Gold Certificate

In the past,

long before the notes with the green seal, in circulation today, were produced

to allow the populace to perform transactions across America, there was a time

when we used cash in the form of notes that carried terms such as Silver Certificate

and Gold Certificate on them. The Gold Certificate was a legal tender note that

began it's emergence into the American economic fabric in the late 19th century.



Originally

these Gold Certificate notes were used to transfer large quantities of money

from bank to bank by way of the promissory notes. Eventually, the point of using

the Gold Certificate was so the public could feel confident that the paper money

they were carrying actually represented something similar to the coins they

were carrying, which contained silver and gold; precious metals used for many

centuries to purchase goods and services throughout the world.



It is stated

quite clearly on the Gold Certificate large 50 dollar notes from the 1913 series,

to use one example, that, "THIS CERTIFIES THAT THERE HAS BEEN DEPOSITED IN THE

TREASURY OF THE UNITED STATES OF AMERICA FIFTY DOLLARS IN GOLD COIN PAYABLE

TO THE BEARER ON DEMAND." The many other types of the Gold Certificate, both

large and small notes, and in all denominations, carrying the Gold Certificate

label, provide some variation of this statement, thus giving the public an opportunity

to redeem any of the paper notes, at any of the Treasury of the United States

offices across the country, for real gold comparable to the amount of the Gold

Certificate at the time of redemption.



The Gold

Reserve Act of 1933 required that all citizens turn in any Gold Certificate

in there possession as the "New Deal" administration of Franklin D. Roosevelt

began the process of taking the United States off the gold standard. C. Douglas

Dillon, the Secretary of the Treasury in 1964, finally removed any restrictions

on these notes, making them legal to owned or be collected. These notes are

now obsolete.



It is suggested

that instead of using you old Gold Certificate to pay for gas, you bring it

in to one of the numismatic and notaphilist experts at Nevada Coin & Jewelry,

where we can examine it for a value more than just its face value. The average

Gold Certificate will trade on the open collectible market for at least 10 percent

above its face value and could be considerably more depending on condition and

rarity. Currency collecting is considered the "hobby of kings" and at Nevada

Coin & Jewelry, we have many experts on the subject.



So bring

your Gold Certificate in to any of the Nevada Coin & Jewelry locations in the

greater Las Vegas area and put our expertise to work for you today. Who knows?

Perhaps your Gold Certificate might just be a treasure!



(702) 256-2646

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