Sales tax tokens tend to be junk box material, often selling for a dime or so. Some rare varieties, though, have sold for as much as $500.
What are US tax tokens worth?
Tax tokens come from States with sales tax and sharp pencils. They have been used over the years to account for the finicky problem of levying sales tax on small purchases. It the tax is 3 percent, and the purchase is 10 cents, how does a merchant collect.
How much are Washington tax tokens worth?
An aluminum sales tax token from the state of Washington, valued at 2 mills ( 1⁄5 cent) and good for the “tax on purchase of 10 cents or less” under the state’s 2% retail sales tax law.
How much is a Missouri sales tax token?
Thus, if someone purchased an item worth ten cents and the sales tax was two percent, then the seller would charge eleven cents and give the customer sales tax tokens totaling eight mill for change.
What were sales tax tokens used for?
Sales tax tokens were fractional cent devices used to pay sales tax on very small purchases in many American states during the years of the Great Depression. Tax tokens were created as a means for consumers to avoid being “overcharged” by having to pay a full penny tax on purchases of 5 or 10 cents.
What are Opa red points?
OPA points are small vulcanized fibre red and blue ration tokens issued during World War II to make change for ration coupons. Approximately 1.1 billion red and 0.9 billion blue were produced, and even though many were collected and destroyed after the war, they are still quite common today.
When did Washington State stop using tax tokens?
By the end of the 1930’s token use was eliminated. Issued in a variety of materials: cardboard, brass, bronze, aluminium, pressed cotton fibre and plastic, mintages were high, but as these little tokens approach 90 years old, they have become collectable.
Are old tax tokens worth anything?
The tokens are avidly sought after by a small group of collectors – many of whom are members of the American Tax Token Society. Sales tax tokens tend to be junk box material, often selling for a dime or so. Some rare varieties, though, have sold for as much as $500.
How do you clean old tax tokens?
The treatment is to place zinc items in cleaner and shake them around for a few seconds, then rinse them and tumble with gravel and dish soap for an hour. I would research it more before trying it on an old item. If you have a tumbler, toss it in with your Pennies.
Where do I pay my sales tax in Missouri?
You have three options for filing and paying your Missouri sales tax: File online – File online at the Missouri Department of Revenue. (If filing from out of state, choose “Vendor’s Use Tax.”) You can remit your payment through their online system.
How much is a mill worth?
One mill is one dollar per $1,000 dollars of assessed value.