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What is a face value?

What is a face value? Here are some definitions.

Noun
  1. The amount or value listed on a bill, note, stamp, etc.; the stated value or amount.
  2. (idiomatic) No more or less than what is stated; a literal or direct meaning or interpretation.
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Examples
In this game kings, queens and jacks are worth half a point each, and the numeral cards are worth their face value.
At their face value, these estimates indicate little evidence for directional selection.
I don't know why people sell perfectly good stamps below face value when you can always use them to mail letters.
We've learnt at The Sunday Times never to take manufacturers' claims for top speed and acceleration at face value.
The bank discount rate normalizes by the face value of the security and understates the true yield earned by investors.
It is a condition of sale that tickets are not sold on for more than their face value.

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