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Tokens and Medals
APMEX offers a superb selection of Tokens and Medals that make unique additions to any collection. Used in place of coins, tokens have a denomination shown or implied by their size, shape or color. True tokens before 1932 were often made of cheaper materials such as copper, pewter, aluminum, brass and tin.

The key difference between tokens and coins is that a coin is issued by a local or national authority and is exchangeable for goods or other coins, while a token has a more limited use and is often issued by a private company, group, association or individual. Coins have a specific denominational value and can be widely exchanged and accepted everywhere.
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