What is the cheapest Gold Certificate I can buy?

Discussion in 'Paper Money' started by Gam3rBlake, Feb 13, 2021.

  1. Gam3rBlake

    Gam3rBlake Well-Known Member

    I’ve really wanted a gold certificate for a long time and I was wondering if maybe there was a cheaper (than the older stuff) more common gold certificate I could buy for a reasonable price?

    Kind of like how a 1921 Morgan Dollar would be a more common and cheaper Morgan Dollar compared to the rest.

    In terms of the denomination I don’t really care what it is. Only that it’s a gold certificate.
     
    GoldFinger1969 likes this.
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Well, the lower denomination Gold Certificates will be cheapest. That would be the $10 GC. The $20, $50, and $100 GC's can be pricey even in low grade condition.

    I got a nice EF 45 one that looks much better in pics than the grade would indicate. So you just have to be patient.

    1928 $10 Gold FR #2400 front.jpg 1928 $10 Gold FR #2400 back.jpg
     
    ZoidMeister, tibor, fretboard and 5 others like this.
  4. GoldFinger1969

    GoldFinger1969 Well-Known Member

    BTW, how much do you want to spend ?
     
  5. Gam3rBlake

    Gam3rBlake Well-Known Member

    That’s a beautiful note!

    Can you give me a kind of price range?

    Or maybe what you paid for the note you posted?

    I’m not sure how much I want to spend yet but if I know roughly what prices are I would know if they are within my budget.
     
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  6. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Sure is a Nice note . Looks better than a EF45 ,then again currency is hard to grade by picture sometimes .
    @Gam3rBlake . Good luck on your search for Gold . I'll keep an eye out . Heck, got nothing better to do until The 14 th ( V-Day ) .
     
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  7. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I think it ran me around $200, OTTOMH. Maybe $230 or so with the BP, fees, etc. I'll double-check over the weekend.

    I saw a Greensheet article that big denomination $500 and $1,000 bills in lower grades were seeing Covid-19 stimulus buying and the prices had moved up 30% or more in a few months. Doesn't seem to have hit all the coins or currencies in driving up their prices.
     
  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

    It may have the slightest of folds that are just not visible from pics. I asked CT'ers on the Currency Thread to GTG and they came back as high as the mid-60's !!! :D
     
  9. GoldFinger1969

    GoldFinger1969 Well-Known Member

  10. Gam3rBlake

    Gam3rBlake Well-Known Member

    Oh wow that’s a better price than I expected.

    I was thinking of maybe the best gold certificate I could get for $750 or so?
     
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  11. Gam3rBlake

    Gam3rBlake Well-Known Member

    Oh btw here is my $10 silver certificate :D

    It’s the only bank note I own that’s graded and it’s cool because it’s $10 just like yours.

    I wonder if someone back then could trade my note for your note since they’re both $10 right?

    D8857B8C-91D2-47EE-A890-8EA41369CC2F.jpeg

    38B237DC-EFF9-45E9-BBCF-7FFC91FBFEF4.jpeg
     
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  12. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    I wouldn't back then in my alternate Life . :D It's not Apples for Apples .
     
  13. Gam3rBlake

    Gam3rBlake Well-Known Member

    But that’s what I mean..so technically if one $10 note is worth more than another $10 note due to Gresham’s Law the gold notes should’ve all been driven out of circulation and people would’ve only used silver $10 notes.
    6AB6AC99-EF27-42F4-B6E5-DC81EA10CE9D.jpeg
     
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  14. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I think you can get a PMG 65 for a $10 or $20 then pretty easily. Might even be able to buy a $50 or $100 in PMG 58 quality (maybe a bit above) for that price.

    There are some nice ones that come by every few weeks on HA and GC. Maybe Ebay has one, though the quality and cost are usually not up to snuff.

    Be patient but for that much money you should be able to buy a VERY NICE one.
     
  15. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Great bill, G3R !!
     
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  16. Bradley Trotter

    Bradley Trotter Well-Known Member

    @Gam3rBlake,

    If you're in the market for a gold certificate, your most budget-friendly options are going to be the Series of 1922 $10 & $20, assuming you want a large size note. However, if you'd like a small size gold certificate, the series of 1928 is somewhat less cost-prohibitive. Regardless, with your budget, you should be able to procure an excellent example from either series.
     
    Last edited: Feb 13, 2021
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  17. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Good points, BT...I assumed he was in the market for a small note but maybe not.

    Price is higher, conditions tougher to find in the large note arena.
     
    Bradley Trotter likes this.
  18. lettow

    lettow Senior Member

    By the time the 1934A Silver Certificate was printed, it was illegal to own the Gold Certificate.
     
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  19. Searcher64

    Searcher64 Member

    I have several. The first one was the $100.00 1928 series. One day at my local bank that knew me, called and I went down to see what she had. She went into the vault and came out with it. She felt it was not real. She about to mark it with a pen and I told her not to. I now have a $100.00, $50.00, several $20.00s, and several $10.00s. The next time when she called she had a $500.00 note of the 1934A series and I got it for face and I did for the $100.00 above. I have been lucky on others too.
     
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  20. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Didn't go for grading, Searcher ?
     
  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    That depends on the condition, you can get a "RAG" for next to nothing
    in other words a filler until you can afford something better.
     
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