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Michael Hannigan
Michael Hannigan, Consultant
Category: General
Satisfied Customers: 11686
Experience:  25+ Years in the field
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I am a coin collector, but I saw a $20 1928 series Gold certificate

Resolved 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
Submitted: 5 years ago.
Category: General
Expert:  replied 5 years ago.

XXXXX XXXXXnigan :

Hello. I can assist you with your question.

XXXXX XXXXXnigan :

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

XXXXX XXXXXnigan :

Do you have a picture of the bill?

XXXXX XXXXXnigan :

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

XXXXX XXXXXnigan :

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.

XXXXX XXXXXnigan :

There is a 1928 series of each

XXXXX XXXXXnigan :

One in Very Good condition is worth about $210

XXXXX XXXXXnigan :

Very Fine condition about $280

Customer:

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.

Customer:

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

XXXXX XXXXXnigan :

Those are called Federal Reserve Notes

XXXXX XXXXXnigan :

Both Gold Certificates and Federal Reserve Notes were issued.

Customer:

Thanks, XXXXX XXXXX are they worth?

XXXXX XXXXXnigan :

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

XXXXX XXXXXnigan :

And as I siad for the $20 Gold Certificate

XXXXX XXXXXnigan :


1:06 PM



One in Very Good condition is worth about $210






1:06 PM



Very Fine condition about $280



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