-40%

Vintage New Mexico One Mill Tax Token, Circa 1930s

$ 2.61

Availability: 100 in stock
  • All returns accepted: ReturnsNotAccepted
  • Modified Item: No
  • Circulated/Uncirculated: Circulated
  • Country/Region of Manufacture: United States

    Description

    In the Great Depression era, the State of New Mexico issued tax tokens to obtain funding for schools. The manufacturer of the tokens and the quantity issued are unknown. They are all dated 1935, but they were issued from 1935 to 1941. The token is made of aluminum, and it is about 16mm in diameter. It appears as if this is the variety with the eagle heads facing horizontally, and with two rows of large feathers in the large wing. 30% of the 1 Mill tokens were issued with this variety.
    The obverse of the token has, from the coat of arms of New Mexico and in the center, the Mexican eagle grasping a serpent in its beak, and grasping arrows in its talons. The Mexican eagle is shielded by the American eagle with outspread wings. The American eagle appears to have cactus in its talons. On a banner beneath the eagles is the motto "Crescit Eundo" (it grows as it goes, or the state grows as it advances). Around the perimeter are "New Mexico Bureau of Revenue", with "1935" at the bottom center.
    The reverse of the token has a Zia symbol in the center. Inside the circle in the center of the Zia symbol is the numeral "1'. Around the perimeter are the words "Emergency School Tax on Purchases of Five Cents". Above the Zia symbol are the words "Tax Token", and below the symbol are the words "One Mill".
    Both the obverse and reverse are cleanly struck. There are no scratches or other blemishes on the obverse. There appears to be a die crack on the reverse, running from the "Y" of "Emergency" on the left side, and all the way across to the "O" of "Of" on the right side. There are, also, possible die cracks at the lower right by the Zia symbol. Otherwise, the reverse appears to only have some effects of aging, but little effects of use. Please see the photos.