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1 Cent - Food Stamp Scrip Elam Grocery

发行方 Elam Grocery & Market
年份 1967
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尺寸 108 x 63 mm
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印刷机构 登录 以查看详情
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正面描述 Plain pink paper coupon with no vignette or guilloche. The denomination '1c' appears in bold at upper left and right, with 'Credit Coupon' in large serif type across the centre. Redemption conditions are set in letterpress below, with the issuer's name, proprietor, and address in red ink within a ruled border at foot.
正面铭文 UNITED STATES FOOD PLAN
1c CREDIT COUPON 1c
This coupon will be redeemed for food according
to Food Stamp Law Beginning June 1st 1967
Redeemable for
1c In Food Purchases
only at
ELAM GROCERY & MARKET
HARLAN B. ELAM
1801 K STREET
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背面铭文 登录 以查看详情
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Food stamp scrip of this kind proliferated briefly in the late 1960s as a workaround to a genuine administrative problem: the federal Food Stamp Program, relaunched nationally in 1964, issued coupons in fixed denominations, leaving retailers unable to make change when a purchase fell short of a round figure. Individual stores issued their own fractional scrip — redeemable only in-house — to plug the gap. The practice was tolerated for a few years before federal authorities moved to standardize change-making procedures and effectively killed off private scrip of this type by the early 1970s.

Elam Grocery & Market is a minor issuer with no known catalog prominence. Single-store scrip from this period survives largely by accident.

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