Traces assembled some interesting facts on money at Camp Algona.
From Lt. Col. Arthur T. Lobdell, Commandant:
The P.W. was never paid in money but he was paid in coupons, which they could spend in their canteen for such items as: newspapers, books, soap, haircuts and other non-rationed items. At first they spent all of their earnings, but toward the spring of 1945 they began saving and when they left Algona in the winter of 1946 each averaged about $135.00 of savings to take to Germany.
chits instead of coins: 1¢, 5¢, 10¢, 25¢, 50¢
$805,000 in chits printed
coupon booklets: $1, $3, $5, and $10
printed by Kelsey Coupon Company in Cincinnati, OH
There's lots more in the slide show by Steve Feller: Scrip of the PW Camp at Algona, IA. (Flash required)