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What Kind Of Money Is A Gold Certificate Considered To Be

A gold certificate in general is a document of ownership that gold owners hold instead of storing the actual gold. It has both a historic significant every bit a U.S. newspaper currency (1863–1933) and a current pregnant as a fashion to invest in gold.

Banks may event gold certificates for gold that is allocated (non-fungible) or unallocated (fungible or pooled). Unallocated golden certificates are a course of partial-reserve banking and do not guarantee an equal exchange for metallic in the event of a run on the issuing bank'south aureate on eolith.[1] Allocated gold certificates should be correlated with specific numbered bars, although it is difficult to make up one's mind whether a bank is improperly allocating a single bar to more than one party.[2]

Usage in the United States [edit]

The gold certificate was used from 1863 to 1933 in the United States equally a course of paper currency. Each document gave its holder championship to a corresponding amount of gold coin at the statutory rate of $20.67 per troy ounce established by the Coinage Act of 1834. Therefore, this type of paper currency was intended to correspond bodily gold coinage.

The early on history of Us gilt certificates is somewhat hazy. They were authorized nether the Act of March three, 1863, just dissimilar the United States Notes also authorized, they plainly were non printed until 1865. They did non take a series date, and were manus-dated upon issue. "Issue" meant that the government took in the equivalent value in gold, and the first several series of gold certificates promised to pay the corporeality only to the depositor, who was explicitly identified on the certificate itself. The first issue featured a vignette of an eagle uniformly across all denominations. Several later bug (series 1870, 1871, and 1875) featured various portraits of historical figures. The contrary sides were either blank or featured abstract designs. The only exception was the $xx of 1865, which had a movie of a $twenty aureate coin.

From 1862 to 1879, Us Notes were legal tender and the dominant paper currency but were not convertible at face value into gold and traded at a discount. Withal some transactions, such as community duties and interest on the federal debt, were required to exist made in gold. Thus the early gold certificates were acceptable in some transactions where United States Notes were not, but were non used in general circulation due to their premium value. After 1879, the authorities was willing to redeem U.s. Notes at confront value in gold, bringing the United States Notes into parity with gold certificates, making the latter also a candidate for full general circulation.

The Series of 1882 was the first serial that was payable to the bearer; it was transferable and anyone could redeem it for the equivalent in golden. This was the case with all gold certificate series from that point on, with the exception of 1888, 1900, and 1934. The series of 1888 and 1900 were issued to specific depositors, as before. The serial of 1882 had the same portraits every bit the series of 1875, only a unlike dorsum design, featuring a series of eagles, likewise as complex border work.

Historic U.S. golden certificates (1863–1933) [edit]

Gilt certificates, along with all other U.S. currency, were made in two sizes—a larger size from 1865 to 1928, and a smaller size beginning with the series of 1928. The backs of all large-sized notes (and likewise the minor-sized notes of the Series of 1934) were orange, resulting in the nickname "yellow boys" or "goldbacks". The backs of the Series of 1928 bills were dark-green, and identical to the corresponding denomination of the more familiar Federal Reserve Notes, including the usual buildings on the $ten through $100 designs and the less-known abstract designs of denominations $500 and upwardly. Both large and small size aureate certificates characteristic a gold treasury seal on the obverse, just as U.S. Notes feature a red seal, silver certificates (except World War Ii Hawaii and North Africa notes) a blueish seal, and Federal Reserve Notes a green seal.

In the case of the Series 1928 (small-size) golden certificates, they bore a redemption statement with the following text: "This certifies that at that place have been deposited in the Treasury of the United States of America XXXXX Dollars in Golden Coin payable to the bearer on demand."

