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TeachMeFinance.com - explain f.o.b. value (coal) f.o.b. value (coal) -- Free-on-board value. This is the value of coal at the coal mine or of coke and breeze at the coke plant without any insurance or freight transportation charges added. Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.