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(This article is about the value of a coin, for the Phil Collins album: Face Value)

Face value is the value of a coin or paper money printed on the coin or bill itself by the minting authority. While the face value usually refers to the true value of the coin or bill in question (as with circulation coins) it can sometimes be largely symbolic, as is often the case with bullion coins. For example, a one troy ounce (31 g) American Gold Eagle bullion coin is worth and sells for about $670 USD at current market prices (as of July 17 2006) and yet has a face value of only $50 USD.

See also


Nennwert | Номинальная стоимость

 

This article is licensed under the GNU Free Documentation License. It uses material from the "Face value".

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