Alex August Scrip, 25 cents

Coin

-

West Virginia Mine Wars Museum

Name/Title

Alex August Scrip, 25 cents

Entry/Object ID

KK.0276

Description

Alex August merchant token Macneer (Logan) 3730, A5-25

Context

1500 tokens were struck for this merchant on September 28, 1922

Collection

Company Scrip + Tokens

Acquisition

Source (if not Accessioned)

Kenny King

Mintage

Mint

Insurance Credit System

Date made

1919 - 1924

Manufacture Method

Struck

Coin Details

Obverse

Transcription

25 / Alex / August

Reverse

Description

ICS logo, 25

Issuing Authority

Insurance Credit System

Currency

Merchant Token

Denomination

25 cents

Dimensions

Diameter

24 mm

Composition

Material

Brass

Location

Location

* Untyped Location

Exhibition, encased

Category

Exhibit

Valuations

Valuation Type

David E. Schenkman Merchant Token Value Scale

Formal Appraisal

B

Provenance

Provenance Detail

eBay Purchase

Role

Purchaser

Acquisition Method

Purchase

Exhibition

Life in the Coal Camps

Interpretative Labels

Label Type

Cultural/Historical Context

Label

Company Scrip In most coal operations, miners were not paid in US dollars, but rather in company money, called scrip. Usually scrip was only redeemable at the company store, preventing miners from spending money outside the company town. Although illegal in the state of West Virginia, most coal companies continued to use scrip to pay their miners until the 1950s. collection of Kenneth King