Face value
From The Art and Popular Culture Encyclopedia
(Difference between revisions)
| Revision as of 18:59, 2 November 2022 Jahsonic (Talk | contribs) ← Previous diff |
Current revision Jahsonic (Talk | contribs) |
||
| Line 1: | Line 1: | ||
| {{Template}} | {{Template}} | ||
| - | The '''Face value''' is the value of a [[coin]], [[Postage stamp|stamp]] or [[paper money]], as printed on the coin, stamp or bill itself by the minting authority. While the face value usually refers to the true value of the coin, stamp or bill in question (as with circulation coins) it can sometimes be largely symbolic, as is often the case with [[bullion]] coins. For example, a one troy ounce (31 g) [[American Gold Eagle]] bullion coin was worth and sold for about $1200 [[USD]] during 2009 market prices ({{As of|2009|alt=as of November 14, 2009}}) and yet has a face value of only $50 USD. | + | The '''Face value''' is the value of a [[coin]], [[Postage stamp|stamp]] or [[paper money]], as printed on the coin, stamp or bill itself by the minting authority. While the face value usually refers to the true value of the coin, stamp or bill in question (as with circulation coins) it can sometimes be largely symbolic, as is often the case with [[bullion]] coins. For example, a one troy ounce (31 g) [[American Gold Eagle]] bullion coin was worth and sold for about $1200 [[USD]] during 2009 market prices in 2009, and yet has a face value of only $50 USD. |
| + | |||
| + | Figuratively, '''face value''' means no more or less than what is stated; a [[literal]] or [[direct]] meaning or interpretation. | ||
| + | |||
| ==See also== | ==See also== | ||
| * [[Denomination (currency)]] | * [[Denomination (currency)]] | ||
Current revision
|
Related e |
|
Featured: |
The Face value is the value of a coin, stamp or paper money, as printed on the coin, stamp or bill itself by the minting authority. While the face value usually refers to the true value of the coin, stamp or bill in question (as with circulation coins) it can sometimes be largely symbolic, as is often the case with bullion coins. For example, a one troy ounce (31 g) American Gold Eagle bullion coin was worth and sold for about $1200 USD during 2009 market prices in 2009, and yet has a face value of only $50 USD.
Figuratively, face value means no more or less than what is stated; a literal or direct meaning or interpretation.
[edit]
See also
- Denomination (currency)
- Denomination (postage stamp)
- Gresham's law
- Nominal value
- Par value
- Place value
- Token money
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Face value" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
