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1906 Gold Certificate

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Author Previous TopicReplies: 5 / Views: 1,197Next Topic  
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bvalania's Avatar
United States
458 Posts
 Posted 01/10/2021  5:40 pm Show Profile   Bookmark this topic Add bvalania to your friends list Get a Link to this Message Number of Subscribers
Picked it up ten years ago from a local shop, I loved it, folded about 6x at one point but looks good.

Thoughts on value?

Anywhere I can go to redeem it for gold? Plus the cost of living increases from than until now



1906-Gold-Certificate
1906-Gold-Certificate
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 01/10/2021  5:57 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
I'm not going to ask why you folded it...that's none of my business. I like the orange backs on these. I'm guessing it's worth somewhere between $200 - $300, maybe more if graded.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 01/10/2021  6:31 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I don't think the OP meant that he himself folded it, only that it was folded about 6 times "at one point". Agree with your value estimates.
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bvalania's Avatar
United States
458 Posts
 Posted 01/10/2021  8:24 pm  Show Profile   Bookmark this reply Add bvalania to your friends list Get a Link to this Reply
It wouldn't fit in my wallet on the way home.

Of course it wasn't me! Lol

$300 is what I paid, at least it didn't go down in value. Probably not worth grading though because of the folds?
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/10/2021  9:18 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The only way to redeem some of the value equivalent to gold
is to sell the note, and use the proceeds to buy a gold coin or bullion for the same amount.

Instead, I would be much more inclined to just keep the note.
It's value will follow collector market values, not loose any more value due to inflation.
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jbuck's Avatar
United States
188213 Posts
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