Definition of token coin : a coin having an intrinsic value less than its face value — compare standard coin … if the metal content of a quarter is worth less than its face value of 25 cents, the quarter is a token coin. — Money and Banking, 1985.
Definition of token coin : a coin having an intrinsic value less than its face value — compare standard coin … if the metal content of a quarter is worth less than its face value of 25 cents, the quarter is a token coin. — Money and Banking, 1985.