What is it

[tk2316]

Token says fun old age w #1 and assistance on one side other side too damaged to read. Also what is the dragon thing. Thanks

 

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[garyo1954]

please post a pic of both sides of the token?

 

[nhbenz]

Oklahoma tax token apparently: old age assistance token oklahoma - Google Search
FOR, rather than FUN.
I don't yet know exactly how they were used, but there seems to be no shortage of info. (maybe too much), so hopefully someone can fill in that blank.

 

[idahotokens]

The token with the hole is an Oklahoma tax token which was worth 1 Mill (1/10 of a cent). These type of tokens were used by several states when they instituted a statewide sales tax in the 1930s. They hadn't thought of the method used today which is bracketing the tax so that even cent taxes are charged. As an example of how this worked, say the tax was 2% and somebody bought a 5¢ candy bar. The tax would be 0.1¢ or 1 Mill. If the person happened to have one of these tokens, all was fine - they paid a nickel and the token. However, quite often they paid 6¢ and got back 9 tokens in change. There were gazillions of tax tokens made for the states that used them. They were made of brass, aluminum (like this one), fiber, plastic, and cardboard. Quite often travelers ended up carrying tokens home, so that is why tax tokens are found all over the country. There is little market value in them.
John in the Great 208

 

[tk2316]

 

[garyo1954]

Thanks! Idahotokens nailed it.

 

[tk2316]

Preciate ya sir goid luck

 

[cw0909]

i think the dragon is a watch fob and the hawk brand is clothing
Bigcypresshunter ID it here in 2011
http://www.treasurenet.com/forums/what/248659-hawk-brand-button.html#post2429876

 

[cw0909]

whoops meant key chain fob