Question

Distinguish between -

Full bodied money and token coins

Answer 1

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.