OMTEX CLASSES: Standard coins and Token Coins.

Standard coins and Token Coins.

Standard coins and Token Coins.


Standard coins
Token coins
Meaning:
Full bodied money (Standard coins) are those coins whose face value is equal to the intrinsic value.
Tokem coins are those coins whose face value is higher than their intrinsic value.
Metals used:
Full bodied / Standard coins were made out of standard metals like gold and silver.
Token coins are made out of cheaper metals like aluminium, nickel, etc.