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1 Cent - Food Stamp Scrip Homestead Meat Co. Inc.
| Issuer | Homestead Meat Co., Inc. |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | 1 Cent 0.01 USD = EUR 0.0085 |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Cream-toned scrip with a chain-link border enclosing all text on a horizontal-line underprint bearing repeated arrow and diamond motifs. Denomination "1¢" appears in bold at upper left and right flanking the central letterpress legend "ONE CENT / FOOD STAMP CREDIT". A dashed inner frame at centre carries the issuer's name and address overprinted in red. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain cream reverse with no printed design, showing only the faint bleed-through of the obverse letterpress impression through the thin paper stock. |
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| Comments |
Food stamp scrip of this kind was issued by individual merchants during the 1930s as a workaround within the federal food stamp program, allowing participating retailers to make fractional change that the official stamps couldn't accommodate. The federal stamps came in fixed denominations; when a transaction left an odd balance, merchants issued their own paper scrip redeemable only at their counters.
Homestead Meat Co., Inc. was a Houston grocery and meat retailer — localized merchant scrip of this type rarely survived in any quantity, since it circulated hard and was typically redeemed quickly or simply discarded.