Catalog
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| Issuer | Gemco |
|---|---|
| Year | |
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| Value | 1 Cent 0.01 USD = GBP 0.0073 |
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| Obverse description | Printed in green on light green paper, the obverse carries the GEMCO oval logotype at upper left, flanked by circular guilloche medallions bearing the letter G at each side margin. A central scalloped vignette on a wavy underprint displays the denomination numeral 1¢, with supermarket interior scenes to the left and right. A decorative rope border frames the entire note. |
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| Reverse description | Reverse printed in plain light green, entirely blank of any printed design or text, with a pencilled collector's notation visible in the lower right quadrant. |
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| Comments |
Gemco was a membership-based discount department store chain operated by Lucky Stores across the western United States, primarily in California. Like several large retailers of the 1960s–70s, Gemco issued its own scrip for internal use — change-making tokens and small-denomination paper notes that smoothed transactions at the registers without requiring a constant supply of low-denomination coinage from the Federal Reserve. The Anaheim location was one of Gemco's busier Southern California stores.
This scrip has no legal tender status and was redeemable only at the issuing store. Gemco closed all locations in 1986 when Lucky Stores exited the membership retail format.