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 Replies: 13 / Views: 2,893 |
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New Member
Australia
5 Posts |
Hi guys.. first post :)
Ok I have looked on the net about these U.S notes and a genuine one is rare to get.. whats it worth to buy one?
i ask because I know where there is alot and they have been there along time on a island.I know you guys will be thinking but it's true and it's abit scarey.They might be worth alot or almost nothing,so I'm asking
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Moderator
 United States
23516 Posts |
Welcome to the forum
What denomination are the certificates?
Can't have value until we know if they are 1s 5s etc
rggoodie
aka Richard
"catch em doing something right"
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New Member
 Australia
5 Posts |
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Pillar of the Community
United States
2254 Posts |
Gold Certificate 100,000 Dollars 1934
Front
Enlarge
Back
Enlarge
This note is not in my collection. Scans courtesy of the Federal Reserve Bank of San Francisco's American Currency Exhibit
Front: Woodrow Wilson (1856-1924), 28th President of the United States 1913-1921
Wilson graduated from the College of New Jersey (Princeton University) and the University of Virginia Law School. He earned his doctorate at Johns Hopkins University and became a professor of political science and later president of Princeton in 1902. Wilson ran for President in 1912. He won by an overwhelming electoral vote but only 42 percent of the popular vote.
Back: One Hundred Thousand Dollars
This 100,000 Dollar Gold Certificate is the highest U. S. denomination. Only 42,000 were printed. They were used only for transactions between the Federal Reserve and the Treasury Department. These notes were never issued for public circulation. When the Government stopped using them, most were destroyed.
Only three are known to have survived. One is housed at the Federal Reserve Bank of San Francisco, one at the Bureau of Engraving and Printing, and one at the Smithsonian Institute.
It's illegal for a private person to own one of these notes, and none has ever been in private hands. All 42,000 were accounted for. However, I have come across several poor quality counterfeits. They seem to be originated from Asia. So if you happen to have one in your position, I can assure you that it's a fake.
Hope this helps.
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Pillar of the Community
United States
2254 Posts |
Straight from the US treasury website also:
Series: 1934
Portrait: Woodrow Wilson
Back Vignette: The United States of America - 100,000 - One Hundred Thousand Dollars
The $100,000 Gold Certificate was never released into general circulation and was only used in fiscal channels. This note cannot be legally held by currency note collectors.
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New Member
Australia
5 Posts |
ok..i need to get them looked at and verified.All the notes might have been accounted for, but with a Japanese Navy bearing down they might have just buried never to be found again..who knows...So looks like they are not worth alot then if there not allowed to be privetly owned,just my luck.
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Pillar of the Community
United States
2254 Posts |
Well, if they're real, I think they would be "priceless". As unlikely as that is judging by the articles I have read, I would certainly make sure I have all of my ducks in a row long before I tried to have these things looked at. lolololol.
Like I said, I would give a 99% chance of being a forgery. The illegal to own part would definitely have me a little curious though, especially since these were never intended to be put into circulation. JMHO
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New Member
Australia
5 Posts |
would the federal reserve bank know where a note was used in a transaction and finally destroyed if a serial number was produced for that note.Seemingly these notes where not used for general circulation?
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Pillar of the Community
Australia
3831 Posts |
For a bill that is that large, 100k of those days are probably half a million right now. Not too sure about the inflation rate but it might be that high in today's dollars.
It is extremely unlikely that a private person had that much money and it was only used from bank to bank transaction. If it was stolen, maybe possible, that serial number would have been recorded anyways. Don't see how someone can be THAT lucky.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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Pillar of the Community
United States
2540 Posts |
I would doubt that the bill is legit.
Be careful, and when in doubt, punt.
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New Member
Australia
5 Posts |
i gotta say thanks guys for your help on this matter.I will get them looked at and see what happens and if there legit then maybe I have bitten off more than I can chew..lol..
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Pillar of the Community
United States
577 Posts |
And don't forget to keep us posted!
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Valued Member
United States
394 Posts |
Salt,
If your source who reviews the notes claims they are legit, you best rush to legal counsel and on a dead run!!! I would bet that a U.S. government agency is already aware of the possibility that some illegal notes may be out there and they have a lead on you already. I would say that speed is of the essence in this matter for your sake. As my parting remark I would bet dollars to donuts that the notes are facsimiles or fakes!!!
Berry
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Pillar of the Community
Australia
9406 Posts |
Being U.S. currency, it would only be illegal to own them in the U.S. I would gladly offer to hold them for you in Aus. LOL Steve  |
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Replies: 13 / Views: 2,893 |
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Posted 01/12/2007 06:29 am
