Question

one word for the face value of a coin is much higher than its metallic value

Answer 1

heya mate here's your answer....

Answer:Token money.

Token money is also money whose face value exceeds its cost of production, i.e. the intrinsic value is lower than the extrinsic value. This means that the actual worth of a note or coin is much less than what we use it for.

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Answer 2

Metallic/Token Money

Explanation:

• Metallic/token money is that money whose face value is higher than the intrinsic value money.
• Metallic/token money is composed of metals that has lesser value then the face value.
• Metallic/token money is the value of money such as coin is higher than its intrinsic value. This is because they could be very easily converted to standard money
• Metallic coin comprise 1 rupee coin, 10 rupees coins, 5 rupees coin and so on.