Missouri Sales Tax Token Value Guide

The Missouri Sales Tax Token is a fascinating artifact from the 1940s, representing a time when states issued fractional currency to handle small tax calculations. These specific red plastic tokens were born out of World War II metal shortages, replacing earlier zinc and aluminum versions to facilitate transactions worth 1/10th of a cent.

What Is Missouri Sales Tax Token Worth?

The typical price range for Missouri Sales Tax Token is $2 - $5 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Surface condition is vital, as plastic tokens are prone to scratches, fading, and warping over time.
• The presence of original luster or a lack of 'pocket wear' on the raised lettering significantly increases collector interest.
• While common, tokens found in original rolls or bulk quantities from the 1940s can command higher prices.
• The specific production year and mold clarity affect the final market value within the $2 to $5 range.

How to Identify Missouri Sales Tax Token?

• Look for the distinct vibrant red color characteristic of the 1943-1948 plastic production era.
• Verify the central hole design which was standard for Missouri tokens to distinguish them from regular coinage.
• Check for the embossed text 'Missouri Sales Tax Receipt' and the '1' denomination indicating one mill.
• Ensure the material is a lightweight, rigid plastic rather than the earlier metal alloys used before 1943.

History of Missouri Sales Tax Token

During the Great Depression, many states implemented sales taxes to generate revenue. Because a 1% or 2% tax on a small purchase would often result in a fraction of a cent, states issued 'tax tokens' or 'mills' worth 1/10th of a cent. Missouri transitioned from metal to plastic tokens like this one during the 1940s due to metal shortages during World War II. They were eventually phased out by the late 1940s and early 1960s as the value of a mill became negligible.