Click for Coin Articles
Coin or Token
What is the difference between a coin, token, and medal?
This is important to know, because even many collectors confuse them, calling
them all coins. A coin is a piece of (usually) metal with an assigned value,
issued by a governing body. If it's not issued by some form of government, it's
not a coin. A token is a piece that is privately issued, with or without a
specified value, but often used in lieu of coins. A medal is a piece issued to
commemorate, honor or recognize an event, place, person or group, with no stated
value and not intended to circulate as money. A medal may be a private, or a
government issue, but its sole purpose is to commemorate something.
|
|
|
| Contributor |
| to the |
| Red Book |
|
Joel
D Rettew Rare Coins
23685 Moulton Pkwy B1
Laguna Hills, CA 92653
© 1992-2007 Coins, All Rights Reserved
