Details, Explanation and Meaning About Token (Numismatics)

Token (Numismatics) Guide, Meaning , Facts, Information and Description

In the study of Numismatics Tokens are coin-like objects used instead of coins. The field of Tokens is part of Exonumia. Tokens are used in place of coins and either have a denomination shown or a denomination implied by size or shape. Tokens have been used for centuries, when governments did not issue enough small denomination coins, for control, for discounts (pay in advance, get something free or discounted), or for other reasons. Railroads used Transportation Tokens for years, to sell rides in advance at a discount (for example: pay for 10, get 11 rides), and many bus and subway tokens are still in use.

The study of tokens used in a town, state or region can be a life long endeavor, and is where a lot of the serious study of history occurs in numismatics.

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