Youngstown Mines Company Scrip, 1 cent (two pieces)
Entry/Object ID
KK.0165
Description
Dehue 763 (Logan)
The Youngstown Mine Corp.
D1 circular cut-out
Collection
Company Scrip + Tokens
Acquisition
Source (if not Accessioned)
Kenny King
Mintage
Mint
Ingle Schierloh Company
Manufacture Method
Struck
Coin Details
Obverse
Transcription
THE YOUNGSTOWN MINES CORP. / 1 / THE / YMC / CO
(surface is nearly unreadable, transcription is from Edkins Catalogue, 2014)
Reverse
Description
Ingle Schierloh logo
Issuing Authority
Ingle Schierloh Company
Currency
Coal Company Scrip
Denomination
1 cent
Dimensions
Diameter
16 mm
Composition
Material
Brass
Location
Location
* Untyped Location
Exhibition, encased
Category
Exhibit
Valuations
Valuation Type
NSCA Scrip Rarity Scale
Formal Appraisal
R-3
Provenance
Provenance Detail
Archaeological Find
Notes
One found in Sunbeam, Logan
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
