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1 Cent - American Basket Food & Liquor, Inc. Chicago, Illinois

Issuer American Basket Food & Liquor, Inc.
Year
Type Vouchers
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Obverse description Yellow paper credit slip with an ornate guilloche border and corner medallions bearing the denomination '1c'. A circular vignette at left contains a scales-of-justice motif. Central text identifies the issuer and address in bold letterpress, with a faint oval underprint stamp at centre. A ruled panel at the base repeats the denomination.
Obverse lettering 1c 1c
FOOD STAMP CREDIT SLIP
Redeemable Only in Eligible Foods at
American Basket Food & Liquor, Inc.
8005 South Racine Ave.
Chicago, Ill.
ONE CENT
Not Redeemable in U.S. Currency
ONE CENT CREDIT SLIP
1c 1c
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Comments

American Basket Food & Liquor, Inc. was a Chicago retail operation that issued small-denomination scrip — almost certainly as a store credit or change-making instrument during a period when low-denomination coin was either scarce or simply inconvenient for high-volume counter transactions. This kind of merchant scrip was common among Chicago food and liquor retailers in the mid-twentieth century, operating in a legal grey zone that federal authorities periodically scrutinized but rarely prosecuted at the retail level.

The issuer is otherwise sparsely documented, which is typical for single-location scrip of this type. Survival rate tends to be low — these were functional tokens, not saved.

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