$20 Gold Certificate, 1928...

Discussion in 'Paper Money' started by ewomack, Nov 29, 2021.

  1. ewomack

    ewomack 魚の下着 Supporter

    I've always had a strong liking for gold certificates, but sadly decent examples often come at a substantial cost. Thankfully, the $20 cert below, though it does have some issues, sat somewhere in my "affordable" price range. So I grabbed it. Perhaps the (completely empty) fantasy of taking one of these to a bank and receiving a $20 St. Gaudens in return fuels my fascination for this particular type? Or just the fact that they really represented "hard money" at the time. In any case, they preserve a lost epoch in history. I wonder if the people who handled this one ever went home with chunks of gold?

    1928_20Dollar_GoldCert_01.png 1928_20Dollar_GoldCert_02.png

    I hope it gets along okay with my $10 from the same series... I have this feeling that Hamilton and Jackson would not have seen eye to eye on certain issues...

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  3. Mountain Man

    Mountain Man Supporter! Supporter

    Nice notes. Thanks for sharing.
  4. YankeeDime

    YankeeDime non-conformant

    Hamilton is just jealous because he never got to be POTUS, lol.

    Awesome notes, I've never seen a gold certificate in person.
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  5. Searcher64

    Searcher64 Member

    One day I got a call from my bank from a teller I know. She said I have a strange bill. Could you come and look at it. I did and it was a $100.00 1928 Gold Certificate. Then a few months later another call. She said she had another bill for me. So again I went and she said she had to get it out of the safe. It was a 1934A $500.00 FR note. I did bought her lunch. So get to know your tellers and tell them what you are looking for.
  6. Southernman189

    Southernman189 Well-Known Member

    WOW, you have an awesome friend.
  7. Southernman189

    Southernman189 Well-Known Member

    I have a few of those but yours look better than mine so good job at getting those.
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  8. Tamaracian

    Tamaracian Member

    In 1972, one day when I was at my local bank (Marine Midland Bank), a man in front of me had just handed the Teller some bills for deposit and I spotted a $20 with a Gold Seal that she had just counted. After the man had finished and departed the window I stepped up and asked the Teller if I could get that Bill in exchange for another $20 and she said that the Bank is supposed to put those types of Notes aside for return to the Federal Reserve for destruction! Well, I managed to sweet-talk her, saying that I was a Coin Collector and that some Notes had different color seals and that I had some of them but not the Gold Seal, and I would really appreciate it if she could let me have that Note in exchange for a regular $20.

    I had that Note for several years, along with various other notes (with other than Green Seals), and my coins; several years later I got married and needing cash to buy my first home I brought everything to a dealer and got almost $1K--which helped a lot in that economy--but when I reminisce about what I had (ex: a proof 1913 Lincoln, with a minor scratch) I really wish I had those same coins today.
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  9. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    What did you pay for that $20 GC ? Any interest in buying a graded one ?
  10. Al Kowsky

    Al Kowsky Supporter! Supporter

    ewomack, Congrats on scoring the $20 gold note :happy:! You're right about the high-grade notes being rare & expensive :(. I settled for the coin instead, an NGC MS65 with a "green bean" sticker :D.

    1928 $20 Liberty, MS65.jpg
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  11. GoldFinger1969

    GoldFinger1969 Supporter! Supporter

    I love Saints, don't get me wrong, and that's a nice coin. But you can buy a very nice high-graded $20 and maybe even $100 GC for less than half the cost of a Saint.

    If you want nice-looking but with flaws that won't be noticeable via photos or at first glance in-hand....you can go down to EF 40 where bills cost only a few hundred dollars.
    ewomack likes this.
  12. Jim Dale

    Jim Dale Well-Known Member

    I don't save bills, but I do like to see Silver and Gold Certificates. The teller that helped me in the past, retired a few years ago. My wife taught her in a Senior English class and she adored my wife as her close friend, even today. Used to get all sorts of coins from her. One instance, she asked me if I wanted a gold quarter. I was a little surprised, so I said I would like to see it. When I got to the credit union, she showed me her "gold quarter". It was evident that the quarter had some gold color "platting" on it. I told her what the coin was. I asked her what it cost and she told me that it was in a deposit and the depositor was give 25 cents in the deposit. I asked if I could give her a shiny new quarter for the "gold" quarter and she said that it would be all right. So, now I am a "rich gold" quarter owner.
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  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Anything with the word Gold In it is ok with me :)
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  14. Southernman189

    Southernman189 Well-Known Member

    This reminds me of a time talking with my Dad years back. He worked at a coal mine back in 1930's and made the comment he was paid $20.00 a week (twenty dollar gold piece) Needless to say "Dad why didn't you save those???" lol he was trying to make a living. Back then it was normal coins. Hard to see that now. I wasn't even a twinkle in dads eye yet.
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  15. Searcher64

    Searcher64 Member

    Above I did not say that I now have this many Gold notes $100.00, $50.00, $20.00 [several] $10.00 [several]
    GoldFinger1969 likes this.
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