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Standard coins
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Token coins
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Meaning
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Standard coins are those coins whose face value is equal to their
intrinsic value.
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Token coins are those coins whose face value is higher than their intrinsic
value.
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Metals Used
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Standard coins were made out of standard metals like gold and silver.
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Token coins are made out of cheaper metals like aluminium, nickel,
etc.
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Tuesday, January 6, 2015
Standard coins and Token coins.
