Token ID needed

[Woodland Detectors]

Can anyone help with the 5 cent scrip?



Thanks!

 

[Woodland Detectors]

Re: Scrip ID needed

I always throw a little history out in my threads. Eh, Whatever


Until the late 1950's, when changes in federal and state laws, along with changing economic realities doomed the practice, many companies issued tokens, or scrip, for use by their employees in company run stores. This was especially widespread in the coal fields of Appalachia, where many miners also lived in company owned towns. In these company towns, or "coal camps," the only store in town was usually owned or run on behalf of the coal company.

In theory, scrip was an advance against unearned wages and usable only by the employee to whom it was issued. In practice, many miners were never able to fully retire their debt to the company store and scrip became the unofficial currency of the community, even being placed in the collection plates of some coal town churches.


You load sixteen tons, what do you get
Another day older and deeper in debt
Saint Peter don't you call me 'cause I can't go
I owe my soul to the company store

‘Sixteen Tons’
Tennessee Ernie Ford

 

[aaaaaaa]

Re: Scrip/TOKEN ID needed

Seems they made tokens for lots of different places..
http://www.tokencatalog.com/display...on&SearchStringAnyWord=&action=DisplayRecords

Your one isn't listed, so if you could submit it...

 

[Woodland Detectors]

Re: Scrip/TOKEN ID needed

Seems they made tokens for lots of different places..
http://www.tokencatalog.com/display...on&SearchStringAnyWord=&action=DisplayRecords

Your one isn't listed, so if you could submit it...

I emailed Roger the forum President to help ID it.
We need to know where it's from before I submit it there.
I see they are looking for one in a 10cent denomination.
That is a good site and I usually log the tokens in there.
Thanks

 

[cw0909]

Re: Any Token experts on this site?

nice token/scrip, why is there a hole in it

havent located a pic, of that token/scrip, but the co. is in,the town of rockwood, roane county, Tennessee,not sure it is still open.
the co. that made the token is, in dayton ohio, could not find a listing
in the white pgs, im prob wrong ,i think the mines used scrip till the 1930s,40s
-------------------------------------------------------------
BOOK/American Numismatic Association - Antiques & Collectibles - 1989
It was produced by The Insurance Credit System Company, which operated from 1919
-25 at Second and Jefferson Streets in Dayton, Ohio. ...
second listing
http://books.google.com/books?sourc...n ohio tokens&um=1&ie=UTF-8&sa=N&hl=en&tab=wp
------------------------------------------------------------
It was not until the Civil War, when Union Colonel John Wilder led troops through the area, that the
commercial potential of local mineral deposits was recognized. Wilder, with other northern industrialists,
organized the Roane Iron Company, and in 1868 established the town of Rockwood. It was a "Company Town of
the New South," shipping pig iron first by steamboat and later

3rd para down
http://tennesseeencyclopedia.net/imagegallery.php?EntryID=R038
----------------------------------------------------
Annual report of the Mining Department, Volume 19 By Mining Dept, Tennessee
Mine inspections in 1909 in detail,

pg 12 coal, roane iron co.
pg 130 pig iron, roane iron co.
http://books.google.com/books?pg=RA1-PA12&dq=roane+iron+co+roane+county&lr=&cd=3&id=lL1IAAAAMAAJ#

 

[Woodland Detectors]

Re: Any Token experts on this site?

nice token/scrip, why is there a hole in it

havent located a pic, of that token/scrip, but the co. is in,the town of rockwood, roane county, Tennessee,not sure it is still open.
the co. that made the token is, in dayton ohio, could not find a listing
in the white pgs, im prob wrong ,i think the mines used scrip till the 1930s,40s
-------------------------------------------------------------
BOOK/American Numismatic Association - Antiques & Collectibles - 1989
It was produced by The Insurance Credit System Company, which operated from 1919
-25 at Second and Jefferson Streets in Dayton, Ohio. ...
second listing
http://books.google.com/books?sourc...n ohio tokens&um=1&ie=UTF-8&sa=N&hl=en&tab=wp
------------------------------------------------------------
It was not until the Civil War, when Union Colonel John Wilder led troops through the area, that the
commercial potential of local mineral deposits was recognized. Wilder, with other northern industrialists,
organized the Roane Iron Company, and in 1868 established the town of Rockwood. It was a "Company Town of
the New South," shipping pig iron first by steamboat and later

3rd para down
http://tennesseeencyclopedia.net/imagegallery.php?EntryID=R038
----------------------------------------------------
Annual report of the Mining Department, Volume 19 By Mining Dept, Tennessee
Mine inspections in 1909 in detail,

pg 12 coal, roane iron co.
pg 130 pig iron, roane iron co.
http://books.google.com/books?pg=RA1-PA12&dq=roane+iron+co+roane+county&lr=&cd=3&id=lL1IAAAAMAAJ#

Thank you for the great history! Maybe I can get this one figured out soon

 

[Fast_Dave]

Re: Any Token experts on this site?

Just a little additional info. The Roane County Chamber of Commerce has a website with a bit of history. They mention the same facts as CW0909 as to the start of the Roane Iron Company, but they also mention that it folded in January 1930 due to the Great Depression

Here's a quote from the Cardiff, Tennessee website that might explain the Ohio connection.
" In 1868 the first blast furnace was built at Rockwood. This was known as The Roane Iron Company with Ohio Industrialist William O. Rockwood serving as it's first president. Roane Iron produced an iron ingot called pig iron that could be melted down to make iron products. "

And still more info from the Rockwood website
"The Roane Iron Company of Rockwood is one of the earliest and most notable of these ventures. Founded under the guidance of General Wilder in 1867, Roane Iron continued to operate until January 30,1930. Other ventures such as the East Tennessee Land Company, Cardiff Iron & Coal Company, and Oakdale Iron Works,are similar in nature but were defunct within three years. The success of Roane Iron is probably due to some very smart economic moves. For example in the 1880's the company encouraged the development of private enterprise in Rockwood.
Up to this point, the whole town was owned and operated by Roane Iron. Workers were paid in Company currency locally known as "paoli" which was redeemable at company owned businesses. But Company management realized that the economic
base needed to be diversified.
In a move to do that, new industry was encouraged and some, such as Rockwood Stove Works and Rockwood Knitting Mills, were established. Privately owned stores opened up to compete with the Company Store. And in 1890, Roane Iron sold lots to would be homeowners. The Victorian homes still standing along Kingston Avenue are a result of that decision.
The company system flourished until mine disasters and market situations in the late twenties took their toil. "

 

[aaaaaaa]

Yep.. Googling "Roane Iron Co" comes up with Chattanooga, Tennessee.

 

[intimer]

the roane iron pieces are listed in the coal catalog
locations at chamberlain, rockwood and wilder
they all have the same overall appearance front and back.
they have the came cut out.

the difference being :
chamberlain has a C
rockwood has an R----as your's does
wilder pieces have a W

if you ask me the wilder pieces are the hardest to get.
i understand the cut out was for help in identifying the token in low light or for quicker id.
the ohio relation is just the token or die company location. there were several that evolved like ingle, ingle schierloh, insurance credit system and others