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| | Token Coins, Their history and types |
 | | The definition applies to the true token; but there are others which, although not, strictly speaking, substitutes for coins of the realm, are issued by private persons or companies as advertising mediums, bar or bottle tokens, as discounts on purchases, for use in amusement machines, etc. All tokens have an advertisement value. |
 | | However, the relatively low value of token coins used as currency reflects the stigma often attached to these coins when theses values are compared to the much higher prices paid for official currency. |
 | | These are bona fide private coins issued by traders in times of acute shortage of coin of the state to enable trading activities to proceed. |
| www.tokencoins.com /hist1.html (1542 words) |
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