Worldwide Bi-Metallic Collectors Club

Bi-Metallic US Tokens

Bi-metallic Coal Company Scrip...by Jack Hepler, USA

During the early part of the 20th Century, coal was the primary energy
source for most of the commerce of the day. The Appalachian Mountains,
stretching from north Alabama to Quebec were found to be one of the richest
sources of coal in the country. Hundreds of small coal mining operations
were started to satisfy the nation's enormous appetite for fuel. Often these
sites were in very remote, unpopulated parts of the mountain chain. To
satisfy the demand for labor, Coal Companies offered incentives including
schools, medical treatment, housing, initial credit for purchase of food and
supplies, and a job for the poor folks who were often near starvation in the
surrounding areas. Some communities were so remote that barter was the
primary mode of commerce, thus, there was also a serious shortage of stores,
so the Coal Companies added mercantile outlets Company Stores) to the list
of incentives.
There was also a shortage of circulating currency and coin. Introduction of
scrip as a method of payment for the coal miners satisfied the currency
shortage. Since the scrip was not legal tender, the buyer could only make
purchases at a facility that was willing to accept the scrip. Each coal
company issued its own scrip, which was rarely accepted at any place other
than the Company Store. Those places that did accept the scrip usually
discounted the value of the scrip, sometimes as much as 50 percent. This
would then be redeemed with the Coal Company but at a discounted value,
usually 70 to 90 percent. Twenty-nine states had companies that issued what
is commonly called Coal Company Scrip. There were 13 states where
Bi-metallic scrip was issued from 59 Companies. World War II marked a
turning point in the use of scrip and within 15 years, virtually all
coal-mining operations were using only legal, US coins and currency. Much of
the scrip was melted, some buried or simply thrown away. Today, scrip is
difficult to find outside of the issuing localities and even there, a
collector needs to do some serious searching for Bi-metallics. A list of
states and companies that had bimetallic scrip, contact Jack Hepler if you know of others,
WBCCmember #47. E-mail: Heplerj@juno.com

Bimetallic Coal Company Scrip*
State Location Company

Bakers Creek Coal Mine, Drifton.

US 10 Cent Trade Token from Bakers Creek Coal Mine  of Drifton Alabama.
Image from Stamplarry@aol.com
This mine was in operation from 1911-1913, with 20 employees.
This is the only Token issued by this company.

Brilliant Wilson Bros. & Co.

Russellville R. Anthracite Coal Mining Co.

Strong Sunnyside Store

Christopher Christopher Stores Co.
Christopher Coalfield Company
Dowell Bradley Supply Co.
Herrin Yuill Bros. Mercantile

Trenton Ginzel Mercantile

50 Cent Scrip.  Image from Rod Sell

Witi W. Mercantile Co.

Linton J.W.Wolford & Sons

5 Cent Scrip.  Image from Jack Hepler

$1 Scrip.  Image from Rod Sell

Vicksburg Coal Bluff Mining Co.

Colfax C. Mercantile Co.
Ottumwa Black Diamond Store
Stevers Colfax Mercantile

Scammon The Fidelity Coal Mining Co.
Stone City The Fidelity Coal Mining Co.

Balkan Southern Mining Co.

Brownie Gibraltar Coal Mining Co.

25 Cent Scrip.  Image from Rod Sell

50 Cent Scrip.  Image from Cliff Anderson

$1 Scrip.  Image from Rod Sell

$5 Scrip.  Image from Rod Sell

Downing Lots Creek Coal Co.
Elcomb The E. Coal Co.
Gaston Harland Gas Coal Co.
Kildau King-Harland Co.
Letcher Marian Coal Co.
Logmont Sagamore
Madisonville West Ky. Coal Co.
Molus Morris Saylor
Morton’s Gap Harrison Stores, Inc.
Nortonville Harrison’s Stores
Nortonville Harrison’s
Packard Mahan Jellico Coal Co.
Richam The R.H. Elkhorn Coal Co.
Stearns The S. Lumber Co.
Te Jay Southern Mining Co.

New Mexico
Dawson Southwestern Mercantile Co.

Image from Rich Hartzog

Yankee The Yankee Mercantile Co.

25 Cent Scrip.  Image from Rod Sell

50 Cent Scrip.  Image from Cliff Anderson

Alderson Rock Island Coal Co.
Alderson Baker-Riedt Mercantile Co.
Brewer Southern Fuel Co.
Dewar Miners Mercantile Co.
Hartshorne Rock Island Coal Co.
Hartshorne Baker-Riedt Mercantile Co.
Henryetta Central Coal & Coke Co.

Madera Madera Trading Co.

$1 Scrip.  Image from Daniel Shoemaker

$10 Scrip.  Image from Rod Sell

Madera Liberty Trading Co.

$1 Scrip.  Image from Rod Sell

$5 Scrip.  Image from Rod Sell

$10 Scrip.  Image from Cliff Anderson

Osceola Leader Supply Co.

Bridgeport Coal Company.

5 Cent Trade Token. Image from Sheila Medd

25 Cent Trade Token. Image from Sheila Medd

Honaker H. Lumber Co.

West Virginia
Armen Borderland Coal Co.
Diana D. Store Co.
Dingess Pearl Coal Mining Co.
Eccles Shoal Creek Coal Co.
Ethel Logan Coal Co.
Flemington T.B.Davis Mine
Grey Eagle G.E. Coal Co.

Monogah F.K. Lowe’s Meat Market

10 Cent token with Copper ring variety.  Image from Jack Hepler.

25 Cent & 10 Cent Scrip.  Image from Rod Sell

50 Cent Scrip.  Image from Cliff Anderson

Omar Main Island Creek Stores
Preston P. Supply Co.

25 Cent Scrip.  Image from Jack Hepler.

Seth Barnett-Rumble Co.

$1 Scrip.  Image from Rod Sell

Tunnelton T. Supply Co.

Wilsonburg Clark Coal Co.

50 Cent & 25 Cent Scrip.  Image from Rod Sell.

Acme A. Coal Co.

Miscl  Northern Central Coal Co.

* Reference Edkins Catalog.

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Last Modified 20th October 2001