Litchfield City, Illinois 1/4 cent sales tax token coin pendant necklace American USA IRS Chicago vintage relic souvenir repurposed n002112
note: small coin
Litchfield County, Illinois 1/4 cent tax token ~ rare token!
FEATURING
front lettering:
REDEEMABLE AT CHAMBER OF COMMERCE ·
LITCHFIELD,
1/4 c
ILLINOIS
back lettering:
REDEEMABLE AT CHAMBER OF COMMERCE ·
LITCHFIELD,
1/4 c
ILLINOIS
Sales tax tokens were fractional cent devices used to pay sales tax on very small purchases in many American states during the years of the Great Depression. Tax tokens 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 ( 1⁄10 cent).
• quantity 1
• demonetized {no longer in circulation since 1947 } polished Copper token
• diameter: 19 mm {small coin}
• weight: 2 g
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• no chain or cord
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