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5 Cents - Payne Trading Post Rock Falls, Oklahoma
| Issuer | Payne Trading Post |
|---|---|
| Year | |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Medal alignment ↑↑ |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Log in to see details |
| Reverse lettering | Log in to see details |
| Edge | Plain |
| Mint | Log in to see details |
| Mintage | Log in to see details |
| Additional information |
Payne Trading Post operated under the federal licensing system that governed trade with Native American nations in Indian Territory — merchants required a license from the Office of Indian Affairs and were subject to oversight that general-store operators elsewhere never faced. Trade tokens like this one circulated as scrip within a tightly bounded credit economy, keeping transactions within the post and limiting cash outflow to outside merchants.
Rock Falls, Oklahoma places this piece in the pre-statehood or early statehood transition period, when Indian Territory commerce was being absorbed into Oklahoma's newly regularized economy after 1907.