7. In the token system of claim 5, said second magnetic means being mounted on said slide.
7. In the token system of claim 5, said second magnetic means being mounted on said slide. 8. In the token system of claim 7, said slide being operative between a first position wherein said first magnetic means is positioned at said upper station and said second magnetic means is positioned at said lower station and a second position wherein neither of said first or second magnetic means is in communication with either of said upper or lower stations, said counterfeit and valid tokens being removed from said upper and lower stations, respectively, and being guided to said first and second outlet slots, respectively, upon movement of said slide to said second position thereof.