Series of 1900 $10,000 Golden Certificates [edit]

Another interesting note is the Series of 1900. Along with the $5,000 and $10,000 of the Series of 1888, all 1900 bills ($10,000 denomination only) have been redeemed, and no longer take legal tender status. Almost were destroyed, with the exception of a number of 1900 $10,000 bills that were in a box in a post role near the U.S. Treasury in Washington, D.C. There was a burn on thirteen December 1935, and employees threw burning boxes out into the street. The box of canceled high-denomination currency burst open. Much to everyone'south dismay, they were worthless. There are several hundred outstanding, and their buying is technically illegal, as they are stolen property. However, due to their lack of intrinsic value, the government has not prosecuted any owners, citing more of import concerns. They acquit a collector value in the numismatic market and, as noted in Bowers and Sundermans' The 100 Greatest American Currency Notes, the only United States notes that can be purchased for less than their face value. This is the only example of "circulating" U.Southward. currency that is not an obligation of the authorities, and thus not redeemable past a Federal Reserve Depository financial institution. The note bears the portrait of Andrew Jackson and has no printed pattern on its reverse side.

End of the Gilded Certificate Era in the United States (March 1933) [edit]

As part of the Roosevelt Assistants's response to the effects of the Corking Low and particularly the outflow of gilded for hoarding and for shipment overseas, the practise of redeeming gold certificates for gold coin was ended by Presidential Annunciation 2039 (dated half dozen March 1933) and Executive Order 6073 (dated ten March 1933). On five April 1933, Executive Order 6102 was issued; it required all persons in the Usa to evangelize (with limited exceptions) all gold coin, gold bullion, and golden certificates to the Federal Reserve by 1 May 1933. By club of the Secretary of the Treasury dated 28 December 1933, individual possession of gold certificates was declared illegal.[3] Due to their (then-)illegal status and public fear that the notes would be devalued and fabricated obsolete, this resulted in the majority of circulating notes being retired.

The restrictions on individual ownership of gold certificates were revoked past Treasury Secretarial assistant Douglas Dillon effective 24 April 1964, primarily to allow collectors to own examples legally; withal, gold certificates are no longer redeemable for aureate, merely instead tin can exist exchanged at face value for other U.S. coin and currency designated as legal tender (e.g., Federal Reserve Notes and United States Notes).[4] In general, the notes are scarce and valuable, especially examples in "new" status.

Series of 1934 Gilded Certificates; Mod usage by the Federal Reserve Organization [edit]

The Aureate Reserve Act of 1934 established a new accounting mechanism, through the event of a special series of gold certificates, to business relationship for gilded held by the Federal Reserve Banks on behalf of the United states of america. The Secretarial assistant of the Treasury is authorized to "prescribe the grade and denominations of the certificates".[5]

The Series of 1934 (bearing the signatures of William Alexander Julian (Treasurer) and Henry Morgenthau (Treasury Secretary)) consisted of the following denominations: $100; $1,000; and $10,000 (mirroring the circulating Federal Reserve Notes of the same series and denominations). However, there was also a $100,000 denomination (begetting the portrait of President Woodrow Wilson) that had no equivalent in other types of U.S. currency and was as well the largest denomination banknote ever issued past the U.s.a. Treasury. 42,000 banknotes of the $100,000 denomination were printed. According to the Agency of Engraving and Printing'due south own website, the $100,000 banknotes were printed between 18 December 1934 and 9 January 1935.[six] These notes were never intended for apportionment in the general economy and there are no known instances of whatever such certificates ever existence released outside government channels, fifty-fifty as specimens. Reflecting the purpose for which these certificates were issued, the redemption statement on the confront of the banknotes was changed to read as follows: "This certifies that in that location is on eolith in the Treasury of the Us of America XXXXX Dollars in Gold payable to bearer on demand as authorized by constabulary."

