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Various forms of coal scrip
Coal scrip are "tokens or paper with a monetary value issued to workers as an advance on wages by the coal company or its desinated representative."[1] As such, coal scrip could only be used at the specific locality or coal town of the company named. Because coal scrip was used in the context of a coal town, where there are usually no other retail establishments in that specific remote location, employees who used this could only redeem their value at that specific location (called coal company commissary-company store).[2]

National Scrip Collectors Association
Coal mining states KET indicates: Although 90 percent of the country's coal reserves are concentrated in 10 states, coal in mined in 27 states and can be found in even more. Montana has the most coal, 25 percent of demonstrated reserves. Wyoming, third among states with the most coal, is first in coal output, accounting for 18 percent of annual production. *KET
4838
W. Virginia scrip
President's Page
Current Wikipedia description of Coal Scrip
Coal scrip
From Wikipedia, the free encyclopedia
(Redirected from Coal Scrip)

Coal scrip are "tokens or paper with a monetary value issued to workers as an advance on wages by the coal company or its designated representative."[1] As such, coal scrip could only be used at the specific locality or coal town of the company named. Because coal scrip was used in the context of a coal town, where there are usually no other retail establishments in that specific remote location, employees who used this could only redeem their value at that specific location.[2] As there were no other retail establishments (see coal town), this constituted a monopoly "..1..exclusive possession or control of the trade in a commodity or service..."[3]

Popular Culture[edit]

The country musician Merle Travis makes a reference to coal scrip in the song, "Sixteen Tons" on the Folk Songs of the Hills album.

References[edit]

^ Edkins, Donald (2002). Edkins Catalogue of United States Coal Company Scrip Volume 2 West Virginia. Huntington, West Virginia: The National Scrip Collectors Association. p. xxvii. ASIN B0006E5ZQY.
^ Edkins, p. xxviii
^ Illustrated Oxford English Dictionary. New York, New York: DK Publishing Inc. 1998. p. 530. ISBN 9780789493590.
External links[edit]

Harte, C.J. "Coal mine scrip collectors to meet". Middlesboro Daily News. Retrieved July 21, 2012.


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