Fr. 2405 $100 1928 Gold Certificate PCGS Apparent Extremely Fine 45- Gorgeous

Here is a rare find Introducing the most deirable fr. A great example of popular type that should provide one lucky winner with a nice note at a better than average price. The aforementioned margin staining on the holder is really quite insignificant and confined to the back of the note. While most of the fr.

2405 feature an uneven and not centered reverse, this one stands out with a superb gem perfect centering on both sides. This example is extremely unique with its attractive Gem eye appeal.

It is blessed with full wide margins and nice corners. It was given the PCGS grade of 45 Extremely. A gold certificate in general is a certificate of ownership that. Owners hold instead of storing the actual gold. It has both a historic meaning as a U. (18631933) and a current meaning as a way to invest in gold. The gold certificate was used from 1863 to 1933 in the. Each certificate gave its holder title to its corresponding amount of. Therefore, this type of paper currency was intended to represent actual gold coinage. In 1933 the practice of redeeming these notes for gold coins was ended by the U. Government and until 1964 it was actually illegal to possess these notes. In 1964 these restrictions were lifted, primarily to allow collectors to own examples legally; however the issue technically converted to standard legal tender with no connection to gold. In 1933, gold certificates were withdrawn from circulation.

As noted above, it was illegal to own them. That fact, and public fear that the notes would be devalued and made obsolete, resulted in the majority of circulating notes being retired. In general, the notes are scarce and valuable, especially examples in "new" condition. 2405 $100 1928 Gold Certificate PCGS Apparent Extremely Fine 45- Gorgeous" is in sale since Thursday, June 25, 2015. This item is in the category "Coins & Paper Money\Paper Money\ US\Small Size Notes\Gold Certificates".

The seller is "superiorexcellency-com" and is located in Seattle, Washington. This item can be shipped worldwide.

Certification: PCGS Currency
Circulated/Uncirculated: Circulated
Grade Designation: Apparent/Net
Type: Banknotes
Grade: 45
Denomination: $100
Country/Region of Manufacture: United States
Year: 1928