Since the 1960s, most of the paper certificates have been destroyed,[7] and the currently prescribed class of the "certificates" issued to the Federal Reserve is an electronic book entry account between the Federal Reserve and the Treasury.[viii] The electronic book entry system also allows for the various regional Federal Reserve Banks to commutation document balances amid themselves.[9] Even so, the Treasury authorized a minor amount of the banknotes to be retained at certain Federal Reserve Banks (where they had been used) for educational and historical purposes, such equally being placed on public brandish. In addition, a $100,000 Series of 1934 aureate certificate is office of the numismatic collection at the Smithsonian's National Museum of American History.[10]

As of Dec 2013 the Federal Reserve reported[eleven] belongings $11.037 billion (face value) of these certificates. The Treasury backs these certificates by holding an equivalent amount of gold at the statutory exchange rate of $42 2/9 per troy ounce of gold, though the Federal Reserve does non take the right to commutation the certificates for gold. As the certificates are denominated in dollars rather than in a set weight of gilt, any change in the statutory exchange rate towards the (much college) market charge per unit would result in a windfall bookkeeping gain for the Treasury.

Series and varieties [edit]

Series and varieties of large-size gold certificates[12]
Series Value Features/varieties
1865

[nb 1]

  • $20
  • $100
  • $500
  • $yard
  • $v,000
  • $ten,000
Notes from this first issue are extremely rare in lower ($20 and $100) denominations. A unmarried $1,000 and $5,000 are reported to exist in a regime collection, and an issued $500 or $ten,000 has never been seen.[14] In add-on to the two engraved signatures customary on United States banknotes (the Register of the Treasury and Treasurer of the United States), the before issues of Gold certificates (i.eastward., 1865, 1870, 1875, and some 1882) included a third signature of one of the Assistant Treasurers of the U.s. (in New York or Washington, D.C.).[xv] Known as a countersigned or triple-signature note, this characteristic existed for all Serial prior to 1882 (and the showtime printing of the Series 1882).
1870–75
  • $100
  • $500
  • $1,000
  • $5,000
  • $x,000
Series 1870 notes introduced portraits to gilded certificates. Both Series of 1870 and Serial of 1875 are countersigned notes. Between the ii series, the $100 is extremely rare, the $500, $ane,000, and $x,000 are unique (in authorities collections), and the $5,000 is unknown.[14]
1882
  • $20
  • $50
  • $100
  • $500
  • $one,000
  • $5,000
  • $10,000
The Human action of 12 July 1882 authorized denominations "not less than $twenty".[16]
1888
  • $v,000
  • $ten,000
Series 1888 notes were intended for banking company utilise to rest accounts without having to transport big volumes of golden bullion or currency.[17] They take all been redeemed.[18]
1900 $10,000 Canceled -- Not legal tender. Several hundred notes exist and examples occasionally appear for sale. See above.
1905 $20
1906 $20
1907
  • $10
  • $1,000
1913 $50
1922
  • $10
  • $20
  • $50
  • $100
  • $500
  • $1000

Complete Usa gilded certificate type set [edit]

Large [edit]

