-40%

Vintage 1938-1941 Louisiana Luxury Tax Token 1 Mill

$ 1.31

Availability: 27 in stock
  • Composition: Aluminum
  • Shape: Round with cutouts (Triangular hole)
  • Circulated/Uncirculated: Circulated
  • Size: 22.8 mm or 0.8976378 inch
  • N#: 88359
  • Condition: Scratches, wear from age
  • Country/Region of Manufacture: United States
  • Currency: Louisiana - Sales Tax Tokens

    Description

    Louisiana Tax Tokens were used to collect sales tax of fractions of a cent. One Mill is 1/10th of a cent. Five Mills is 1/2 cent. The first tax tokens issued by the state of Louisiana were in conjunction with the Luxury Tax Act of 1936. This was a tax of 2% on selected items. Public Welfare Revenue Act of 1938 replaced this Luxury Tax.
    Penny not included in listing.