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  1. #1
    us
    Apr 2007
    Elmira, NY
    Minelab e-trac/Tesoro Cortes / Garrett Ace 250 w/15x13 sef butterfly search coil
    118
    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 e-trac/Tesoro Cortes / Garrett Ace 250 w/15x13 sef butterfly search coil
    118
    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
    Charter Member

    Oct 2004
    N. San Diego area (Pic of my two best 'finds')
    Minelab Explorer
    11,604
    1542 times
    All Types Of Treasure Hunting
    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
    Charter Member

    Oct 2004
    N. San Diego area (Pic of my two best 'finds')
    Minelab Explorer
    11,604
    1542 times
    All Types Of Treasure Hunting
    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 e-trac/Tesoro Cortes / Garrett Ace 250 w/15x13 sef butterfly search coil
    118
    All Types Of Treasure Hunting

    Re: Sales Tax Receipt Token

    interesting, thanks for the info !!

  8. #8

    Aug 2003
    1,273
    155 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
    Charter Member

    Oct 2004
    N. San Diego area (Pic of my two best 'finds')
    Minelab Explorer
    11,604
    1542 times
    All Types Of Treasure Hunting
    Honorable Mentions (2)

    Re: Sales Tax Receipt Token

    John; thanks.

 

 

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