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1928 $50 Gold Certificate Note. Thoughts And Opinions Please.

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Author Previous TopicReplies: 15 / Views: 1,436Next Topic  
Pillar of the Community

Italy
1130 Posts
 Posted 11/01/2023  6:37 pm Show Profile   Bookmark this topic Add Roma2021 to your friends list Get a Link to this Message Number of Subscribers
Hello everyone,
(See better pics in reply)
I do not handle many (any?) collectible, ie non face value, notes in Rome. I've bought dollars for euro but haven't bought any notes of collectible interest.

Surprisingly, I see a fair number of obsolete notes (usually damaged and over priced) and $2 bills priced at €5-10; silver certificates at €5, etc. But this $50 gold note is for sale by a private collector.

I haven't handled this note.

Any thoughts would be appreciated.


1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.


1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.


1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.


1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.
Edited by Roma2021
11/01/2023 7:32 pm
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/01/2023  7:13 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Can you enlarge the straight-on front and back images? This would reqlly help.
Pillar of the Community
Italy
1130 Posts
 Posted 11/01/2023  7:26 pm  Show Profile   Bookmark this reply Add Roma2021 to your friends list Get a Link to this Reply
How's this?

It's the closest to 300kb I can get it haha


1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.


1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.

Edited by Roma2021
11/01/2023 7:41 pm
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hfjacinto's Avatar
United States
7276 Posts
 Posted 11/01/2023  7:41 pm  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
That's a nice expensive note. It's been pressed looking at the minimized folds. But it still has vibrant color. I would say VF 25, although I believe it's real something about Grant looks soft which could be a sign of counterfeit. I honestly don't own one (but would like to) so I'm basing my comments on the ones I've seen.

This note is expensive enough that I would buy it only after it's graded and confirmed genuine. At VF25 and a good price I would be happy to own this note.
Edited by hfjacinto
11/01/2023 7:44 pm
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Coinfrog's Avatar
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94367 Posts
 Posted 11/01/2023  7:55 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree, 4-fold lower VF-25, genuine.
Edited by Coinfrog
11/01/2023 7:57 pm
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HondoB's Avatar
United States
25134 Posts
 Posted 11/01/2023  7:58 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Roma, it looks good except that I'm not seeing the colored threads in the paper. This could be due to lighting or the photograph, but if you have it in hand you should see them.
1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.
Inordinately fascinated by bits of metal with strange markings and figures
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HondoB's Avatar
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25134 Posts
 Posted 11/01/2023  8:51 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Examine this 1928 $50 Gold Certificate at the highest resolution. It most certainly is printed on "paper" with security threads.
I just checked some of my notes from 1928, 1929, and 1935. All have colored threads woven into the fabric.
https://americanhistory.si.edu/coll...nmah_1839954

My 1928 Federal Reserve Note (redeemable in gold). Scanned, with light bleeding through to cause ghosting. Tell me again how small size notes do not have security threads, please.

1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.
1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.
1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.
1928-$50-Gold-Certificate-Note.-Thoughts-And-Opinions-Please.
Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB
11/01/2023 9:17 pm
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Coinfrog's Avatar
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 Posted 11/01/2023  9:49 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
These security threads are not typically visible to the eye on small notes, and certainly would not be in the scan of the $50 note in question. Do you question its authenticity?
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HondoB's Avatar
United States
25134 Posts
 Posted 11/01/2023  10:26 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Coinfrog, I see that you deleted your post stating that small sized notes do not have security threads.
But hfjacinto hasn't deleted his where he agreed with you:

Quote:
Yep, early small sized had no security threads.

I checked my uncirculated notes from 1928, 1929, and 1935 (12 in all). On every one the security threads are quite visible to the naked eye.
I then examined circulated examples from these years (20). Visibility of the threads decreases proportionally to the degree of wear on the notes. As such, they may not be obvious on the note Roma is contemplating.
Inordinately fascinated by bits of metal with strange markings and figures
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SteveInTampa's Avatar
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4637 Posts
 Posted 11/01/2023  11:05 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
This Fr.2404 should have security threads imbedded in the paper. As Hondo mentions, seeing the threads on a worn note can be challenging.
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United States
152 Posts
 Posted 11/02/2023  04:06 am  Show Profile   Bookmark this reply Add CoolBreeze to your friends list Get a Link to this Reply
If you zoom in on the front and back pictures you can see the threads. The note looks VF25
Pillar of the Community
Italy
1130 Posts
 Posted 11/02/2023  05:11 am  Show Profile   Bookmark this reply Add Roma2021 to your friends list Get a Link to this Reply
Thank you everyone.

The seller is asking €600. I may make an offer, but I feel a little out of my depth on this one and will wait to hear more from forum members.

It feels like the type of item that needs graded. Is that feeling leaning toward correct?
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hfjacinto's Avatar
United States
7276 Posts
 Posted 11/02/2023  07:21 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
I misrepresented what I was going to say and didn't edit my post. I went back and checked my early notes and on circulated notes the security threads are barely visible. So there are security threads but they would be barely visible on this note. On a picture they become impossible to see. So the security threads would be hard to impossible to see on this note.
Edited by hfjacinto
11/02/2023 07:25 am
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hfjacinto's Avatar
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 Posted 11/02/2023  07:23 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
€600 is a fair price but like I said it's not a cheap note. I would feel better if it's graded.
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jbuck's Avatar
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IndianGoldEagle's Avatar
United States
36741 Posts
 Posted 11/05/2023  5:57 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Nice collectable note.
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