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Sales tax token information


A 1935 Missouri 1 mill token, known in slang as a "milk top" owing to its similarity to milk bottle caps of the era.

Sales tax tokens are fractional cent devices that were used to pay sales tax on very small purchases in many American states during the years of the Great Depression. They 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. Issued by private firms, by municipalities, and by twelve state governments, sales tax tokens were generally issued in multiples of 1 mill (110 cent).[1]

  1. ^ Brian Rxm, "Sales Tax Tokens: US State issues during the 1930s Depression," Brian Rxm website, www.brianrxm.com/

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