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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.
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]
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.
Proof coins graded 60 to 70 are mirrored to those of Uncirculated grades with the difference that the coin was not made for circulation. Proof coins with the grade of PR-63 are sometimes called "Choice Proofs". [25] Proof coins that are below the grade of 60 and show signs of circulation or mishandling have been classified as Impaired Proofs ...
The 2009 proof set contained the highest number of coins and the highest combined face value ($7.19) of any proof set as of 2019, containing the four Lincoln Bicentennial cents (with a special composition of 95% copper), all six District of Columbia and United States Territories quarters, five dollar coins, and the standard nickel, dime, and ...
The U.S. had largely stopped striking proof coins in 1916, although a few later specimens exist. From 1936 to 1942, proof coins could be ordered individually from the United States Mint. Beginning in 1950, customers could order proof coins only as complete sets. A 1969 United States Mint Proof set of 5 coins including 40% silver Kennedy half dollar
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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.