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I am a coin collector, but I saw a $20 1928 series Gold certificate

 
Michael Hannigan's Avatar
  • Answered by:Michael Hannigan
  • Internet Researcher
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Customer Question

I am a coin collector, but I saw a $20 1928 series Gold certificate on ebay and I am wondering if it is worth anything. It looks just like a $20 bill except it has the gold star on the left hand side that says "gold certificate".---Deb

 



Already Tried:
Just looked on ebay

Submitted: 354 days and 19 hours ago.
Category: General
Value: $30
Status: CLOSED

Accepted Answer

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Expert:  Michael Hannigan replied 354 days and 19 hours ago.


XXXXXXX XXXnigan :

Hello. I can assist you with your question.

XXXXXXX XXXnigan :

To answer your question, they can be valuable, depending on several factors.

XXXXXXX XXXnigan :

Do you have a picture of the bill?

XXXXXXX XXXnigan :

On ebay, be VERY careful and make sure that it is not a "copy"

XXXXXXX XXXnigan :

That it has the gold seal indicates that it's a Gold Certificate, as you said, and not a federal reserve not redeemable in gold.

XXXXXXX XXXnigan :

There is a 1928 series of each

XXXXXXX XXXnigan :

One in Very Good condition is worth about $210

XXXXXXX XXXnigan :

Very Fine condition about $280

JACUSTOMER-dt0hjrlr- :

I am very careful on "copies" and ebay's buyer protection gives great coverage. I do not have a picture of the bill. How much (ballpark est) is the thing worth. This guy is selling it for $97 but I am looking at others going for 2-5X that much. Sometimes I luck into sellers who sell cheap and this guy runs a coin/money business with a 100% feedback score, meaning what he sells is good and as described.

JACUSTOMER-dt0hjrlr- :

Second question: I am also looking at some bills that say "redeemable in gold". $10 paper notes. What are they? As I said I am a "coin" collector, not paper money, so I am trying to get educated on them. ---Deb

XXXXXXX XXXnigan :

Those are called Federal Reserve Notes

XXXXXXX XXXnigan :

Both Gold Certificates and Federal Reserve Notes were issued.

JACUSTOMER-dt0hjrlr- :

Thanks, but what are they worth?

XXXXXXX XXXnigan :

A $10 Federal reserve note, 1928 series is worth about $70 in Very Good/Fine

XXXXXXX XXXnigan :

And as I siad for the $20 Gold Certificate

XXXXXXX XXXnigan :
1:06 PM

One in Very Good condition is worth about $210

1:06 PM

Very Fine condition about $280

Expert TypeInternet Researcher
Category: General
Pos. Feedback: 96.5 %
Accepts: 251
Answered: 4/23/2012

Experience: Extensive experience in research and problem solving.

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