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A Romanian stamp from 1947 showing a face value of 12 Lei. The face value, sometimes called nominal value, is the value of a coin, bond, stamp or paper money as printed on the coin, stamp or bill itself [1] by the issuing authority. The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear ...
Face Value is the debut solo studio album by English drummer and singer-songwriter Phil Collins, released on 13 February 1981, by Virgin Records in the United Kingdom ...
Both types of bonds are sold at face value — in amounts between $25 and $1000 — and you can purchase up to $10,000 in bonds each year. Series EE Savings Bonds.
Face Value was a 1993 play by American playwright David Henry Hwang. It was to be the second Broadway production of the playwright's work, but it closed in previews on March 14, 1993 after only 8 previews, never officially opening. [1] The production was scheduled to open at the Cort Theatre on March 21, 1993. [2]
Although the term "three dollar bill" is widely used to denote something phony, the U.S. government was actually thinking of producing one in 1862. It never did, but that year it started printing ...
Par value also refers to the official gold content of a currency. The Act to Amend the Par Value Modification Act of 1973 of September 21, 1973 lowered the par value of the dollar against gold from $35 to $42.2222 where it remains today. This is why the face value of a 1 oz gold coin is $50, reflecting the par value of the dollar in gold.
Token money has less intrinsic value compared to its face value. [10] If the token money is metallic it is commonly made out of cheaper metals such as copper and nickel. [11] [12] Token money is also money whose face value exceeds its cost of production, i.e. the intrinsic value is lower than the extrinsic value.
By 1834, the gold in the half eagle had been worth more than its face value for several years. The Act of June 28, 1834 called for a reduction in the gold used. The weight of the coin was reduced to 8.36 grams, the diameter reduced to 22.5 mm, and the composition changed to .8992 gold and .1008 silver and copper.