Sunbeam Coal Company Scrip, 5 cents

Name/Title

Sunbeam Coal Company Scrip, 5 cents

Entry/Object ID

KK.0280

Description

Fort Branch 1049 (Logan) Sunbeam Coal Co. c5, cut-out

Collection

Company Scrip + Tokens

Mintage

Mint

Insurance Credit System

Date made

1919 - 1924

Manufacture Method

Struck

Coin Details

Obverse

Transcription

SUNBEAM COAL CO. / 5

Reverse

Description

Insurance Credit System logo

Issuing Authority

Insurance Credit System

Currency

Coal Company Scrip

Denomination

5 cents

Dimensions

Diameter

20 mm

Composition

Material

Brass

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