COMPANY.Reverse
ISSUED AT EMPLOYEE'SREQUEST / ON ACCOUNT OF WAGES
/ O-A / L Co / TO BECOME DUE IN / FUTURE - NOT
TRANSFERABLE.
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  • TOKEN MANUFACTURERS
  • ORCO- Orson Register Co, Cincinnati, OH
  • Ingle-Schierloh, Dayton, OH

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Howell Co, Hyde Park, PA 10 Cents - 1862
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Walker Iron Coal, Rising Fawn, GA 25 Cents
1863
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Indiana Iron Works 5 Cents 1856
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Ohio Kentucky Coal, Iron RR Co. 25 Cents 1874
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Quincy Mining Co., Hancock, Michigan 25 1869
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  • H.C. Frick Co., Valley Mines, PA
  • Paper Scrip- Punchable

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Mc Neal Coal Co., Yatesville Colliery, PA 2
1860s
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Knapp, Stout- Wisconsin 5 Scrip 1870s- Good
for Merchandise at Prairie Farms Store Only
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Haileyville Indian Territory- Hailey Coal
Mining Co.
Oklahoma -10 Cents 1900s
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  • Edkins Catalogue of U.S. Coal Company Scrip- 3
    Vols
  • Published by National Scrip Collectors Assoc.

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  • USE OF COMPANY STORE SCRIP
  • Stopped after World War II
  • By 1960, all wages paid in legal tender
  • Most old coal mines and mills closed
  • Most tokens buried, discarded or melted

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  • COLLECTING COMPANY STORE SCRIP
  • For many types-only a few remain (Rarity
    Scale)
  • National Scrip Collectors Association (Tony
    Chibbaro) http//www.nationalscripcollectors
    .com
  • World Bimetallic Collectors Club
  • http//wbcc-online.com/tokens/us_t
    okens/uscoal.htm
  • Inexpensive compared to U.S. Rare Coins
  • Many Businesses still use Trade Tokens

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RESOURCES
1. World Bimetallic Collectors Club http//wbcc-on
line.com/tokens/us_tokens/uscoal.htm
2. National Scrip Collectors Association http//ww
w.nationalscripcollectors.com/
3. Edkins Catalogue of United States Coal Company
Scrip Volume 1, Third Edition- Scrip from 36
States not incl. W. Va Volume 2, Third Edition-
W. Va Scrip Only
4. Catalogue Of Lumber Company Store
Tokens Second Edition - Terry Trantow
5. Explosive Control Tokens - David Schenkman
6. Hemphill's Oregon Trade Tokens
7. 20,000 Coal Company Stores- Gordon Dodrill
8. Numismatic Bibliomania Society (NBS)
9. http//www.coinbooks.org/
10. http//www.coalcampusa.com
11. http//miningartifactsii.homestead.com/scripto
kens.html
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THE END
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