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$40.00 forty dollars

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Q: What is the value of a Missouri sales tax receipt coin?
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If a coin is stamped with copy AC 1093 on the back what does that mean?

It means the coin was not issued by the U.S. Mint and is just a copy having no monetary value.


What are miscellaneous assets?

Things other than money, bank accounts, business assets and property, for example coin collections, art work or anything else of value.


How do you get a coin certified?

Coins are certified by NGC and PCGS. A coin shop can help you or search on the internet. It costs something to get a coin certified.


What does abp mean in a coin book?

It would help to know which "coin book" you see this abbreviation in and what it applies to. It may be [Average Buy Price] or something specific to a publication.


What was the Oklahoma tax check coin used for?

Sales tax tokens were made in great quantities starting in 1935 in order to give change for sales taxes. Sales tax resulted in the final price of items having fractions of a cent. For example, purchase of a $1.25 item, taxed at 3%, would cost $1.2875, or $1.28 and 3/4c. What to do? Rounding up to $1.29 would result in a "unfair" profit to the seller of 1/4c, but rounding down would be unfair to the seller by reducing the profit by 3/4c. The solution was to provide tokens denominated in fractions of a cent, or "mills" (1 mill = 1/1000 of a dollar, or 1/10 of a cent). So in the above example, the customer would pay $1.29 and receive 2.5 mills in tax tokens as change. If the next purchase came to $3.4325, the customer could pay $3.43 plus the 2.5 mills in tax tokens. As you can imagine, people did not like having to carry a second set of coins, and to further complicate matters, different states issued different tax tokens. The use of tax tokens declined and was finally discontinued in 1961, and people basically decided not to worry about fractions of a cent.

Related questions

Where do i sell my Missouri tax receipt coin?

You could try selling it to a coin shop, or sell it online on an auction site such as eBay.


What is the value of a 1974 50 francs uncirculated coin?

The value of a 1974 50 francs uncirculated coin can vary depending on its condition, rarity, and demand among collectors. It is recommended to consult with a coin appraiser or check recent sales of similar coins to get an accurate estimate of its value.


How much is napoleon 3 coin from 1954 worth?

The value of a Napoleon III coin from 1954 can vary depending on its condition, rarity, and demand among collectors. It is recommended to have the coin assessed by a professional numismatist or check recent sales of similar coins to get an estimate of its value.


Is there sales tax due when buying old coins above face value?

It depends on the State laws where the coin is sold.


What is the value of a 1923 liberty head dollar with the liberty head and eagle in gold plating and rest of the coin in silver?

This coin was modified after minting for sales promotion. All collector value has been lost. As a novelty item it has a value of about $15 - if you can find an interested buyer.


When was the Missouri state coin made?

2003


How do you calculate the silver value of a coin?

The value of a silver coin is always changing because the value of silver is always changing. See the related link below for a silver coin value calculator. This does not give the actual value of the coin but it does give the value of the metal used to make the coin. This is know as the melt value.


What is an American coin of small value?

the smallest value of a coin is a penny.


When a coin has a value because of the amount of metal content it is said to have a value known as?

intrinsic value If a coin had value because of its metal content, you would refer to the "bullion value" or the "melt value" of the coin, as versus the "numismatic value" that a coin which was rare or in exceptional condition would have.


What is the value of a silver coin AD960?

Metal value depends on the purity of the silver and the weight of the coin. Numismatic value depends on the condition of the coin.


What is the value of a 1799 coin?

The value of a 1799 coin depends on the coin's denomination such as dime or quarter. It also depends on what country the coin came from, where it was minted and the condition of the coin. Without that information, it is impossible to state a value.


How much is cien piezas en kilog dilez centimos 1870 coin worth?

The value of a cien piezas en kilog dilez centimos 1870 coin can vary depending on its condition, rarity, and demand among collectors. It is advisable to have the coin evaluated by a professional numismatist or to check recent sales of similar coins in auctions or coin marketplaces to determine its current market value.