Have you ever found a Gold Certificate in change?

Has anyone ever found an American Gold Certificate in change? If so,then what denomination & date of issue? If you can,please post some photos?

Kiss :high5: :secret:

Aidan.

 

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i have never seen or aquired a gold certificate in change. Have you?

 

Never a gold certificate but I did once get an early FNR that still had the promise to redeem in gold on it.

Geting a gold certificate in circulation would be highly unlikely after the mid 1930's because between 1933 and the early 1960's they were illegal to own so tying to pass one would have been difficult. Most people back in the 30's and 40's would not have wanted to have anything to do with them, and later than that their distinctive appearance would have made most people reject them because they didn't look right.

 

Gold $5

My father had this with some old two dollar and silver paper.
The colors are pretty true, very black ink on obverse and bright green on the reverse.
Be well
Floyd

 

That's an early Federal Reserve Note not a gold certificate. The smallest denomination of gold certificate was $10 and the gold certificates have yellow seals and yellow backs.

 

Now I know !

I as you see, know very little about currency. I have not seen much of the new stuff as I seldom use it. I wonder if credit cards will eventually move paper currency out of site ? Thanks for the lesson.

Be well
Floyd

 

Small size gold certs have the same color backs as other notes - green.

Exceptions are the Series 1934 notes, that had orange backs. But they were not issued to the public, being internal accounting devices for the Federal Reserve System.

 

I never heard of this series... any web links available? I'm curious

 

I'm going to have to say yes. Example: You get a check from work. Bring it to the bank and deposit it into your checking account. Go to the store and use your debit card. The money is transferred from your account to the account of the store. During that whole process, no cash was ever used.

 

xeno - there's some info on this page about them, and images too:

http://en.wikipedia.org/wiki/Gold_certificate

 

You're right I was wrong about that. They do have the yellow seals though. (My reference book did not show a picture of the back of the notes. I knew the large size were yellow backs and I made the mistake of making an assumption that they did the same on the small size.)

 

cash or cretit?

I would doubt it, how would you pay the babysitter or the boy that mows your lawn and scoops your driveway? To many things that would be hard to pay for without cash.

 

what about writing a check for them? why couldn't you do that?

 

As long as suitcases full of cash are needed to get things done in Washington, currency will continue in use. Even our esteemed government officials probably aren't ready to live in a world where it is impossible to conduct a transaction with privacy, and that requires coin and currency.

 

nope, sorry, the closest I ever came was a 1928 FRN that was "redeemable in gold" but no actual gold certs, unfortunately.

 

So Cave Troll,if i hear you right the green seal(redeemable in gold) notes are not considered gold certs the
way the gold seal ones are.
As far as finding one in circ,if anyone's that lucky they should buy a lotto ticket.

 

that is correct. The FRN's (Federal Reserve Notes) are NOT considered "gold certificates" even though they were redeemable in gold when they were printed.

This is a FRN:


and this is a gold certificate:

 

Money Money Money.

Those are nice. Thanks for the look. That first one FRN looks to be about in the same shape as my five. It is still has about a 80+ crispness to other like new bills of the same era. Did you see who the Secretaty of the treasurey was ? Mellon as in Mellon Bank of latter years I think .

Be well
Floyd


What have I bought lately

Gold Indian from the mint.
1919 20 peso gold uncirculated
Canberra silver boxed set

 

Poker hands

Those "C" notes have a couple of nice money poker hands on them ! Aces and eights,Wild Bills hand.

Floyd

 

Aces & Eights.

Floyd,if you have got all the Aces & all the Eights,then you have what is commonly known as the Dead Man's Hand.You're tempting fate there though!

Aidan.