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1 Cent - Better Food Markets Los Angeles, California

Issuer Better Food Markets
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Shape Rectangular
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Reverse description Unprinted reverse showing the pink wave-pattern underprint of the security paper throughout, with the repeated text COAST SAFETY visible as part of the paper manufacturer's safety underprint.
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Protection type Security underprint
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Comments

Better Food Markets was a Southern California grocery chain that issued its own paper scrip for use in-store — a practice that persisted among American retailers well into the mid-twentieth century, particularly in California where competitive promotional schemes were aggressively pursued. This piece, catalogued by Schimmel, falls within a collecting field often called "merchant scrip" or "trade tokens on paper," distinct from depression-era municipal emergency currency but occupying the same general tradition of privately circulated small-denomination exchange media.

The pink paper stock was deliberate — color differentiation allowed cashiers to distinguish denominations at a glance without reading the face value. The security underprint is an unusual feature for grocery scrip of this type, suggesting a higher-than-average concern about counterfeiting or internal fraud.

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