Old Coal scrip found

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09-10-2014, 09:38 AM
Post: #1
Old Coal scrip found
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Found this coal scrip from a coal company in Packard KY, only in existence for 5 years (1925 - 1930) with 30 employees.  Haven't cleaned it, and doubtful if I will.  But it's good for 5 cents in merch. from company store.  Haven't found a whole lot about it as only the 10 & 50 cent ones have been seen.
[img]http://[Image: tokenfront_zps9c5a8791.jpg][/img] [img][Image: tokenback_zps9cddbc74.jpg][/img]

Kisskrazed, proud to be a member of Treasure Classifieds Forum since Aug 2014.
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09-10-2014, 10:11 AM
Post: #2
RE: Old Coal scrip found
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That is awesome.  Sounds like a rare piece.  Great find.

PittsburghWill, proud to be a member of Treasure Classifieds Forum since Jul 2013.
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09-10-2014, 10:19 AM
Post: #3
RE: Old Coal scrip found
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Wow !!! very interesting find .
nice job 


BONES ...
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09-10-2014, 10:20 AM
Post: #4
RE: Old Coal scrip found
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OUTSTANDING!!!

I Dig History, proud to be a member of Treasure Classifieds Forum since Mar 2014.
Can you dig itBeer

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09-10-2014, 04:10 PM
Post: #5
RE: Old Coal scrip found
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I've never seen one of those! Nice find there KK!!

Ed

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09-10-2014, 07:11 PM
Post: #6
RE: Old Coal scrip found
(This post was last modified: 09-10-2014 07:13 PM by IndianaBones.)
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Sorry to ask, i haven`t come across anything like that out here on the east coast.
it is an interesting piece.
is that from an old coal mining site or location.
and are you hunting near railroad tracks . or a coal mining area .
just curious as to what it is ..
thanks for the info.

and nice find again ...
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09-10-2014, 07:15 PM
Post: #7
RE: Old Coal scrip found
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(09-10-2014 07:11 PM)IndianaBones Wrote:  Sorry to ask, i haven`t come across anything like that out here on the east coast.
it is an interesting piece.
is that from an old coal mining site or location.
and are you hunting near railroad tracks . or a coal mining area .
just curious as to what it is ..
thanks for the info.

and nice find again ...
BONES ...

Scrip is how the coal miners got paid.  Scrip was like money that was only good at the company store.  The company store was owned by the coal company.

PittsburghWill, proud to be a member of Treasure Classifieds Forum since Jul 2013.
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09-10-2014, 07:32 PM
Post: #8
RE: Old Coal scrip found
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(09-10-2014 07:15 PM)PittsburghWill Wrote:  
(09-10-2014 07:11 PM)IndianaBones Wrote:  Sorry to ask, i haven`t come across anything like that out here on the east coast.
it is an interesting piece.
is that from an old coal mining site or location.
and are you hunting near railroad tracks . or a coal mining area .
just curious as to what it is ..
thanks for the info.

and nice find again ...
BONES ...

Scrip is how the coal miners got paid.  Scrip was like money that was only good at the company store.  The company store was owned by the coal company.

wow that is pretty cool. so basically it is like a coin, but can only be respent back to the issuing company. very interesting ...
there couldn`t have been too many issued as in normal coinage ...
are they fairly common out west or pretty rare depending on the company .
really neat find ...
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09-10-2014, 08:08 PM
Post: #9
RE: Old Coal scrip found
(This post was last modified: 09-10-2014 08:12 PM by Ohio Dirt Fisher.)
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(09-10-2014 07:32 PM)IndianaBones Wrote:  
(09-10-2014 07:15 PM)PittsburghWill Wrote:  
(09-10-2014 07:11 PM)IndianaBones Wrote:  Sorry to ask, i haven`t come across anything like that out here on the east coast.
it is an interesting piece.
is that from an old coal mining site or location.
and are you hunting near railroad tracks . or a coal mining area .
just curious as to what it is ..
thanks for the info.

and nice find again ...
BONES ...

Scrip is how the coal miners got paid.  Scrip was like money that was only good at the company store.  The company store was owned by the coal company.

wow that is pretty cool. so basically it is like a coin, but can only be respent back to the issuing company. very interesting ...
there couldn`t have been too many issued as in normal coinage ...
are they fairly common out west or pretty rare depending on the company .
really neat find ...

BONES, they are pretty rare!!! They were part of an economic system developed by the coal companies to keep the men and families "in camp". If you ever have a chance to watch the movie, "The Molly Maguires", with Sean Connery, http://en.wikipedia.org/wiki/The_Molly_Maguires_(film) it's a pretty close attempt at showing what the miners had to deal with with the coal companies. I think someone said Outstanding, think it was I Dig History. He's right. That coin is an Icon of American History we should never forget as a society.

Ed

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Garrett PP, & Pro Pointer AT.
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09-10-2014, 09:27 PM
Post: #10
RE: Old Coal scrip found
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man that is awesome. that is one hell of a find KissKrazed .
if they only had the 30 employees there must not have been much need to produce very many of those tokens, that is a really interesting piece of U.S. history ...
very cool ...

BONES ...
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