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1 Cent - Pik-Kwik Waterbury, Connecticut

Issuer Pik-Kwik Stores
Year
Type Vouchers
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Reverse description Yellow reverse with matching basketweave underprint and four corner Pik-Kwik Stores oval logo vignettes in dark blue, consistent with the obverse layout. The central field carries a block of letterpress text setting out the issuer's liability disclaimer regarding loss, theft, or destruction of the credit stamp.
Reverse lettering THE HOLDER OF THIS FOOD
CREDIT STAMP IS SOLELY RE-
SPONSIBLE FOR ANY LOSS, THEFT,
OR DESTRUCTION THEREOF.
PIK-KWIK STORES HAS AND
ASSUMES, NO RESPONSIBILITY
TO THE HOLDER IN THE EVENT
OF SUCH LOSS, THEFT OR DE-
STRUCTION AND WILL NOT RE-
PLACE THIS CREDIT STAMP.
PIK-KWIK STORES
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Comments

Pik-Kwik was a regional convenience store chain that, like dozens of small American retailers during the coin shortage of 1964–1965, issued its own paper fractional currency to make change. The federal government had effectively created the problem by slowing silver coinage production while demand surged, and small merchants bore the inconvenience directly. Store-issued paper cents of this type were tolerated rather than sanctioned — no federal authority approved them, and their legal standing was genuinely ambiguous.

Waterbury, Connecticut examples are localized enough that surviving specimens turn up almost exclusively in regional collections.

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