Welcome guest, is this your first visit?
Member
Discoveries
 
Results 1 to 13 of 13
  1. #1
    us
    Apr 2007
    Elmira, NY
    Minelab CTX 3030/Minelab e-trac/
    158
    6 times
    All Types Of Treasure Hunting

    Sales Tax Receipt Token

    Can anyone help date this and let me know if there is any value to this token I found ? It's a Missouri sales tax receipt token that I found here in upstate NY. Not sure how it ended up here and it has me curious. Both sides look the the same. Thanks for looking !
    Attached Thumbnails Attached Thumbnails Click image for larger version. 

Name:	tax token.jpg 
Views:	1190 
Size:	104.5 KB 
ID:	593860  

  2. #2
    us
    May 2008
    Central South Carolina
    White's Machines- Metal Detecting, Privy Digging, Arrowheads, Prospecting, Catfishing, Harley Riding
    169
    1 times
    All Types Of Treasure Hunting

    Re: Sales Tax Receipt Token

    Quote Originally Posted by fbjr
    Can anyone help date this and let me know if there is any value to this token I found ? It's a Missouri sales tax receipt token that I found here in upstate NY. Not sure how it ended up here and it has me curious. Both sides look the the same. Thanks for looking !
    Really great pics. That's what is known as an "invisible token."

  3. #3
    us
    Apr 2007
    Elmira, NY
    Minelab CTX 3030/Minelab e-trac/
    158
    6 times
    All Types Of Treasure Hunting

    Re: Sales Tax Receipt Token

    lol, sorry.... you hit it right on the nose

  4. #4
    us
    May 2008
    Central South Carolina
    White's Machines- Metal Detecting, Privy Digging, Arrowheads, Prospecting, Catfishing, Harley Riding
    169
    1 times
    All Types Of Treasure Hunting

    Re: Sales Tax Receipt Token

    I found a 5 cent one in South Carolina. These must be one of the most common tokens out there because I've seen them posted on here numerous times.

  5. #5
    us
    Scotland, Aye !!

    Oct 2004
    N. San Diego area (Pic of my two best 'finds'; son and grandson)
    Minelab Explorer
    18,008
    8969 times
    Research and History
    Honorable Mentions (2)

    Re: Sales Tax Receipt Token

    Another onliners response to the same Q. a couple of years ago:
    "You have a Depression era tax token. It is from the 1930's and some states mostly western used them. Sales taxes were new and very low sometimes it figured out to less than a cent. They used the mil denomination for it was less than a cent, 100 to a cent I believe. Sales tax tokens are worth around a $1 each. Most states stopped using them after a few years as times got better and prices started to rise ."
    Don....

  6. #6
    us
    Scotland, Aye !!

    Oct 2004
    N. San Diego area (Pic of my two best 'finds'; son and grandson)
    Minelab Explorer
    18,008
    8969 times
    Research and History
    Honorable Mentions (2)

    Re: Sales Tax Receipt Token

    and another response:
    First produced in 1935, sales tax tokens were used to make change for sales tax paid. Missouri was one of only 12 states to employ this practice. After a few years, both retailers and the public found their use to be too much trouble, and they were discontinued.


  7. #7
    us
    Apr 2007
    Elmira, NY
    Minelab CTX 3030/Minelab e-trac/
    158
    6 times
    All Types Of Treasure Hunting

    Re: Sales Tax Receipt Token

    interesting, thanks for the info !!

  8. #8

    Aug 2003
    1,935
    796 times

    Re: Sales Tax Receipt Token

    Don--a mill was 1/10, so ten to the cent. These tokens were used in areas where they didn't use the bracketing techniques commonly used today (i.e. 1-15 sale = 1 tax, 16-30 sale = 2 tax, etc.). Back then a 5 sale meant maybe a 2/10 tax, so it cost the consumer 6 and s/he got back 8 mills in tokens. That's why so many of them were required, and since they weren't worth a lot and were a cheap souvenir, tourists carried them home, thus scattering them all over the U. S. of A.
    John in the 208

  9. #9
    us
    Scotland, Aye !!

    Oct 2004
    N. San Diego area (Pic of my two best 'finds'; son and grandson)
    Minelab Explorer
    18,008
    8969 times
    Research and History
    Honorable Mentions (2)

    Re: Sales Tax Receipt Token

    John; thanks.

  10. #10
    us
    Jan 2018
    Cherokee Village
    Garrett AT PRO
    2
    All Types Of Treasure Hunting
    Old thread but I actually dug one of these today . ATP hit 76 @ 8" pretty cool find for me . Oldest thing I've found yet

  11. #11
    us
    Oct 2009
    8,434
    7132 times
    All Types Of Treasure Hunting
    Quote Originally Posted by Magicmantx View Post
    Old thread but I actually dug one of these today . ATP hit 76 @ 8" pretty cool find for me . Oldest thing I've found yet

    Congrats on finding one. They are really pretty cool to collect. Every state had different designs and differnt denominations were different still. In Oklahoma (where I live) the 1 mil tokens are EVERYWHERE old enough to hold them. They are aluminum but typically ring up like pennies. Then the 5 mils were brass and are far less common to find. Some were even made of pressboard paper.

  12. #12
    us
    Feb 2012
    TX
    Whites M6, Fisher F5, Fisher 1265-X, Teknetics T2
    142
    157 times
    All Types Of Treasure Hunting
    Quote Originally Posted by Jason in Enid View Post
    Congrats on finding one. They are really pretty cool to collect. Every state had different designs and differnt denominations were different still. In Oklahoma (where I live) the 1 mil tokens are EVERYWHERE old enough to hold them. They are aluminum but typically ring up like pennies. Then the 5 mils were brass and are far less common to find. Some were even made of pressboard paper.
    Those 1 mil pressed and cardboard tokens don't ring up very well, about like the plastic Missouri ones
    Although originally issued in the depression, Oklahoma used them longer than most states. I have a handful of OK tax tokens.

    Here is a good reference site: "Sales Tax Token Encyclopedia and Catalog"

    I think the values shown on the common tokens is way off, look at the tax token lot prices on Ebay and you'll see many in the 10 cents each or less range.

  13. #13
    us
    Oct 2009
    8,434
    7132 times
    All Types Of Treasure Hunting
    Yeah, I bought a full collection of OK tokens from ebay for a couple dollars. They would be a lot more fun to dig up if they werent reduced to corroded, crumbly discs by the time we find them!

    Oh, I've the secret detector settings for finding the paper and plastic ones.

 

 

Remove Ads

Sponsored Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Search tags for this page

missouri sales tax receipt 1 coin value
,

missouri sales tax receipt coin

,
missouri sales tax receipt coin value
,
missouri sales tax receipt token
,
missouri sales tax reciept coin
,
missouri sales tax token
,
missouri state tax receipt coin
,
missouri tax receipt coin
,
missouri tax receipt coin worth
,
value of missouri sales tax receipt coin
Click on a term to search for related topics.
Powered by vBadvanced CMPS v4.3.0