About Coal scrip
learn about coal scrip via these frequently asked questions
What is coal mine scrip? In the old days coal miners were most often paid with scrip and not U.S. currency. They were paid monthly based on the weight of coal the miner blasted, dug and loaded onto carts during the month. They were not paid by the hour. They could work any days and as long as they wanted to.
During the month if the miner needed additional money, they could request an advance of scrip for the amount of coal they had loaded earlier in the month, for which they had not been paid. This led to the tendency of miners constantly being in debt to the mine company. New miners were often not paid until two or three months after they started work. Scrip was normally spent in the mine’s company store to get the full value. (Over the years other entities sometimes would give partial value for scrip and then resell it for a profit.) In its peak, there were over 20,000 company stores in the U.S. using coal scrip. They offered most anything a miner’s family needed such as groceries, clothing, shoes/boots, hardware and mining tools. Prices were generally high, although in most cases the quality of the goods sold by the stores were top notch and the convenience was a plus.
In the early days, scrip was known by many other names including – Trade Tokens, Flickers, Secos, Clackers, Checks, P’Lollys, Good Fors, Lightweights, Bingles, Stickrs, Chink-tins and Dugaloos. Almost all company stores used scrip
as change to insure the customer would come back to spend it.
What does scrip look like? The original scrip was in the form of paper. Other forms were credit/punch cards and coupons. These were mostly replaced by thin metal coins similar in size to its counterpart in U.S. currency. The metal was brass, bronze, copper, aluminum, zinc, nickel, nickel plate and bi-metal. There were a few tokens made of a hard fiber, and even hard rubber or wood. Scrip was usually denominated in the same values as U.S. currency. The largest tokens were most frequently $1.00 face value. Although pieces with a higher face value such as $5.00 are common. Most tokens were round, but others were oval, octagonal, hexagonal, scalloped edge, square, etc.
There is often a cutout in a token which is unique to the mine store location where it could be used. This helped the store clerks to easily ensure that it could be used at their company store. In most cases, the tokens could not be used at any other company store.
Where was it made and distributed from? There were a number of scrip manufacturers. However, the Osborne Register Company (ORCO) in Cincinnati, Ohio became the principal manufacturer and distributor (and later renamed Osborne Coinage Company). Ingle-Schierloh of Dayton, Ohio was one of the major early makers before ORCO became dominant.
Was scrip used in other industries? Scrip was also often used in the timber industry, iron mines, cotton mills, etc. Many mine owners also owned the timber on their mine properties which was cut.
When and why did it get started? The use of metal scrip token began in the early 1900’s. There were a variety of reasons.
(1) Demand – Major increase in demand for coal by industry in the early 1900’s. (2) Remote Mines – Miners were often in remote and inaccessible locations and had only one store which was owned by the company. (3) Currency – U.S. currency was scarce. (4) Companies – Companies could supply the miners and make more money from captive miners from the markup on store merchandise.
In what areas of the U.S. was it used? It was used anywhere there were underground coal mines. However, it is estimated that 75 percent of all scrip used was by coal companies in West Virginia, Virginia and Eastern Kentucky.
When and why was it phased out? The use of coal scrip ended in the mid-1950’s, with a few coal companies still using it in the 1960’s. There were a variety of reasons.
(1) Currency – U.S. currency had become more plentiful. (2) Miners – Miners wanted to be able to also shop in non-company stores. (3) Credit – Other forms of credit became more readily available. (4) Transportation – Mines were more accessible by car. (5) Vending – The one cent of scrip was often the same size as the U.S. dime and was being used in vending machines. (6) Law – In the 1950’s many states began to outlaw the use of scrip as a method to pay wages. In 1967, it was outlawed by the U.S. Congress.
What is it worth today? Like any numismatic, the value of a coin is based on the number produced, its condition and historical value, and its availability. The Edkins Catalogue of United States Coal Company Scrip includes an Edkins rarity rating to help. There are two volumes available from the National Scrip Collectors Association, Volume I contains all states except West Virginia, and Volume II contains only West Virginia. No dollar values are listed in the latest editions, but a rarity rating from R1 to R10 is assigned to the tokens, with R1 being the most common and R10 being the rarest. Please note this does not always correlate exactly with the price or value of a specific token, this is determined by the marketplace and it is not uncommon to see a lower R rated token sell for more than a higher rated token. Sometimes the marketplace does not agree with a rarity rating, or a specific token may be hard to find available for purchase. The catalogues also list details such as size diameters, shapes, etc.
Where can you buy Scrip? Example sources include – eBay, Etsy, online stores like the JBvalu eShop, and the NSCA (National Scrip Collectors Association, www.nationalscripcollectorsassociation.org) newsletter and semi-annual meetings, one of which is in West Virginia. Coal scrip tokens are extremely collectible as it is estimated that as many as 10,000 varieties exist, many still available at an affordable price.
About the author: This article was written by Bob Hampton (rhampton(at)aol.com). Bob is a long-time collector of coal mine memorabilia - including coal mine scrip tokens. He and his family own a farm in Sandstone, West Virginia, in the heart of coal mining country. He has met and gotten to know many previous and current coal miners and has a great appreciation and respect for them and their families. The work they are and have performed is physically hard, dirty and dangerous. Everyone should visit and tour an exhibition coal mine to gain an understanding and appreciation of what coal miners do. Bob has written a larger article on Coal Mining & Coal Company Scrip, available by download of a PDF (21 meg) on the link below: