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What Is an Opa Blue Point Coin?

Get clear answers concerning What Is an Opa Blue Point Coin.

They were made of a vulcanized fiber and were 16-mm in diameter. These basically were “small change” for stamps from ration books. The blue tokens had a value of one point and had two letters and read “OPA Blue Point 1.” There are 24 different letter combinations known for the blue tokens.

Why was the OPA created?

President Roosevelt established the Office of Price Administration and Civilian Supply in April 1941 to “stabilize prices and rents and prevent unwarranted increases in them; to prevent profiteering, hoarding and speculation; to assure that defense appropriations were not dissipated by excessive prices; to protect …

What did the OPA do quizlet?

The OPA froze wages and prices and initiated a rationing program for items such as gas, oil, butter, meat, sugar, coffee and shoes in order to support the war effort and prevent inflation. The functions were originally to stabilize prices (price controls) and rents after the outbreak of World War II.

How much are ration coins worth?

As mentioned earlier, rationing stamps were worth ten points, so OPA tokens would be used to make change, which is why they’re worth one point. Nowadays they are worth fifty cents on average. Dealers at coin shows and coin shops have bins of them for 50 cents a piece or even less.

What did the WPB do?

The WPB directed conversion of industries from peacetime work to war needs, allocated scarce materials, established priorities in the distribution of materials and services, and prohibited nonessential production. It rationed such commodities as gasoline, heating oil, metals, rubber, paper and plastics.

What are ration tokens worth?

As mentioned earlier, rationing stamps were worth ten points, so OPA tokens would be used to make change, which is why they’re worth one point. Nowadays they are worth fifty cents on average.

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Sophia Al-Mansoor

Sophia Al-Mansoor

Global Business & E-Commerce Reporter

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.

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