Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
¼ cent - Arcola Advertising Club Arcola, Illinois
| Issuer | Arcola Advertising Club |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dollar (1785-date) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Red cardboard stock with black letterpress text. The legend TAX TOKEN and ONE-FOURTH CENT appear at top, followed by Issued and Redeemable by in italic script, with ARCOLA ADVERTISING CLUB and ARCOLA, ILL. in bold capitals below. No vignette or ornamental underprint. |
|---|---|
| Obverse lettering | TAX TOKEN ONE-FOURTH CENT Issued and Redeemable by ARCOLA ADVERTISING CLUB ARCOLA, ILL. |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
Arcola, Illinois produced several local scrip issues during the Great Depression, when coin shortages and municipal cash-flow problems pushed civic organizations into informal currency roles. The Advertising Club fractional — a quarter-cent denomination, which is unusual even by Depression scrip standards — was almost certainly intended for making change in local retail transactions, plugging a gap left by the disappearance of small coins from everyday circulation in the early 1930s.
Quarter-cent scrip is rare enough that most catalogers treat any surviving example as a collector piece rather than a circulation artifact.