Ethel 967 (Logan)
Wood Coal Company
F1 four-point star cut-out
Collection
Company Scrip + Tokens
Acquisition
Source (if not Accessioned)
Kenny King
Mintage
Mint
Insurance Credit System
Date made
1917 - 1949
Manufacture Method
Struck
Coin Details
Obverse
Transcription
WOOD COAL COMPANY / 1
Reverse
Description
ICS logo
Issuing Authority
Insurance Credit System
Currency
Coal Company Scrip
Denomination
1 cent
Dimensions
Diameter
18 mm
Composition
Material
Nickel
Location
Location
* Untyped Location
Exhibition, encased
Category
Exhibit
Valuations
Valuation Type
NSCA Scrip Rarity Scale
Formal Appraisal
R-4
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
