token coins
Stand-in metal discs
Token coins are coins whose face value exceeds the value of their metal content—the opposite of bullion coins.
Most modern circulating coins are token coins: a quarter contains far less than twenty-five cents worth of metal.
The term distinguishes currency that derives value from government backing rather than intrinsic worth.
- collectible itemObject gathered for value
- mintingProducing official currency
- medallionLarge decorative disk pendant
- arcade tokensAmusement venue currency
- slot machineCoin-operated gambling device
casino chip · denominations · face value · coinage · proof coins · rare coins · historical artifact · commemorative coins · redeemable · Bitcoin · monetary · laundromat · currency · transit · vending · Ethereum · pocket · turnstile
intrinsic value
token coinsbullion coins
Coins priced by metal content
specie · gold coins · silver coins · hard money · gold bullion