Found a 1935 New Mexico Emergency Tax Token

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Found a 1935 New Mexico Emergency Tax Token

Postby zerocd » Fri Feb 04, 2011 6:51 pm

I think it was in a roll of pennies although it's the size of a 1 cent Euro coin.

I was shocked when I took a close look today.

Mine is in better shape although there is a bright new light scrape mark.

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http://wiki.answers.com/Q/What_is_a_1935_new_mexico_bureau_of_revenue_1_mill_tax_token_worth

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Re: Found a 1935 New Mexico Emergency Tax Token

Postby AGgressive Metal » Fri Feb 04, 2011 8:27 pm

I find tax tokens all the time in junk boxes - its a cool piece of history and how people paid sales tax back before credit cards and computers. If you paid, say, 11 cents on a 10 cent item with a 5% sales tax rounded up, you got 5 mils back in tax tokens, which you could redeem for currency once you got a certain amount. At least that is my understanding.
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For nothyng is better than lyberte
For lyberte shold not be wel sold for alle the gold and syluer of all the world
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Re: Found a 1935 New Mexico Emergency Tax Token

Postby cesariojpn » Fri Feb 04, 2011 10:07 pm

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Re: Found a 1935 New Mexico Emergency Tax Token

Postby NotABigDeal » Sat Feb 05, 2011 10:48 pm

I've came across a few myself. Pretty cool find.

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