Large-size U.s. gilded certificates
Value Issue Series Fr. Prototype Portrait Signature & seal varieties
twenty$20 1st 1865 Fr.1166b Prototype pending Vignettes of eagle with shield 1166b – Colby and Spinner – small red
100$100 1st 1865 Fr.1166c $100 Gold Certificate, Series 1865, Fr.1166c, with a vignette of an eagle and shield (left) and justice (bottom center). Vignette of hawkeye with shield 1166c – Colby and Spinner – small cherry
500$500 1st 1865 Fr.1166d
proof
$500 Gold Certificate, Series 1865, Fr.1166d, with a vignette of an eagle and shield (left) and justice (bottom center). Vignette of hawkeye with shield 1166d – Colby and Spinner – small red
1000$one,000 1st 1865 Fr.1166e
proof
$1,000 Gold Certificate, Series 1865, Fr.1166e, with a vignette of an eagle and shield (left) and justice (bottom center). Vignettes of eagle with shield, and justice with scales. 1166e – Colby and Spinner – modest red
5000$5,000 1st 1865 Fr.1166f
proof
$5,000 Gold Certificate, Series 1865, Fr.1166f, with a vignette of an eagle and shield (left) and justice (bottom center). Vignettes of hawkeye with shield and female 1166f – Colby and Spinner – small red
10000$10,000 1st 1865 Fr.1166g
proof
$10,000 Gold Certificate, Series 1865, Fr.1166g, with a vignette of an eagle and shield (left) and justice (bottom center). Vignettes of eagle with shield 1166g – Colby and Spinner – pocket-size reddish
100$100 2nd & 3rd 1870–75 Fr.1166h $100 Gold Certificate, Series 1875, Fr.1166h, depicting Thomas Hart Benton Thomas Hart Benton 1166h – thirty and thirty – big red (1870)
1166m – Allison and New – large red (1875)
500$500 2nd & 3rd 1870–75 Fr.1166i $500 Gold Certificate, Series 1870, Fr.1166i, depicting Abraham Lincoln Abraham Lincoln 1166i – Allison and Tuttle – large carmine (1870)
1166n – Allison and New – big red (1875)
thou$1,000 2nd & 3rd 1870–75 Fr.1166j
proof
$1,000 Gold Certificate, Series 1875, Fr.1166j, depicting Alexander Hamilton Alexander Hamilton 1166j – xxx and xxx – large ruddy (1870)
1166o – Allison and New – large red (1875)
5000$5,000 2nd & 3rd 1870–75 Fr.1166k
proof
$5,000 Gold Certificate, Series 1870, Fr.1166k, depicting James Madison James Madison 1166k – Allison and Gilfillan – big red
10000$10,000 2d & 3rd 1870–75 Fr.1166l
proof
$10,000 Gold Certificate, Series 1875, Fr.1166l, depicting Andrew Jackson Andrew Jackson 1166l – xxx and xxx – large red (1870)
1166q – Allison and Wyman – large red (1875)
ten$10 7th 1907 Fr.1172 $10 Gold Certificate, Series 1907, Fr.1172, depicting Michael Hillegas Michael Hillegas

1167 – 1172

1167 – Vernon and Treat – Gold
1168 – Vernon and McClung – Gilt
1169 – Napier and McClung – Gold, Act of 1882
1169a – Napier and McClung – Gold, Act of 1907
1170 – Napier and Thompson – Gold, Act of 1882
1170a – Napier and Thompson – Aureate, Act of 1907
1171 – Parker and Burke – Gilded

1172 – Teehee and Burke – Gilt

10$10 9th 1922 Fr.1173 $10 Gold Certificate, Series 1922, Fr.1173, depicting Michael Hillegas Michael Hillegas 1173 – Speelman and White – Aureate

1173a – Speelman and White – Gold, minor serial numbers

xx$20 4th 1882 Fr.1175a $20 Gold Certificate, Series 1882, Fr.1175a, depicting James Garfield James Garfield

1174 – 1178

1174 – Bruce and Gilfillan – dark-brown
1175* – Bruce and Gilfillan – brown, CS by Thomas C. Acton
1175a – Bruce and Gilfillan – brown, CS by Thomas C. Acton
1176 – Bruce and Wyman – brown
1177 – Rosecrans and Huston – big brown

1178 – Lyons and Roberts – modest red

20$20 4th 1882 Fr.1177 $20 Gold Certificate, Series 1882, Fr.1177, depicting James Garfield James Garfield
twenty$xx 7th 1905 Fr.1180 $20 Gold Certificate, Series 1905, Fr.1180, depicting George Washington George Washington 1179 – Lyons and Roberts – small-scale red

1180 – Lyons and Treat – small cherry-red

20$twenty 7th 1906 Fr.1185 $20 Gold Certificate, Series 1906, Fr.1185, depicting George Washington George Washington

1181 – 1186

1181 – Vernon and Treat – Gilt
1182 – Vernon and McClung – Golden
1183 – Napier and McClung – Gold
1184 – Napier and Thompson – Gold
1185 – Parker and Burke – Gold

1186 – Teehee and Burke – Gilt

20$20 ninth 1922 Fr.1187 $20 Gold Certificate, Series 1922, Fr.1187, depicting George Washington George Washington 1187 – Speelman and White – Gilded
50$50 4th 1882 Fr.1189a $50 Gold Certificate, Series 1882, Fr.1189a, depicting Silas Wright Silas Wright

