Obverse

Reverse

2 Mills (0.02 Dollars)

Colorado 2 Mills Retail Sales Tax Token

United States (State of Colorado) · 1935-1940s

A small circular aluminum token with a center cutout shaped like a cross within a circle, featuring lettering indicating its use as a state retail sales tax token.

Country: United States (State of Colorado)
Year: 1935-1940s
Denomination: 2 Mills (0.02 Dollars)
Metal: Aluminum
Grade: About Uncirculated to Mint State (AU/MS) with minor handling marks.

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

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Overview

A small circular aluminum token with a center cutout shaped like a cross within a circle, featuring lettering indicating its use as a state retail sales tax token.

Historical significance

During the Great Depression, many US states instituted sales taxes to raise revenue, often requiring fractional cent tokens (mills) to account for tax on small purchases. Colorado issued these tokens starting around 1935.

Obverse (front)

Features the text 'COLORADO' arched at the top, 'RETAIL SALES TAX' below, the numeral '2' on the left and right sides, and a distinct cross-shaped center hole surrounded by concentric rings.

Reverse (back)

The provided images show the identical design or a similar design on both sides (often these tokens had matching obverse and reverse dies or slight layout variations, though here both images display the same layout).

Estimated value

$1 - $5 depending on condition

What drives this coin's value

Condition, aluminum vs. other experimental or rare metal compositions, and presence of original luster.

Grade assessment

About Uncirculated to Mint State (AU/MS) with minor handling marks.

Mintage & rarity

Very common; millions were produced for state tax collection.

Authenticity & counterfeit red flags

Counterfeits are virtually nonexistent due to the extremely low face value and high original mintage of these tokens.

Notable varieties & errors

Varieties primarily consist of minor font differences, metal composition shifts (aluminum, brass, plastic), and die cracks.

Similar coins

Other state sales tax tokens from the 1930s issued by states like Washington, Illinois, Ohio, and Missouri.

Care & preservation

Store in a dry, room-temperature environment using inert holders such as 2x2 flips or an archival coin album. Avoid harsh cleaning or polishing to preserve its original surface.

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