Ended
3892. UNCUT SHEET 1870 Company Scrip SALEM GLASS WORKS
Details
Item #
3892
Price
$330
Start Date
5/21/2012 6:00:00 PM
End Date
5/31/2012 10:16:00 PM
Buyer
gaffer
Seller
North American Glass
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Description
A rare original uncut sheet of Company scrip currency notes from the SALEM GLASS WORKS of Salem, NJ dated August 22nd, 1870. Contains 4 denominations from 50 cents down to 5 cents. These notes were used to pay employees their salaries, who could then redeem their pay only in the Company store, where merchandise was often over-priced. This racket was eventually outlawed as an unfair labor practice. The sheet is in nice shape and measures 14 x 8-3/4. Framed.