I always like a good piece of American history, and that’s why these caught my attention. During the Great Depression, people valued their pennies so much that they actually dealt in fractions of cents! These are sales tax certificates valued at 1/8 of a penny, 1/4 of a penny, etc.
These days, if you buy something from me for $17.50 and I calculate tax at 7% it comes out as $1.225. Nowadays we round that up to $1.23, but back then you would literally pay the merchant $1.22 plus a half of a cent worth of sales tax tokens. The problem is that only 12 states did this, and each state only accepted their own tokens, so imagine how much change people were carrying around! Needless to say….it didn’t last long.
It makes a cool little remembrance of the past though- I have several available, all different states. Price= $3.0025 each. Kidding- you can round that down to $3.00