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1 Cent - Elm Farm Supermarkets Boston, Massachusetts
| Issuer | Elm Farm Super Markets |
|---|---|
| Year | |
| Type | Vouchers |
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| Obverse description | Printed in blue on a light lavender ground with a scalloped border underprint. The title FOOD STAMP CREDIT appears in bold uppercase across the top; denomination numerals 1¢ flank a central oval vignette of the Elm Farm Super Markets logo with a cartoon boy mascot below. Redemption conditions appear in three lines of small text at the base. |
|---|---|
| Obverse lettering | FOOD STAMP CREDIT 1¢ 1¢ REDEEMABLE IN MERCHANDISE ONLY, UNDER THE PROVISION OF THE FEDERAL FOOD STAMP PROGRAM. VALID AT THE ABOVE STORE ONLY. |
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| Comments |
Elm Farm Super Markets issued this 1 cent trade note as a change-making device, a practice that became surprisingly widespread among American retailers during the coin shortages of the 1970s. Rather than rounding transactions or handing back loose copper, stores produced their own redeemable paper fractional currency — technically legal as private scrip provided it wasn't designed to imitate U.S. government issue.
Boston-area examples from regional grocery chains are scarcer than their Midwest counterparts, where the practice was more systematically documented by local collectors at the time.