It’s difficult to give a definitive value for a Missouri sales tax receipt coin (which are actually tokens , not coins), as it depends on several factors, including:
- Condition: Mint condition tokens will generally be worth more than those that are circulated or damaged.
- Rarity: Some Missouri sales tax tokens are rarer than others, and those types will command higher prices.
- Material: Tokens were produced in various materials like cardboard, metal (zinc, brass, bronze, aluminum), plastic, and fiber. Certain materials might be more desirable or scarce.
- Specific Variety: Within each material and denomination, there might be slight variations (e.g., different fonts, map styles) that affect the value.
- Buyer/Seller: Prices can fluctuate depending on where and from whom you are buying or selling.
- Many Missouri sales tax tokens are relatively common and can be purchased for under $10, sometimes even for just a few dollars.
- Some can be found for prices in the $10-$20 range.
- Occasionally, more scarce or unique varieties might sell for slightly higher amounts, such as the [Missouri Retailers One Mill Sales Tax Receipt Cardboard Token] for $8.09 , or a Luxury Tax 5 Token for $10.19.
- Online Marketplaces: Sites like [Etsy] and [eBay] are good places to search for and buy these tokens.
- Coin Dealers and Collectible Shops: Specialized stores or dealers might carry these types of historical items.
Note: Sales tax tokens were used during the Great Depression in many states, including Missouri, to collect fractional sales taxes (often in “mills,” or tenths of a cent) on small purchases. They were generally phased out by the end of the 1930s, although they lingered in Missouri until the late 1940s.
Are sales tax tokens worth anything?
Consequently, tax tokens are regarded by numismatists as ubiquitous and often are of comparatively little value. On the other hand, certain types and varieties are extremely rare, with as few as one specimen known.
What is a Missouri tax receipt coin?
Great question! First struck in 1935, tax tokens like these were made from various materials like cardboard, metal, fiber and plastic. Each “Mill” was equal to 1/10 cent, and could be used to pay the fractional taxes that were charged on smaller purchases. This 1 Mill red plastic tax token was released for the state of Missouri.
Does Missouri charge sales tax on silver coins?
From my experience, Fortunately, for the sale and purchase of gold and silver bullion, coins, collectibles, and currency, there is a complete exemption from sales tax. Therefore, all purchases of precious metals will be tax free, regardless of amount or form of the metal.