Street Level

Resurrected

Thursday, October 23, 2008

Treasures of an old house

I’ve been doing some foundation work on my house. The house was built in 1891, but there was an addition put on it at a later date. I found this token between two bricks. It is a sales tax token from the 1930’s. (The must be when the addition was built).

Merchants had to pay sales tax based on their daily sales. For a ten cent item and three percent tax rate, the merchant could either round down and not collect tax or round up and charge an extra tem percent. Or they could give sales tax tokens for change. There were around 5000 of these Charleston tokens put into circulation. This ¼ cent token is worth about 2 bucks today.

The amazing thing is, someone put this between two bricks for someone to find, and I actually did. I’ve been on several construction jobs where someone will imbed a new penny somewhere on the job. And I myself have left time capsules in my house when doing some remodeling. But this would have been easily missed.




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