Haven't found documentation to confirm but I believe your first example
=value(1+1) is recognized as a formula, the formula is processed and the
result converted to a value.

It works for me if I enter =value(sum(1,1)) the cell displays 2 and
=CELL("type",<address>), pointed at that cell, displays v

If I format a cell as text, enter a decimal digit, e.g. 2, and point
value() at that cell it returns the number 2.

If i point cell("type",<address>) at the cell containing digits that are
formatted as text the result is "l" (lower case L).

If I point cell("type",<address>) at the value() formula that points at the
text formatted digits it returns v.

So, I would say that value() converts a number formatted as text to a
value, converts a formula that results in a number to a value, but will not
recognize a formula written as a text string and convert the string to
produce the value.

On Mon, Nov 23, 2020 at 11:50 PM Michael D. Setzer II <msetze...@gmail.com>
wrote:

> Put a more complex question, and got no responses yet.
> So, here it is in simplest form
> =value(1+1)  converts the 1+1 to 2
> But =value( ) fails with Err:502 is text "1+1" is used or i a cell
> containing the text 1+1 is used??
> I've looked thru command, and this seems to be the one to convert a text
> string to a value? Is there another command, or am I doing something
> wrong?
>
> Contents of a simple spreadsheet
>
> 2   "=value(1+1)
> Err:502 "=VALUE("1+1")
> "1+1            TRUE            =ISTEXT(A3)
> Err:502 "=value(a3)
>
>
> +------------------------------------------------------------+
>  Michael D. Setzer II - Computer Science Instructor (Retired)
>  mailto:mi...@guam.net
>  mailto:msetze...@gmail.com
>  Guam - Where America's Day Begins
>  G4L Disk Imaging Project maintainer
>  http://sourceforge.net/projects/g4l/
> +------------------------------------------------------------+
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