when and why?
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  1. #1

    May 2006
    17

    when and why?

    I had had these tokens for years and not until I found this site did I care to find out about them. one is from mississippi and the other is from Alabama. when did we use these and why?? The quarter is there for size reference, of course, comment on it also if you want.
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    " keep lookin where you're steppin "

  2. #2
    Charter Member
    um
    Jul 2004
    South Florida Cesspool
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    Re: when and why?

    Generally sales tax tokens were in use from 1931-1945.Yours would have been in use probably after 1937.These were used when states first started using a "sales tax".Instead of using money for tax you would pay with these tokens instead of cash.The numbers on them represent "mills",each mill is a tenth of a cent.So your Alabama token would represent 5/10ths of a cent.The Miss. token being only a 1 mill could be used for an item that cost a nickel if the sales tax was 2% for example.Here's a link to a site that can give you a little info. on all kinds of tokens;http://www.chicagocoinclub.org/projects/PiN/cut.html.Scroll down about 3/4 of the page,a couple paragraphs before"THE ROLL CALL OF THE STATES",to read about tax tokens.Take care.

 

 

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