Contemporary Counterfeit or Not?

Discussion in 'Paper Money' started by Bradley Trotter, Jun 26, 2021.

  1. Bradley Trotter

    Bradley Trotter Well-Known Member

    Care to settle a question?

    I’ve had this “gold clause” FRN for several years now after it was gifted to me by my Grandfather. Ever since I received it I have had doubts about its authenticity and often have leaned towards it being a contemporary counterfeit. Regardless, I would like to hear what others have to say about this particular note’s authenticity.

    96F2D73A-44A2-4F51-8458-63D5DD1FA3BD.jpeg
    DD94734C-D8A3-4354-8423-CEE1E5B21197.jpeg
     
    potty dollar 1878 likes this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Dean 295

    Dean 295 D.O.M.

    Not too sure if it is a counterfeit. Sorry.
     
  4. potty dollar 1878

    potty dollar 1878 Well-Known Member

    I think it was just a bad print not 100% sure nice old note either way.
     
  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    I’m sure it’s real and the west is affecting the looks.
     
  6. Southernman189

    Southernman189 Well-Known Member

    looks like it has been washed in the ole' "ringer" washer a few times with lye soap. Looks real to me just seen better days
     
  7. SteveInTampa

    SteveInTampa Always Learning

    Definitely counterfeit. Series 1928A $5 LT’s started with the C-A block. If you’re ever in doubt, look at the eyes. This is a genuine portrait.

    2D83C4E1-D8AA-4020-AA38-32A9BE32F23F.jpeg
     
    NOS, Dynoking, Collecting Nut and 4 others like this.
  8. hotwheelsearl

    hotwheelsearl Well-Known Member

    Looks off to me. I doubt it’s real. Back then this would have been a valuable amount to counterfeit, sort of like counterfeiting a $20 or $50 today.
     
    Stevearino likes this.
  9. Southernman189

    Southernman189 Well-Known Member

    now IF it is Counterfeit or subject to being..what now?
     
  10. scottishmoney

    scottishmoney Buh bye

    The fine details in the portrait are lacking on your note, the ink is out of place and it doesn't look like an intaglio print but something that was offset printed. Even the green colour in the seals and the reverse is a bit darker than on the real note.

    Compare the printing in the portrait in @SteveInTampa 's note with yours and you will notice the difference.
     
  11. Heavymetal

    Heavymetal Well-Known Member

    Worth its weight in...paper
    But from your grandfather, priceless
     
    Stevearino likes this.
  12. Searcher64

    Searcher64 Member

    Any coin or currency during this period of time of "GOLD", only collectors could keep any of such. Many did not turn these it and they are still popping up. I have received and acquired many. I acquired a 1928 $100.00 gold certificate from my local bank because my bank teller kept it for me. So the above is real. Effects. Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $413 in 2020) per troy ounce.
    Signed by: Franklin Delano Roosevelt on 5 April ...
    Executive Order number: 6102
     
  13. SteveInTampa

    SteveInTampa Always Learning

    Are you stating that the note the OP posted is genuine ?
     
    NOS likes this.
  14. Bradley Trotter

    Bradley Trotter Well-Known Member

    That’s what aroused my suspicions in the first place along with what @scottishmoney, mentioned. Anyway, thanks for your input @SteveInTampa. Granted, I had gotten into a semi-heated discussion with my grandfather yesterday by pointing out my suspicions, so I figured that additional opinions would be warranted.
     
    Last edited: Jun 27, 2021
  15. Southernman189

    Southernman189 Well-Known Member

    lol never tell a grandfather (or woman) he/she is wrong. You won't win no matter what
     
    Dynoking, Hookman and Bradley Trotter like this.
  16. Mac McDonald

    Mac McDonald Well-Known Member

    Why...? You must have a reason(s) for your doubts or leaning that way...what is it more specifically...?
     
  17. Bradley Trotter

    Bradley Trotter Well-Known Member

    What warranted my suspicion originally was the overall lack of detail compared to other contemporary notes in my collection.
     
  18. scottishmoney

    scottishmoney Buh bye

    I'd keep it, stashed away safely, as a piece of history.
     
    NOS and Southernman189 like this.
  19. Southernman189

    Southernman189 Well-Known Member

    I have a 1877-S twenty-cent piece with crooked CRUDE milled edge (to make folks believe it was a Quarter) for the same reason. not worth much but has History
     
  20. Mr.Q

    Mr.Q Well-Known Member

    If it is counterfeit, I believe the government would be interested, don't you think!
     
  21. scottishmoney

    scottishmoney Buh bye

    But it doesn't mind what it doesn't know about.
     
    NOS and Stevearino like this.
Draft saved Draft deleted

Share This Page