The 2013 $50 Queen’s Coronation coin is 5 ounces of 99.99% silver. And since silver is around 80–90 USD per ounce recently, the metal value alone would be on the order of a few hundred U.S. dollars, plus any collector premium.
For face value yes. They are only given denominations so they count as currency for legislative purposes. They are almost never used at face value but for material or collector value.
I bought a few games on humble bundle with the Bitcoin I mined with an old laptop... Those are now probably the most expensive games I've ever bought, and I don't know if I ever played any of them. At least the people who bought pizzas early on got something to eat.
Those were important though. They showed that there was an actual use-case for the coins. These days they seem completely worthless because all people do is horde them. I have no idea why there's any value in crypto since it doesn't seem like you can actually buy anything with it.
In the show, How I Met Your Mother, Barney Stinson wins a $50 bet against Marshall that he could run the New York marathon without training.
When he receives the $50 bill he makes a remark on the lines of "They don't make this in a coin yet?"
I always thought it was a jab on him being rich
But now that I know there's a $50 coin in Canada. It seems like he is raging on the US for not keeping up with Canada without knowing. Barney rags on Canada often because Robin is from Canada and he portrays "a true US patriot".
So there are non-circulation coins of all sorts of is values. Mostly they are worth more than face value as collected items. But sometimes they are worth more as their face value or as scrap metal. I had some $20 Silver coins that I took great delight in spending as my friend got them for $16.
I think they do it so that they cannot legally be melted down for materials. As defacing currency is illegal. It also prevents them from droping in value to far as they have an intrinsically assigned worth.
*Edit I suspect it's also so that faking them is counted as currency counterfeiting instead of as year mark or copyright infringment
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