1188 – 1197

1188 – Bruce and Gilfillan – brown
1189* – Bruce and Gilfillan – brownish, CS by Thomas C. Acton
1189a – Bruce and Gilfillan – dark-brown, CS by Thomas C. Acton
1190 – Bruce and Wyman – brown
1191 – Rosecrans and Hyatt – large red
1192 – Rosecrans and Huston – big brownish
1192a – Rosecrans and Huston – modest red
1193 – Lyons and Roberts – small crimson
1194 – Lyons and Treat – small red
1195 – Vernon and Treat – minor red
1196 – Vernon and McClung – small-scale scarlet

1197 – Napier and McClung – small-scale carmine

50$50 4th 1882 Fr.1195 $50 Gold Certificate, Series 1882, Fr.1195, depicting Silas Wright Silas Wright
50$50 9th 1913 Fr.1199 $50 Gold Certificate, Series 1913, Fr.1199, depicting Ulysses Grant Ulysses S. Grant 1198 – Parker and Shush – Gold

1199 – Teehee and Burke – Gilt

fifty$fifty 9th 1922 Fr.1200a $50 Gold Certificate, Series 1922, Fr.1200a, depicting Ulysses Grant Ulysses S. Grant 1200 – Speelman and White – Gilded

1200a – Speelman and White – Gold, minor serial numbers

100$100 fourth 1882 Fr.1202 $100 Gold Certificate, Series 1882, Fr.1202, depicting Thomas Hart Benton Thomas Hart Benton

1201 – 1214

1201 – Bruce and Gilfillan – brown
1202* – Bruce and Gilfillan – brown, CS by Thomas C. Acton
1202a – Bruce and Gilfillan – brown, CS by Thomas C. Acton
1203 – Bruce and Wyman – brownish
1204 – Rosecrans and Hyatt – large carmine
1205 – Rosecrans and Huston – large chocolate-brown
1206 – Lyons and Roberts – modest red
1207 – Lyons and Treat – small scarlet
1208 – Vernon and Treat – small blood-red
1209 – Vernon and McClung – small reddish
1210 – Napier and McClung – small carmine
1211 – Napier and Thompson – small ruddy
1212 – Napier and Burke – small red
1213 – Parker and Burke – modest red

1214 – Teehee and Shush – pocket-size red

100$100 4th 1882 Fr.1207 $100 Gold Certificate, Series 1882, Fr.xxxx, depicting Thomas Hart Benton Thomas Hart Benton
100$100 9th 1922 Fr.1215 $100 Gold Certificate, Series 1922, Fr.xxxx, depicting Thomas Hart Benton Thomas Hart Benton 1215 – Speelman and White – small scarlet
500$500 fourth 1882 Fr.1216a $500 Gold Certificate, Series 1882, Fr.xxxx, depicting Abraham Lincoln Abraham Lincoln

1215a – 1216b

1215a – Bruce and Gilfillan – brown
1215b – Bruce and Gilfillan – chocolate-brown, CS by Thomas C. Acton
1215c – Bruce and Wyman – chocolate-brown
1215d – Rosecrans and Hyatt – big ruddy
1216 – Lyons and Roberts – modest cherry-red
1216a – Parker and Burke – small ruby

1216b – Teehee and Shush – minor carmine

500$500 ninth 1922 Fr.1217 $500 Gold Certificate, Series 1922, Fr.xxxx, depicting Abraham Lincoln Abraham Lincoln 1217 – Speelman and White – pocket-size reddish
1000$1,000 4th 1882 Fr.1218a $1,000 Gold Certificate, Series 1882, Fr.1218a, depicting Alexander Hamilton Alexander Hamilton

1218 – 1218g

1218 – Bruce and Gilfillan –brown
1218a* – Bruce and Gilfillan –chocolate-brown, CS by Thomas C. Acton
1218b – Bruce and Wyman – dark-brown
1218c – Rosecrans and Hyatt –large red
1218d – Rosecrans and Huston – large brown
1218e – Rosecrans and Nebecker – modest red
1218f – Lyons and Roberts – small carmine

