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Tokens

Tokens are coin-like objects that can be made out of various materials. Most tokens are metal, but some are made out of plastic, wood, leather, or porcelain. While coins are typically produced by government authorities, tokens tend to be issued by private businesses. Exceptions to both of these rules exist in the form of currency tokens.

Most collectible tokens are those that relate to specific services, such as transit authorities, parking meters, or phone booths. Staff tokens, also known as scrip, reveal the dark side of tokens. Some 19th century companies, especially mining companies, would issue their employees tokens as pay instead of actual money. These company tokens would be used by the workers to purchase goods from the company's store, often at tremendously inflated prices. This allowed companies to pay their workers a slave wage while still ensuring their dependency upon the company itself.

Wooden nickels are curious varieties of tokens. While their modern origins lie in the grim era of the Great Depression, wooden nickels have come to signify cheap souvenirs. In recent years, wooden nickels have gained a niche popularity due to their ease of production and personalization, which allows them to be used by geocachers as calling cards.


Quick Facts

  • Israel's telephone tokens, while no longer required to use public telephones, have gained notoriety as necklace pendants due to their interesting markings, curious horizontal bar stamp, and central hole punch
  • Casino patrons exchange money for tokens or chips, then use thenm within the casino to play games. Casino tokens are frequently the size of Eisenhower dollars
  • The United States used telephone tokens before World War II. During the War, however, these tokens were discontinued and almost all of them were melted down to make shell casings

Recommended Items at Auction

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US Coin and Token Assortment
Oct 16, 10:00 AM CDT
US Coin and Token Assortment
by Leonard Auction
Est: $200- $400
$2006 Bids
MONSTER DEALERS LOT (TOKENS/JEWELRY/GOLD VIALS/23K GOLD NOTES/MADI GRAS TOKENS/VINTAGE TAX STAMPS, ETC)
Oct 04, 5:00 PM EDT
MONSTER DEALERS LOT (TOKENS/JEWELRY/GOLD VIALS/23K GOLD NOTES/MADI GRAS TOKENS/VINTAGE TAX STAMPS, ETC)
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$285 Bids
1865 Theodore Hamm, Hamm's Beer Token
Oct 05, 5:00 PM EDT
1865 Theodore Hamm, Hamm's Beer Token
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$114 Bids
TRADE TOKENS, STORE TOKENS, TRANSIT & MORE
Oct 06, 11:00 AM EDT
TRADE TOKENS, STORE TOKENS, TRANSIT & MORE
by Vintage Auctions Online
Est: $20- $40
$113 Bids
1863 Peace Civil War Token 1c Grades Choice AU/BU Slider
Oct 03, 11:00 AM EDT
1863 Peace Civil War Token 1c Grades Choice AU/BU Slider
by Key Date Coins
Est: $75- $150
$453 Bids
Awesome Set of (19) Canadian Tokens - All Identified
Oct 03, 5:00 PM EDT
Awesome Set of (19) Canadian Tokens - All Identified
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$243 Bids
1864 Union For Ever Civil War Token 1c Grades Select AU
Oct 03, 11:00 AM EDT
1864 Union For Ever Civil War Token 1c Grades Select AU
by Key Date Coins
Est: $82- $165
$503 Bids
1863 Civil War Token 1c Grades Choice AU/BU Slider+
Oct 03, 11:00 AM EDT
1863 Civil War Token 1c Grades Choice AU/BU Slider+
by Key Date Coins
Est: $78- $156
$202 Bids
Casino Token - Harvey's Resort Hotel-Casino - Stateline, Nevada - Great Details!
Oct 03, 5:00 PM EDT
Casino Token - Harvey's Resort Hotel-Casino - Stateline, Nevada - Great Details!
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$12 Bids
(1863) Our Union Civil War Token 1c Grades Select Unc BN
Oct 03, 11:00 AM EDT
(1863) Our Union Civil War Token 1c Grades Select Unc BN
by Key Date Coins
Est: $109- $218
$302 Bids
1863 Beware Civil War Token 1c Grades Choice AU/BU Slider
Oct 03, 11:00 AM EDT
1863 Beware Civil War Token 1c Grades Choice AU/BU Slider
by Key Date Coins
Est: $75- $150
$252 Bids
MASON TOKENS, JUBILEE COINS, LODGE COINS
Oct 06, 11:00 AM EDT
MASON TOKENS, JUBILEE COINS, LODGE COINS
by Vintage Auctions Online
Est: $30- $50
$112 Bids
2- Older Tokens 1955 and 1963
Oct 04, 5:00 PM EDT
2- Older Tokens 1955 and 1963
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$42 Bids
1990 $1.00 Dollar Gaming Token Excalibur
Oct 05, 5:00 PM EDT
1990 $1.00 Dollar Gaming Token Excalibur
by Richard L. Edwards Auctioneer
Est: $1- $5,000
$22 Bids
1863 New York Civil War Token 1c Grades Select AU
Oct 03, 11:00 AM EDT
1863 New York Civil War Token 1c Grades Select AU
by Key Date Coins
Est: $55- $110
$202 Bids
1863 Exchange Civil War Token 1c Grades Choice AU/BU Slider
Oct 07, 11:00 AM EDT
1863 Exchange Civil War Token 1c Grades Choice AU/BU Slider
by Key Date Coins
Est: $75- $150
$201 Bid
1863 Army & Navy Civil War Token 1c Grades Choice AU
Oct 07, 11:00 AM EDT
1863 Army & Navy Civil War Token 1c Grades Choice AU
by Key Date Coins
Est: $56- $112
$201 Bid
1863 Not One Cent Civil War Token 1c Grades Choice AU/BU Slider
Oct 07, 11:00 AM EDT
1863 Not One Cent Civil War Token 1c Grades Choice AU/BU Slider
by Key Date Coins
Est: $75- $150
$201 Bid
1863 One Country Civil War Token 1c Grades vf details
Oct 03, 11:00 AM EDT
1863 One Country Civil War Token 1c Grades vf details
by Key Date Coins
Est: $25- $100
$51 Bid
(1863) Army & Navy Civil War Token 1c Grades Choice AU
Oct 03, 11:00 AM EDT
(1863) Army & Navy Civil War Token 1c Grades Choice AU
by Key Date Coins
Est: $84- $168
$201 Bid
(1863) New York Civil War Token 1c Grades xf
Oct 03, 11:00 AM EDT
(1863) New York Civil War Token 1c Grades xf
by Key Date Coins
Est: $56- $112
$201 Bid
(1863) Our Navy Civil War Token 1c Grades Select Unc BN
Oct 03, 11:00 AM EDT
(1863) Our Navy Civil War Token 1c Grades Select Unc BN
by Key Date Coins
Est: $101- $202
$201 Bid
1863 The Flag Civil War Token 1c Grades vf details
Oct 03, 11:00 AM EDT
1863 The Flag Civil War Token 1c Grades vf details
by Key Date Coins
Est: $25- $100
$51 Bid

Sellers Who Sell Tokens


Key Date Coins

Key Date Coins

BK Auctions

BK Auctions

Richard L. Edwards Auctioneer

Richard L. Edwards Auctioneer

Designer Homes of Central Florida

Designer Homes of Central Florida