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Sales tax tokens...
My great grandmother collected a bunch of these in the thirties and forties. Some are paper, plastic, fiber etc.
Does anyone collect these? Are they worth anything? I would imagine most are not worth much. Any info would be appreciated.
Does anyone collect these? Are they worth anything? I would imagine most are not worth much. Any info would be appreciated.
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extremely common in typical condition and some are even com-
mon in unc. Very few are common in gem.
These really are coins issued by the states and sometimes used
as lawful money. In 1935 the secret service pulled the plug on
them because they were competing with issue of the US Mint.
There are a few rarities which bring premiums and a few tougher
ones that sell for a dollar or two but with so many millions of
these surviving and only a few hundred serious collectors typ-
ical varieties get little attention.
This might change some day as more people come to see that
they truly are coins and more people will collect them as such.
Now something with a few hundred examples in existence is con-
sidered pretty common but that might change and the typical hor-
hid condition resulting from being poorly made and circulated can
cause interest in the higher grades.
I wouldn't hold my breath but as they sometimes say; time flies.
60 years into this hobby and I'm still working on my Lincoln set!
<< <i>I believe they were used in some states like Missouri into the 1960's >>
I know Ohio used a paper ticket and some other states did as well into the '60's but I don't believe any metal, fiber, or plastic tokens were.
I've got a copy of J F Schimmel's US State-issued Sales Tax Tokens- 1980. ...Forgot I had this.
He says MO still used plastic up to 1961.
I must also be confused since he says the first state issued pieces were in 1935.
Every collection/accumulation should have some.