N.&W.Ry.Co. is the Norfolk & Western Railway Company, which operated some of its own coal mines.
Collection
Company Scrip + Tokens
Acquisition
Source (if not Accessioned)
Kenny King
Mintage
Mint
Ingle Schierloh Company
Manufacture Method
Struck
Coin Details
Obverse
Transcription
POND CREEK COLLIERY / 1 / N.&W.Ry.Co.
Reverse
Description
Ingle-Schierloh logo Des. Pat.
Transcription
MASTER METAL SCRIP / IN TRADE
Issuing Authority
Ingle Schierloh Company
Currency
Coal Company Scrip
Denomination
1 cent
Dimensions
Diameter
18 mm
Composition
Material
Brass
Location
Location
* Untyped Location
Exhibition, encased
Category
Exhibit
Valuations
Valuation Type
NSCA Scrip Rarity Scale
Formal Appraisal
R-7
Provenance
Provenance Detail
Archaeological Find
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
Research Notes
Research Type
Curator
Person
Shaun Slifer
Date
Dec 30, 2020
Notes
Referring to the Pond Creek Colliery:
"All operations were in Kentucky, across the Tug River from Williamson, WV. Post Office was at Williamson."
- from Edkins Catalogue of US Coal Company Store Scrip, Fourth Edition Vol.1, Exclusive of West Virginia (2015)
