Thursday, September 8, 2016

Flint Artifacts: Food Stamp Credit Tokens


Is there anything that someone won't collect? Apparently not.

Via CoinWeek, Bruce Smith writes:

Though there has been little collector interest in them, most food stamp tokens are actually RARE. Why? When the tokens were discontinued, Neil Shafer in Milwaukee went to the manufacturer in LaCrosse and purchased all the samples kept by the company for reference. All uncirculated and mostly in full sets, thousands of these sets were sold around 1980 through auctions by Christensen & Stone (Temple City, CA) and later by other token dealers. I tried to buy every Missouri set in the C & S sales, but I missed a few — and never saw them offered again until the past year or so. 
Back in the 1980s these tokens were generally only sold in full sets, for $2 to $3 a set. The ones I missed that’ve turned up on eBay in the past year I was unable to buy at $15 to $20 a set. The reason most of these tokens are rare is because most of them only exist as samples from the manufacturer — who was unlikely to have kept more than two or three sets from each issuer. The stores most likely threw away the ones they had on hand. Many store owners believed, incorrectly, that the tokens were also illegal to own (or collect) if you were not registered in the program.


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