1218g – Lyons and Care for – small red

grand$1,000 4th 1882 Fr.1218g $1,000 Gold Certificate, Series 1882, Fr.1218g, depicting Alexander Hamilton Alexander Hamilton
1000$ane,000 8th 1907 Fr.1219 $1,000 Gold Certificate, Series 1907, Fr.1219, depicting Alexander Hamilton Alexander Hamilton

1219 – 1219e

1219 – Vernon and Care for – Gold
1219a – Vernon and McClung – Gold
1219b – Napier and McClung – Gold
1219c – Napier and Burke – Gilt
1219d – Parker and Burke – Aureate

1219e – Teehee and Burke – Aureate

k$ane,000 9th 1922 Fr.1220 $1,000 Gold Certificate, Series 1922, Fr.1220, depicting Alexander Hamilton Alexander Hamilton 1220 – Speelman and White – Gold
5000$5,000 4th 1882 Fr.1221a
proof
$5,000 Gold Certificate, Series 1882, Fr.1221a, depicting James Madison James Madison

1221 – 1221j

1221 – Bruce and Gilfillan – brown
1221a* – Bruce and Gilfillan – chocolate-brown, CS by Thomas C. Acton
1221b – Bruce and Wyman – dark-brown
1221c – Rosecrans and Hyatt – large red
1221d – Rosecrans and Nebecker – small red
1221e – Lyons and Roberts – small ruby
1221f – Vernon and Treat – small red
1221g – Vernon and McClung – small ruby-red
1221h – Napier and McClung – minor cerise
1221i – Parker and Burke – pocket-sized red

1221j – Teehee and Burke – pocket-sized ruby-red

5000$5,000 5th 1888 Fr.1222a
proof
$5,000 Gold Certificate, Series 1888, Fr.1222a, depicting James Madison James Madison 1222 – Rosecrans and Hyatt – large red

1222a – Rosecrans and Nebecker – small-scale blood-red

10000$ten,000 4th 1882 Fr.1223a
proof
$10,000 Gold Certificate, Series 1882, Fr.1223a, depicting Andrew Jackson Andrew Jackson

1223 – 1223g

1223 – Bruce and Gilfillan – brown
1223a – Bruce and Gilfillan – chocolate-brown, CS by Thomas C. Acton
1223b – Bruce and Wyman – brown
1223c – Rosecrans and Hyatt – large red
1223d – Rosecrans and Nebecker – pocket-size red
1223e – Lyons and Roberts – small red
1223f – Vernon and Treat – small red

1223g – Teehee and Burke – small-scale red

10000$10,000 5th 1888 Fr.1224a
proof
$10,000 Gold Certificate, Series 1888, Fr.1224a, depicting Andrew Jackson Andrew Jackson 1224 – Rosecrans and Hyatt – large red

1224a – Rosecrans and Nebecker – small ruddy

10000$10,000 sixth 1900[nb 2] Fr.1225 $10,000 Gold Certificate, Series 1900, Fr.1225, depicting Andrew Jackson Andrew Jackson

1225a – 1225h

1225a – Lyons and Roberts – small red
1225b – Lyons and Treat – small carmine
1225c – Vernon and Care for – pocket-sized blood-red
1225d – Vernon and McClung – small ruddy
1225e – Napier and McClung – pocket-size red
1225f – Napier and Burke – pocket-size ruddy
1225g – Parker and Burke – small crimson

1225h – Teehee and Shush – small reddish

Modest [edit]

Small-size Usa Gilded Certificates
Value Series Fr. Image Portrait Signature & seal varieties
ten$10 19281928 Fr.2400 $10 Gold Certificate, Series 1928, Fr.2400, depicting Alexander Hamilton Alexander Hamilton 2400 – Woods and Mellon – gold

2401 – Woods and Mellon (1928A) – gold.

