P.L. Woodard & Company credit coins
- Title
- P.L. Woodard & Company credit coins
- Description
- The credit coins pictured here are from P.L. Woodard & Company located in Wilson, North Carolina. Many stores during the early 1900s operated on a credit system in which they both bought and sold products to and from farmers. This system became very complex. Credit coins were used to replace paper credit vouchers. During the Great Depression many stores made their own coins to use as credit vouchers. These coins could be traded in at the issuing store for goods or traded with other farmers. The coins were not considered counterfeit since they could only be used at the issuing store. These coins were used much like today’s store credit would be used. Date approximated. The accompanying video describes the object.
- Date
- 1900-1960
- Original Format
- financial records
- Extent
- Local Identifier
- Tobacco Farm Life Museum
- Subject(s)
- Coins--North Carolina--Wilson (Wilson County)
- General stores--North Carolina--Wilson (Wilson County)
- Negotiable instruments--North Carolina--Wilson (Wilson County)
- Spatial
- Location of Original
- Tobacco Farm Life Museum
- Rights
-
This item has been made available for use in research, teaching, and private study. Researchers are responsible for using these materials in accordance with Title 17 of the United States Code and any other applicable statutes. If you are the creator or copyright holder of this item and would like it removed, please contact us at als_digitalcollections@ecu.edu.
http://rightsstatements.org/vocab/InC-EDU/1.0/ - Permalink
- https://digital.lib.ecu.edu/14277
- Preferred Citation
- Cite this item
- This item
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P.L. Woodard & Company credit coins
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- Found in theme/project
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Manufacturing and Business
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North Carolina History and Fiction Collection
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