Green’s Dictionary of Slang

1. a light-skinned black woman.

1942

Z.N. Hurston ‘Story in Harlem Sl.’ in Novels and Stories (1995) 1010: Pink toes: yellow girl.

2. a white woman, esp. a black man’s white girlfriend; occas. a white man.

1930		M. West Babe Gordon (1934) 159: Dere goes Money Johnson wit’ his ofay broad. [...] Lor’, chile, he ain’t dealin’ in nothin’ now but pink-toes!
1946		D. Burley N.Y. Amsterdam News 30 Nov. 19: That pink toe from Virginia who wrote about the Negro, championing our cause.
1958		Hughes & Bontemps Book of Negro Folklore 486: pink toes : White, usually in reference to a female. Pink toes get all the breaks on Broadway.
1961		C. Himes Pinktoes (1989) 9: Pinktoes is a term of indulgent affection applied to white women by Negro men, and sometimes conversely by Negro women to white men, but never adversely by either. [Ibid.] 10: The pinkest of Pinktoes dripping with furs and diamonds.
1971		(con. 1930s) D. Wells Night People 56: He said he’d had it for pink-toes.
2000		Ebonics Primer at www.dolemite.com 🌐 pink toes Definition: white women Example: Yo! Check that sellout nigga macking to all those pink toe hoes.
2019		N. Walker Cherry 236: He said, ‘I fucked a pink toe last night [...] She had a nice ass for a white girl’.

3. a generic term for the white race.

1942		Z.N. Hurston Dust Tracks on a Road (1995) 262: The idea of human slavery is so deeply ground in that the pink-toes can’t get it out of their system.
1971		(con. 1930s–50s) D. Wells Night People 118: Pink-toes. A white person.