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face value The marked value of a card. Also pip value. Court cards are usually take to have a value of 10, the Ace 1 or 11. [9] fall of the cards The identity and order in which cards are played, especially as it gives an indication of the location of unplayed cards. [38] fan. To spread cards fanwise. [57]
Precious metals in the form of coins whose market value is determined by metallic content rather than scarcity. bullion value The current market value of the raw precious metal content of a coin. For example, the bullion value for Canadian silver coins minted between 1920 and 1966 is 12 times the face value when silver is $20.00 per troy ounce.
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Another frequent reason for purchasing coins is as an investment. As with stamps, precious metals, or other commodities, coin prices vary based on supply and demand. Prices drop for coins that are not in long-term demand, and increase along with a coin's perceived or intrinsic value. Investors buy with the expectation that the value of their ...
A 25 paisa coin is called chavanni (equal to 4 annas) and 50 paisa is athanni (8 annas). However, in recent years, due to inflation, the use of these small value coins has declined, and so has the use of these slang terms. For larger amounts, 1 lakh = 100,000 and 1 crore = 10,000,000 (or in the Indian convention, 1,00,000 and 1,00,00,000 ...
Exonumia are numismatic items (such as tokens, medals, or scrip) other than coins and paper money.This includes "Good For" tokens, badges, counterstamped coins, elongated coins, encased coins, souvenir medallions, tags, wooden nickels and other similar items.
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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.