I've found two Alabama Luxury Tax Tokens this year. I'm 49 and I think these things went out of use just before we were born. Seem to be fairly common finds in some areas.
I found a couple 1 mil aluminum ones with holes in the center.
These are better.
13 states thought these were a good idea so people would not be screwed out of less than a penny during retail transactions.
Everyone hated them from consumers to retailers so it wasn't.
Great find! I found a luxury tax token earlier this year. It is smaller than a dime and used back in the 1930's and 1940's. Yours probably dates to then too.