PHILIPPINES countermarked coin 1981 for Papal visit}

$20.00

PHILIPPINES, 1 piso 1970 Pope Paul VI visit KM202 countermarked on reverse: JOHN PAUL II 1981 1 over 0 in incuse semicircle, nickel, 38mm, 22.83g, BU

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Description

Note how they got the date wrong but decided to go ahead with the countermark die anyway.

A token is used like a coin but is not a coin. Rather, it stands for a coin without the value of the coin. Maybe its copper, but says its value is the same as a silver coin. Usually tokens were made privately, but sometimes governments got involved.