Indiana Digger
Hero Member
- Oct 13, 2010
- 509
- 37
- Detector(s) used
- White's Eagle II SL90
- Primary Interest:
- All Treasure Hunting
Found: 10/19/2010
Location: At an 1865 Home in Hartford City, Indiana. (HJJM)
Details: Today was my first day on this property. I was quickly losing daylight, so I only had two hours here today. In addition to this token, I also found a 1941 Wheatie, a brass finial, a 1963 Rosie and four modern Lincolns. Can't wait to put in a full day here - it has so much potential!
This was found along the home's foundation at a depth of only one inch. At one time, this home took in boarders, which may explain how a token from Colorado ended up in this location.
What is a sales tax token?
Colorado used sales-tax tokens from Sept. 1, 1935,to Feb. 28, 1945, according to the American Numismatic Association. The tokens were used when Colorado established a sales tax of 2 percent and had to figure out how that would be paid in amounts less than 1 cent. Sales of 5 cents or less had no tax, 6 to 14 cents had one token, 15 to 24 cents two tokens, etc. Sales tax on 45 to 50 cents was a penny. The tokens were issued in huge numbers, first in aluminum and then plastic.
Happy Hunting!
~Indiana Digger~
Location: At an 1865 Home in Hartford City, Indiana. (HJJM)
Details: Today was my first day on this property. I was quickly losing daylight, so I only had two hours here today. In addition to this token, I also found a 1941 Wheatie, a brass finial, a 1963 Rosie and four modern Lincolns. Can't wait to put in a full day here - it has so much potential!
This was found along the home's foundation at a depth of only one inch. At one time, this home took in boarders, which may explain how a token from Colorado ended up in this location.
What is a sales tax token?
Colorado used sales-tax tokens from Sept. 1, 1935,to Feb. 28, 1945, according to the American Numismatic Association. The tokens were used when Colorado established a sales tax of 2 percent and had to figure out how that would be paid in amounts less than 1 cent. Sales of 5 cents or less had no tax, 6 to 14 cents had one token, 15 to 24 cents two tokens, etc. Sales tax on 45 to 50 cents was a penny. The tokens were issued in huge numbers, first in aluminum and then plastic.
Happy Hunting!
~Indiana Digger~
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