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  1. #1
    us
    Feb 2008
    Prairieville, Louisiana
    Minelab CTX 3030, Explorer SE, Whites DFX
    583
    3 times

    Louisiana Luxury Tax Token

    Found another token but I think this one has seen better days











    "The best discriminator is a shovel"

  2. #2
    us
    " Yo Momma "

    Feb 2008
    Shreveport, Louisiana
    Miinelab CTX-3030, Minelab E-Trac, Minelab Explorer II, Whites Dfx
    1,063
    14 times
    All Types Of Treasure Hunting

    Re: Louisiana Luxury Tax Token

    Fertilizer is a bad thing on La. tokens!!! Lol!

    Steve
    I SUGGEST WHEN YOUR IQ REACHES 75.........SELL!!!

  3. #3
    us
    When the going gets wierd, the wierd turn pro...I am a wealth of mostly trivial information.....

    Jan 2011
    Formerly New Orleans.. Now Pueblo Co
    Garrett Ace 350 and Propointer
    4,833
    3196 times
    All Types Of Treasure Hunting

    Re: Louisiana Luxury Tax Token

    dug one of those a few days ago, but it was completely smoked. I have a bunch of them in really good shape (non-dug) though, pretty neat tokens.
    "That's me, on the beach side combing the sand, metal meter in my hand, sporting a pocket full of change"...... NOFX

    I collect military relics, mainly German and American, but interested in others as well, pre 1945 .. Always interested in adding to my collection

    some of my antique photo collection : http://forgottonimages.tumblr.com/



  4. #4
    us
    MANDAD76

    Jun 2008
    BAYTOWN, TEXAS
    SPECTRA V3i/BHID 300
    216
    33 times

    Re: Louisiana Luxury Tax Token

    Got a few of those too - but most are not in very good shape. Nice find!

  5. #5
    Charter Member
    us
    Scotland, Aye !!

    Oct 2004
    N. San Diego area (Pic of my two best 'finds'; son and grandson)
    Minelab Explorer
    19,097
    11650 times
    Research and History
    Honorable Mentions (2)

    Re: Louisiana Luxury Tax Token

    Some history:
    Louisiana Tax Tokens were used to collect sales tax of fractions of a cent.
    • One Mill is 1/10th of a cent.
    • Five Mills is 1/2 cent.
    The first tax tokens issued by the state of Louisiana were in conjunction with the Luxury Tax Act of 1936.
    It was termed "Luxury Tax" because of the numerous exemptions. Although the law specifically exempted about seventy-five items from the tax, the state released an expanded list of exemptions.
    This list included such items as alcoholic beverages, bottle openers, cigars, lawn mowers, maple syrup, and plum pudding. Merchants and consumers claimed it was confusing because it taxed articles as necessities while exempting some classed as luxuries.
    The tokens were released on October 1, 1936 and within ten days more than four million tokens were in circulation in the New Orleans area alone. The Luxury Tax Act of 1936 was repealed by the Public Welfare Revenue Act of 1938. All Luxury Tax tokens were to be withdrawn with a deadline for redemption of December 31, 1938.
    While the Public Welfare Revenue Act reduced the tax rate to 1% and contained fewer exemptions than its predecessor, it was no more popular. One of the campaign issues in the 1939 Governor's race was abolition of the Public Welfare tax. As a result, Governor Sam Jones approved repeal of the act on July 9, 1940, effective December 31, 1940.
    Eight million five mill and forty-nine million one mill tokens were issued for this tax. Final redemption of the tokens took place March 31, 1941, and fewer than seven million tokens were returned.
    Don....

  6. #6
    us
    When the going gets wierd, the wierd turn pro...I am a wealth of mostly trivial information.....

    Jan 2011
    Formerly New Orleans.. Now Pueblo Co
    Garrett Ace 350 and Propointer
    4,833
    3196 times
    All Types Of Treasure Hunting

    Re: Louisiana Luxury Tax Token

    I just dug mine out.....I have:
    Louisiana..
    3 luxury tax 5 mill made of brass I think
    2 welfare tax 5 mill also brass
    14 public welfare 1 mill
    13 luxury 1 mill

    2 Mississippi 1 mill sales tax
    2 Alabama 1 mill luxury tax
    1 Alabama 1 mill sales tax

    Most of them look as good as the day they were made. I thought I had something rare when I found them, but the value range seems to be around 25 cents each I still think they are really cool though.
    "That's me, on the beach side combing the sand, metal meter in my hand, sporting a pocket full of change"...... NOFX

    I collect military relics, mainly German and American, but interested in others as well, pre 1945 .. Always interested in adding to my collection

    some of my antique photo collection : http://forgottonimages.tumblr.com/



  7. #7
    us
    Nov 2012
    New Orleans
    Teknetics alpha 2000 ,garret pro pointer
    3,359
    1150 times
    Metal Detecting
    I just dug one yesterday
    Ad Majorum Dei Gloriam

  8. #8

    Jan 2013
    3,031
    1755 times
    All Types Of Treasure Hunting
    Quote Originally Posted by Mackaydon
    Some history:
    Louisiana Tax Tokens were used to collect sales tax of fractions of a cent.
    • One Mill is 1/10th of a cent.
    • Five Mills is 1/2 cent.
    The first tax tokens issued by the state of Louisiana were in conjunction with the Luxury Tax Act of 1936.
    It was termed "Luxury Tax" because of the numerous exemptions. Although the law specifically exempted about seventy-five items from the tax, the state released an expanded list of exemptions.
    This list included such items as alcoholic beverages, bottle openers, cigars, lawn mowers, maple syrup, and plum pudding. Merchants and consumers claimed it was confusing because it taxed articles as necessities while exempting some classed as luxuries.
    The tokens were released on October 1, 1936 and within ten days more than four million tokens were in circulation in the New Orleans area alone. The Luxury Tax Act of 1936 was repealed by the Public Welfare Revenue Act of 1938. All Luxury Tax tokens were to be withdrawn with a deadline for redemption of December 31, 1938.
    While the Public Welfare Revenue Act reduced the tax rate to 1% and contained fewer exemptions than its predecessor, it was no more popular. One of the campaign issues in the 1939 Governor's race was abolition of the Public Welfare tax. As a result, Governor Sam Jones approved repeal of the act on July 9, 1940, effective December 31, 1940.
    Eight million five mill and forty-nine million one mill tokens were issued for this tax. Final redemption of the tokens took place March 31, 1941, and fewer than seven million tokens were returned.
    Don....
    Mackaydon, thanks for the education about these tax tokens. Up till now it was clear as mud for me but now i understand how they were used.

  9. #9

    Mar 2013
    jena, la
    Garret ace 350 Bounty hunter fast tracker 2 Whites classic 3 sl Garret pro pointer
    19
    3 times
    All Types Of Treasure Hunting
    1 have a 1 mill and 5 mill lux tax from la . Not worth nothin but glad to havem!!

 

 

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