Editing Face value (section)

{{Other uses}}
{{short description|Nominal value of a currency given by the issuing authority}}
{{more footnotes|date=September 2017}}
[[File:Roumanie 1947 12 lei.jpg|thumb|A [[Postage stamps and postal history of Romania|Romanian stamp]] from 1947 showing a face value of 12 Lei]]
The '''face value''', sometimes called '''nominal value''', is the [[value (economics)|value]] of a [[coin]], [[Bond (finance)|bond]], [[Postage stamp|stamp]] or [[paper money]] as printed on the coin, stamp or bill itself<ref>{{Cite book|title=A dictionary of business and management.|date=2009|publisher=Oxford University Press|isbn=9780199234899|edition=5th|location=Oxford [England]|oclc=277068142}}</ref> by the issuing authority.

The face value of coins, stamps, or bill is usually its legal value. However, their market value need not bear any relationship to the face value. For example, some [[scarcity|rare]] coins or stamps may be traded at prices considerably above their face value. Coins may also have a [[salvage value]] due to more or less valuable [[metal]]s that they contain.