20$20 19281928 Fr.2402 $20 Gold Certificate, Series 1928, Fr.2402, depicting Andrew Jackson Andrew Jackson 2402 – Wood and Mellon – golden

2403 – Woods and Mills (1928A) – aureate.

50$fifty 19281928 Fr.2404 $50 Gold Certificate, Series 1928, Fr.2404, depicting Ulysses Grant Ulysses Grant 2404 – Woods and Mellon – gilded
100$100 19281928 Fr.2405 $100 Gold Certificate, Series 1928, Fr.2405, depicting Benjamin Franklin Benjamin Franklin 2405 – Woods and Mellon – gilt.
500$500 19281928 Fr.2407 $500 Gold Certificate, Series 1928, Fr.2407, depicting William McKinley William McKinley 2407 – Forest and Mellon – gold.
1000$1,000 19281928 Fr.2408 $1,000 Gold Certificate, Series 1928, Fr.2408, depicting Grover Cleveland Grover Cleveland 2408 – Woods and Mellon – gold.
5000$5,000 19281928 Fr.2410 $5,000 Gold Certificate, Series 1928, Fr.2410, depicting James Madison James Madison 2410 – Wood and Mellon – gold.
10000$ten,000 19281928 Fr.2411 $10,000 Gold Certificate, Series 1928, Fr.2411, depicting Salmon P. Chase Salmon P. Hunt 2411 – Woods and Mellon – gold.
100$100 19341934 Fr.2406 $100 Gold Certificate, Series 1934, Fr.2406, depicting Benjamin Franklin Benjamin Franklin 2406 – Julian and Morgenthau – gilt.
1000$1,000 19341934 Fr.2409 $1,000 Gold Certificate, Series 1934, Fr.2409, depicting Grover Cleveland Grover Cleveland 2409 – Julian and Morgenthau – golden.
10000$10,000 19341934 Fr.2412 $10,000 Gold Certificate, Series 1934, Fr.2412, depicting Salmon P. Chase Salmon P. Chase 2412 – Julian and Morgenthau – gilded.
100000$100,000 19341934 Fr.2413 $100,000 Gold Certificate, Series 1934, Fr.2413, depicting Woodrow Wilson Woodrow Wilson 2413 – Julian and Morgenthau – gilded.

Series catalogue [edit]

This is a chart of some of the series of gilded certificates printed. Each entry includes: series yr, general description, and printing figures if bachelor.

Small-size gold certificates [edit]

Small-size golden certificates
Series Denominations Signatures Printing Figure
1928 $10 W. O. Woods – Andrew Westward. Mellon 33,356,000
1928 $20 W. O. Forest – Andrew Westward. Mellon 67,704,000
1928 $fifty W. O. Wood – Andrew Westward. Mellon 5,520,000
1928 $100 W. O. Woods – Andrew Westward. Mellon 3,240,000
1928A $100 Westward. O. Woods – Ogden L. Mills 120,000*
1934 $100 Westward. A. Julian – Henry Morgenthau, Jr. 120,000*
1928 $500 Due west. O. Woods – Andrew W. Mellon 420,000
1928 $1,000 W. O. Wood – Andrew W. Mellon 288,000
1934 $1,000 W. A. Julian – Henry Morgenthau, Jr. 84,000*
1928 $5,000 West. O. Woods – Andrew W. Mellon 24,000
1928 $10,000 West. O. Wood – Andrew W. Mellon 48,000
1934 $10,000 Westward. A. Julian – Henry Morgenthau, Jr. 36,000*
1934 $100,000 W. A. Julian – Henry Morgenthau, Jr. 42,000*

* Notes: All Series 1928A gold certificates were consigned to destruction and never released; none[20] are known to exist.

