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Olevian Numismatic Rarities

1922 & 1928 Small and Large Size Gold Certificates // Set of 2 // VF25

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Product Description

Gold certificates were a form of United States paper money issued from 1863 to 1934. Each certificate entitled the bearer to the corresponding amount of gold coin at the statutory rate of $20.67 per troy ounce established by the Coinage Act of 1834. Like other forms of U.S. paper money, gold certificates were issued in a larger physical size from 1865 to 1928. Thereafter, the size was reduced to that of our present-day paper money. The backs of all large-size notes and the small sized notes of 1934 were orange in color, resulting in the nickname “yellow boys” or “goldbacks.” In 1933, the practice of redeeming these notes for gold coin was ended by the U.S. government and it became illegal to possess gold certificates until the restriction was lifted in 1964. This illegality, combined with public fear that the notes would be devalued and made obsolete, resulted in most circulating notes being retired. For this reason, gold certificates are generally quite rare today and command significant collectible premiums. You will receive the unique notes shown in the photos, accompanied by a certificate of authenticity.

Product Details
  • Measurements
    8"L x 4.25"W x .1"H
  • OriginUnited States

— Series: 1922 &1928
— Type: Gold Certificate
— Size: Small & Large
— Denomination: $10
— Signature: Speelman-White & Woods-Mellon
— Friedberg Number: FR2400 -FR1173

Quality Assurance:
The product offered for sale in this listing has been certified by one or more professional certification services, so you can be confident in the authenticity and stated condition.

Shipping Information
  • Shipping Availability
    United States
  • Shipping Policy
    Discounted Shipping
  • Discounted Shipping
    $14.99 first item / $14.99 each additional
  • Ship In
    3-4 weeks
  • Return Policy
    Final sale, not eligible for return or cancellation

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