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5 Cents Island Creek Stores Company

Issuer Island Creek Stores Company
Year 1915
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Value 5 Cents (0.05)
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Obverse description Printed in black letterpress on pink-red paper. The upper portion bears the issuer name and redemption clause within a ruled border, with a book number field printed in red script at center-left. The denomination numeral "5" appears in a bold bordered panel at right, with "CENTS" below; a warning legend runs along the lower edge.
Obverse lettering MERCHANDISE STORES
ISLAND CREEK STORES CO.
Good for Merchandise at Face Value
BOOK NO.
NON TRANSFERABLE - VOID IF DETACHED
5
CENTS
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Comments

Island Creek Stores Company was a coal company scrip issuer operating in Logan County, West Virginia — one of the most heavily scrip-dependent regions in the United States during the early twentieth century. Company stores in the southern West Virginia coalfields routinely paid miners in scrip redeemable only at the company's own store, a system that effectively tied wages to a single controlled retail outlet and was later targeted by federal labor legislation.

The red paper stock used for this denomination was a common color-coding method to distinguish values within a scrip series at a glance — useful when illiteracy rates among immigrant miners ran high.

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