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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 ...
Under Gresham's law, "good money" is money that shows little difference between its nominal value (the face value of the coin) and its commodity value (the value of the metal of which it is made, often precious metals, such as gold or silver). [4] The price spread between face value and commodity value when it is minted is called seigniorage.
Dan Gookin is a computer book author who wrote the first ...For Dummies books including DOS for Dummies and PCs for Dummies, establishing the design and voice of the long-running series that followed, incorporating humor and jokes into a format for beginners on any subject. He also is a member of the Coeur d'Alene City Council.
In monetary economics, redenomination is the process of changing the face value of banknotes and coins in circulation. It may be done because inflation has made the currency unit so small that only large denominations of the currency are in circulation. In such cases the name of the currency may change or the original name may be used with a ...
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How to Read Numbers: A Guide to Statistics in the News (and Knowing When to Trust Them) is a 2021 British book by Tom and David Chivers. It describes misleading uses of statistics in the news, with contemporary examples about the COVID-19 pandemic, healthcare, politics and crime. The book was conceived by the authors, who are cousins, in early ...
The face value of a coin, stamp, or bank note is the value printed on the object. Face Value may also refer to: Face Value, an American silent drama film; Face Value, an American silent drama film; Face Value, a 1981 album by Phil Collins; Face Value, a 1983 compilation book by Jani Allan; Face Value, a 1993 play by David Henry Hwang "Face ...
Put another way, a stock priced below the Graham Number would be considered a good value, if it also meets a number of other criteria. The Number represents the geometric mean of the maximum that one would pay based on earnings and based on book value. Graham writes: [2] Current price should not be more than 1 1 ⁄ 2 times the book value last ...