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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 Coin Obverse design Reverse design Composition Mintage Available Obverse Reverse 50¢ Maine Centennial half dollar: Arms of Maine: Pine wreath 90% Ag, 10% Cu: Authorized: 100,000 (max) Uncirculated: 50,028 [1] 1920 50¢ Pilgrim Tercentenary half dollar: Governor William Bradford: The Mayflower: 90% Ag, 10% Cu Authorized: 300,000 (max ...
The Coinage Act of 1792 (also known as the Mint Act; officially: An act establishing a mint, and regulating the Coins of the United States), passed by the United States Congress on April 2, 1792, created the United States dollar as the country's standard unit of money, established the United States Mint, and regulated the coinage of the United States. [1]
Under the Constitution (article I, section 8), the Congress has the constitutional right to decide on a standard of weights and measures. On January 8, 1790, George Washington urged Congress to address the need for the uniform system of weights and measures, [ 1 ] and on January 15, 1790, the House of Representatives requested Thomas Jefferson ...
Representative money or receipt money is any medium of exchange, physical or digital, that represents something of value, but has little or no value of its own (intrinsic value). Unlike some forms of fiat money (which may have no commodity backing), genuine representative money must have something of intrinsic value supporting the face value .
Although the text of the Constitution is easily accessible for free online, including a printable version via the National Archives and Records Administration, The New York Times reported in 2016 that, "pocket-size versions come with an added feature — a physical representation of Americans' rights that can be hoisted during a congressional hearing, political rally or a spirited discussion ...
The U.S. Constitution was a federal one and was greatly influenced by the study of Magna Carta and other federations, both ancient and extant. The Due Process Clause of the Constitution was partly based on common law and on Magna Carta (1215), which had become a foundation of English liberty against arbitrary power wielded by a ruler.
The half union (separate varieties known as J-1546 through J-1549 [1]) was a United States pattern coin with a face value of fifty U.S. Dollars.It is often thought of as one of the most significant and well-known patterns in the history of the U.S. Mint.