PURPOSE: To provide a token for a game machine which can be identified easily and a token identification machine.

CONSTITUTION: When a token 1 is inserted, the token 1 glides on a path 4. The token contains a magnetic disk. When the magnetic disk passes upwards of a magnetic sensor 5, it is detected. In response to that, a magnetic detection circuit 6 outputs a signal and the signal is inputted to a central processing unit 15 through an input circuit 11. The central processing unit 15 counts the frequency of the signal becoming a high level. In the case of the token, the frequency of the signal becoming a high level is only single time. On the base of the number of times, the central processing unit 15 identifies the token.