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5 Cents - Food Stamp Scrip Red Owl Stores Inc.

Uitgever Red Owl Stores Inc.
Jaar
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Paper
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
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Beschrijving voorzijde Light green scrip printed in dark ink on a guilloche-patterned ground with a decorative border of ruled lines and corner ornaments. The Red Owl corporate owl vignette is centred at top, flanked by large denomination numerals '5¢' at left and right. Inscriptions identify the issuer and redemption terms, with form number at foot.
Opschrift voorzijde RED OWL STORES INC.
FOOD STAMP CREDIT
FIVE CENTS
REDEEMABLE ONLY AT RED OWL
FORM 206
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
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Opmerkingen

Red Owl Stores operated as a major Upper Midwest grocery chain headquartered in Hopkins, Minnesota, and issued fractional scrip of this kind as change-making instruments tied to U.S. federal food stamp redemptions. Federal food stamp regulations for much of the program's early history prohibited giving cash change — even for a few cents — when customers used stamps to purchase eligible goods. Retailers found themselves stuck with awkward fractional balances, and scrip like this was one practical workaround, redeemable at the issuing store only.

The practice was eventually curtailed as federal rules tightened around what retailers could issue in lieu of coin.

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