See also [edit]

  • Silver document (U.s.a.)
  • National gold bank note
  • Digital gold currency

Footnotes [edit]

  1. ^ Notes issued under a given Series (e.yard., Serial 1882, Series 1907) are, in some cases, released over a menses of years, every bit reflected in the Friedberg number signature and seal varieties. For example, based on dates of the signature combinations,[thirteen] the Series 1907 $x gold certificate was commencement issued with the signature combination of Vernon and Treat (in office together from 1906 to 1909) and last issued with the Teehee and Burke signatures (in role together from 1915 to 1919). Therefore, a Series 1907 note could have been issued equally late every bit 1919.
  2. ^ There was a massive fire in a new Post Part building at the corner of 12th and Pennsylvania, in Washington D.C., on Friday, Dec 13, 1935. At the fourth dimension, part of the 6th floor was existence used for Treasury Department storage. Fire Fighters threw many boxes of documents out of the windows and into the streets below. One such box contained almost every surviving piece of the series 1900 Gold Certificates. Passersby rapidly grabbed them upwardly off the street, although all of the notes had been previously redeemed and canceled. Treasury records indicate that at that place are no outstanding redeemable notes of this series.[19]

Notes [edit]

  1. ^ "Gold Certificate". BullionVault. Archived from the original on Dec 2, 2011. Retrieved July 19, 2010.
  2. ^ "Interview: Harvey Organ, Lenny Organ, Adrian Douglas". King World News. vii Apr 2010. Archived from the original on 1 July 2010.
  3. ^ Morgenthau, Henry (Jr.) (Dec 28, 1933). "Secretarial assistant of the Treasury Gold Guild, December 28, 1933". FRASER (https://fraser.stlouisfed.org). Federal Reserve Banking company of St. Louis. Retrieved March 14, 2022.
  4. ^ Dillon, Douglas (April 24, 1964). "29 FR 5556, "Removal of Delivery Requirements for Gold Certificates and General License to Hold Gold Certificates"" (PDF). GovInfo.gov (https://world wide web.govinfo.gov). Function of the Federal Register. Retrieved March 14, 2022.
  5. ^ "Affiliate 31, Usa Code". Retrieved March 31, 2013.
  6. ^ "Denominations Above The $100 Notation". Bureau of Engraving and Printing. Retrieved March 16, 2022.
  7. ^ "CUSTODY OF Gilded CERTIFICATES, Series OF 1934, equally specified by the United States Treasury". Retrieved February 22, 2014.
  8. ^ "ISSUE AND REDEMPTION OF Gold CERTIFICATES, as specified by the Usa Treasury". Retrieved February 21, 2014.
  9. ^ "GOLD Document ACCOUNT, as Specified by Federal Reserve System". Retrieved February 21, 2014.
  10. ^ "100,000 Dollars, Gilt Certificate, Usa, 1934". National Museum of American History. Retrieved March sixteen, 2022.
  11. ^ "Federal Reserve H.iv.1 Release". Retrieved December 28, 2013.
  12. ^ Friedberg & Friedberg, pp. 164–173.
  13. ^ Friedberg & Friedberg, p. 303.
  14. ^ a b Friedberg & Friedberg, 2013, p. 165.
  15. ^ Blake, p. 19.
  16. ^ Waldron, George B. (1896). A Handbook on Currency and Wealth: With Numerous Table and Diagrams. Funk & Wagnallis Company. p. twenty. Retrieved July 6, 2014.
  17. ^ The Bankers' Mag. 43: 813. 1888.
  18. ^ Friedberg & Friedberg, 2013, pp. 172-173.
  19. ^ Friedberg & Friedberg, 2013, p. 173.
  20. ^ "USPaperMoney.Info". Retrieved December nine, 2011.

References [edit]

  • Friedberg, Arthur 50.; Friedberg, Ira S. (2013). Paper Coin of the United States: A Complete Illustrated Guide With Valuations (20th ed.). Money & Currency Institute. ISBN978-0-87184-520-vii . Retrieved February xiv, 2014.

Source: https://en.wikipedia.org/wiki/Gold_Certificate_(United_States)#:~:text=A%20gold%20certificate%20in%20general,way%20to%20invest%20in%20gold.

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