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Question
Distinguish between
Full bodied money and token coins
Solution
| Basis of difference | Full bodied money | Token coins |
| 1. Definition | Full bodied money refers to that money whose intrinsic value (value of the metal) is equal to the face value of the engraving on the currency. | Token coins are those whose face value is more than its intrinsic value. |
| 2. Made up of | It is made up of precious metals. | It is made up of cheaper metals. |
| 3. Examples | Gold coins, silver coins etc. | Aluminium coins, nickel coins etc. |
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