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  1. #1
    us
    Apr 2007
    Elmira, NY
    Minelab CTX 3030/Minelab e-trac/Tesoro Cortes w/15x13 sef butterfly search coil
    133
    1 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 !
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  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/Tesoro Cortes w/15x13 sef butterfly search coil
    133
    1 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

    Oct 2004
    N. San Diego area (Pic of my two best 'finds')
    Minelab Explorer
    14,873
    4109 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

    Oct 2004
    N. San Diego area (Pic of my two best 'finds')
    Minelab Explorer
    14,873
    4109 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/Tesoro Cortes w/15x13 sef butterfly search coil
    133
    1 times
    All Types Of Treasure Hunting

    Re: Sales Tax Receipt Token

    interesting, thanks for the info !!

  8. #8

    Aug 2003
    1,615
    417 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

    Oct 2004
    N. San Diego area (Pic of my two best 'finds')
    Minelab Explorer
    14,873
    4109 times
    Research and History
    Honorable Mentions (2)

    Re: Sales Tax Receipt Token

    John; thanks.

 

 

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