Scrip – Coal Company Tokens

There was a time when there were more than 20,000 company stores using scrip in pace of, or in addition to, cash wages in North America.(*1) It has been estimated that around 75% of all the scrip that was used was used by coal companies in Eastern Kentucky, West Virginia and Virginia. People in these areas called the tokens “scrip” and the name stuck and is what is still used today. Scrip was known by many other names in the early days, among them: Trade Tokens, Flickers, Secos, Clackers, Checks, P’Lollys, Good Fors, Lightweights, Bingles, Stickers, Chink-tins and Dugaloos (keep in mind that scrip came in paper as well as in metal form).  (*2) Scrip Started As A Company Store Trade Credit Scrip Coupon Book Scrip started out as a trade credit for the company store. For example,...