Skip to main content
Go to accessibility notice


    Choice and Extremely Rare Coal & Iron Company Scrip

    Shawnee, OH - New York & Straitsville Coal & Iron Company 5 Cents June, 1882 Wolka 2419-01. PCGS Fine 15.
    A rarity that deserves appreciation on several levels. Graded "Fine," it is actually choice for a store scrip of this genre. Coal & Iron workers in this era did not use Lava soap before going home, and these change bills were locally necessary at the company store. Most were redeemed, making the majority extremely rare. A fully signed and issued note. This uses the clause "This is not intended to be used as a circulating medium" to comply with the law. Printed on thick paper without imprint. The factory is in the center; an eagle is at lower left; and plow and wheat are at lower right. The green back shows a perpendicular scene of coal miners at work. We have one sale record, the Wendell Wolka sale of course, and his 10 cents in Very Good realized $764. In its favor, a 4th issue 10 cents vignette. In this example's favor, a desirable pedigree and superb grade for such a note. It might be unique as a denomination.
    Ex: Eric P. Newman Numismatic Education Society

    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    October, 2015
    21st-24th Wednesday-Saturday
    Internet/Mail Bids: 9
    Lot Tracking Activity: N/A
    Page Views: 204

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 20 days left to consign to the 2018 December 5 - 7 HKINF World Currency Signature Auction - Hong Kong!

    Learn about consigning with us

    I think heritage is the best auction house and has the best service - that’s why I use you. 
    Sara B.,
    Dubai, UAE
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2018 September 6 - 10 Long Beach Expo World Currency Signature Auction - Long Beach
    2018 September 6 - 10 Long Beach Expo World Currency Signature Auction - Long Beach
    REALIZED $2,744,289