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1 Cent - Safeway Stores

Issuer Safeway Stores
Year
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Size 108 × 69 mm
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Obverse description Light green note printed in black on a fine basket-weave underprint ground, enclosed within an ornate letterpress border of repeating foliate and lozenge motifs. The denomination "ONE CENT" is set in bold type at centre-top, flanked left and right by circular serrated-edge vignettes each bearing the numeral "1c"; the lower register carries the Safeway Stores circular logotype at left and right corners. A block of redemption text in the centre field stipulates the note's validity exclusively within the U.S. Government Food Stamp Program.
Obverse lettering ONE CENT 1C 1C FOOD STAMP CREDIT Redeemable Only By Participant of U.S. Govt. Food Stamp Program for Food Items on Authorized List … at any-- SAFEWAY STORES IN COUNTIES PARTICIPATING IN THE FOOD STAMP PROGRAM
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American grocery chain scrip of this type was typically issued during the coin shortages of the early 1970s, when the U.S. Mint struggled to keep cents in circulation. Retailers, particularly large supermarket chains like Safeway, issued paper fractional notes to make change rather than round up prices or absorb the loss themselves. The practice was short-lived — public complaints and questions about legality under federal statutes governing private money brought most programs to a quick end.

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