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1 Cent - Wayco Foods Elk Grove Village, Illinois
| Issuer | Wayco Foods |
|---|---|
| Year | 1972-1975 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 162 x 70 mm |
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| Obverse description | Light green scrip printed in black letterpress on plain paper, with an ornate scrollwork border enclosing the central design. Denomination numeral "1" appears in dark circular cartouches at left and right, flanking a central oval underprint bearing the large "1¢" value figure. Decorative vine scrollwork fills the lateral panels, with redemption conditions in two lines at the foot. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Plain light green paper, unprinted, showing show-through of the obverse design. A handwritten pencil notation in the lower right corner identifies the issuer and location, added by a collector. |
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| Comments |
Wayco Foods was a Chicago-area food service and vending company operating in the industrial corridors of Cook County during the early 1970s. This cent-denomination scrip belongs to a category of privately issued trade tokens and coupons used by employers and cafeteria operators to manage small-value transactions at on-site facilities — a practical workaround for the perpetual shortage of low-denomination coinage that plagued vending and food service operations throughout that decade.
Elk Grove Village, incorporated only in 1956, had by the early 1970s become one of the most densely developed industrial park zones in the United States. Company scrip of this kind rarely survived the cashier's drawer.