148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
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LOT 1017:
Santee River Cypress L.B.R. Co. Token Grades xf details. As the industrial revolution gained momentum in America ...
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Sold for: $5
Start price:
$
20
Estimated price :
$25 - $100
Buyer's Premium: 20%
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Santee River Cypress L.B.R. Co. Token Grades xf details. As the industrial revolution gained momentum in America during the late 1800’s and early 1900’s, there came a growing demand for coal to feed the hungry furnaces of industry and the mining of coal began in many states. Since most of these mines were established in remote, rugged areas far from stores and banks it was difficult to keep enough currency on hand to pay its miners. Capitalizing on the opportunity to make additional profits while filling the need to supply the miners and their families with household staples, mine owners established the company store and created the monetary system called “scrip.”
