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Denver Gold and Silver Coins
600 South Holly Street Suite 103
Denver, Colorado 80246
Open
Monday - Thursday from 9 am to 6 pm
Friday and Sunday from 9 am to 4 pm
Call anytime - leave a message: 303-835-8892
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face value
Refers to the value of a piece of currency; the
denomination multiple that appears on the note or
coin.
face
The front of a currency note, generally the side
with signatures; analogous to the obverse of a coin.
fantasy
An object having the physical characteristics of a
coin, issued by an agency other than a governing
authority yet purporting to be issued by a real or
imaginary governing authority as a coin.
Federal Reserve Bank note
A form of U.S. paper money authorized by the Federal
Reserve Acts of Dec. 23, 1913, and April 23, 1918,
and by the Act of March 9, 1933. The obligation to
pay was by the individual issuing bank, not the
federal government or other Federal Reserve Banks.
The 1933 notes were an emergency issue to alleviate
a shortage of paper money. Not to be confused with
Federal Reserve notes. See also bank note.
Federal Reserve note
A form of U.S. paper money authorized by the Federal
Reserve Act of February 1913. The obligation to pay
is on the United States government and not the
issuing banks. This is the only form of paper money
currently being printed in the United States.
fiat money
"Unbacked" currency, that which cannot be converted
into coin or specie of equal value.
field
The flat part of a surface of a coin surrounding and
between the head, legend or other designs.
fineness
Represents the purity of precious metal, either in
monetary or bullion form. Most forms of precious
metal require an additional metal to provide a
durable alloy. Often stated in terms of purity per
1,000 parts: A .925 fine silver coin has 92.5
percent silver and 7.5 percent other metal.
fixed-price list
A price list or catalog of coins, exonumia, paper
money or other numismatic items offered at set
prices.
flan
Planchet.
flip
A coin holder, usually plastic, that has two
pouches, one to hold a coin and the other to hold
identification. It is folded over, or "flipped," to
close.
flow lines
Microscopic striations in a coin's surface caused by
the movement of metal under striking pressures.
follis
A Roman and Byzantine coin denomination; plural is
folli.
fractional currency
Usually refers to the United States paper money
issued from 1862 to 1876 in denominations from 3 to
50 cents. See also currency.
fractional
Referring to bullion coins, those of less that 1
ounce.
frost
Effect caused by striking a coin with sandblasted
dies, often used in reference to Proof coins. |