Washington State Tax Token Value Guide
- Period
- 1935-1941
- Origin
- United States
- Materials
- Aluminum
- Category
- Tax token
Issued under the 1935 Revenue Act of Washington, these aluminum tax tokens were essential for paying exact 2% sales tax amounts during the Great Depression. They represent a unique era of American economic history when fractional 'mill' currency was necessary for everyday transactions.
What affects the value of Washington State Tax Token?
- Condition of the aluminum surface, as this soft metal is prone to scratches and oxidation.
- Legibility of the embossed text and the sharpness of the central hole edges.
- Historical provenance or evidence of being part of a larger Depression-era collection.
- Current market demand for 'mill' tokens and fractional currency artifacts.
How to Identify Washington State Tax Token?
- Look for the distinct central hole used for easy carrying on strings or wires.
- Verify the material is lightweight aluminum, typical of the 1935-1941 production era.
- Check for the specific 'State of Washington' and 'Tax Token' embossed lettering.
- Confirm the presence of the 2% sales tax designation associated with the 1935 Revenue Act.
History of Washington State Tax Token
During the Great Depression, many states implemented sales taxes to bolster revenue. Because items often cost a fraction of a cent in tax, tokens were minted to allow citizens to pay exact amounts. This specific token was issued under the 1935 Revenue Act of Washington, which established a 2% sales tax. These 'mill' tokens were eventually phased out as inflation rendered fractional currency unnecessary and paper bookkeeping became more efficient.
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