answersLogoWhite

0


Best Answer

The face value is the original value of the coin, so a very rare penny might be worth £100 but it's face vale is still a penny.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is meant by face value on gold coins?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is meant by the scrap reffering to value of gold coins?

That is the value just for the gold in the coin, not as a coin.


Are any of the gold 1.00 coins worth more than face value?

None of the gold colored dollar coins made from 2000 to date have any gold in them. Only a few error coins and collectors coins have more than face value.


How would someone know how much gold coins are really worth?

The value of gold coins can be determined in two different ways--the melt-down value and the coin value. The melt-down value is the value of the pure gold in the coins, which is determined by the weight. The face value of the coins can be found on a collector's website.


What is the value of a presidential gold coins Washington uncirculated?

Brass not gold. Just the Mint issue uncirculated coins have very small premiums above face value.


What is the value of a Rutherford Hayes gold 1 coin?

None of the "Presidential Dollars" are gold, it's brass. Only coins issued in Proof sets or Mint sets have more than face value. Coins issued for general circulation are just face value.


Do banks buy gold coins?

Banks will happily buy gold coins for their face value - since this is nearly always far less than they are actually worth. If you wish to sell your coins for their actual value, take them to a reputable goldsmith.


What are the names of the gold coins in which the eagle appears on the reverse side?

They are called Gold Eagles and have a 10 dollar face value. Those with a 5 dollar face value are called "Half Eagles" and those with $2.50 face value are called "Quarter Eagles". Those with a face value of $20 are called "Double Eagles". The Gold Eagles were minted from 1795 to 1933 but not in all years and not in all denominations. Modern Gold Eagle bullion coins also have the Eagle reverse but are not intended for circulation.


What is a 2000 gold sacajawea dollar worth?

These coins were released for circulation and are worth only face value.


How much is wort 1 gold dollar george wasintgton?

$1. Those coins are struck in brass not gold and are only worth face value and have no chance of appreciating above face value for several decades.


What were the denominations of gold coins called?

$20.00= Double Eagle/ $10.00= Eagle/ $5.00= Half Eagle/ $2.50= Quarter Eagle and $1.00 & $3.00 gold coins are referred to by the face value.


What kind of money was used in Europe in 1899?

In 1899 all European countries had a gold currency. The silver and bronze coins for the smaller denominations were 'token' coins in that their metal value was less than their face value. However, in larger quantities they could be changed for gold coins.


What is the value of a 1967 gold dime?

U.S. dimes have never been made of gold, nor were there any gold coins minted in the 1960s. What you have is a gold-plated dime, not worth anything to collectors above face value.