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$20 1928 Gold Certificate

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Deltron's Avatar
United States
508 Posts
 Posted 08/07/2010  8:32 pm Show Profile   Bookmark this topic Add Deltron to your friends list Get a Link to this Message Number of Subscribers
I have no idea what this thing is worth. It is a bit worn, but I'm still curious of it's value.



$20-1928-Gold-Certificate

$20-1928-Gold-Certificate
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afclassic87's Avatar
United States
564 Posts
 Posted 08/07/2010  9:05 pm  Show Profile   Bookmark this reply Add afclassic87 to your friends list Get a Link to this Reply
its worth about $90.00.
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Deltron's Avatar
United States
508 Posts
 Posted 08/07/2010  11:57 pm  Show Profile   Bookmark this reply Add Deltron to your friends list Get a Link to this Reply
Wow, had no idea it would hold that kind of monetary value. Interesting.. I don't collect paper money really so I might think of cashing this one in.
Rest in Peace
pyrbob's Avatar
United States
1943 Posts
 Posted 08/08/2010  03:59 am  Show Profile   Bookmark this reply Add pyrbob to your friends list Get a Link to this Reply
This is not a gold certificate. It is a federal reserve note. Make sure you keep that in mind when checking the value.
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3660 Posts
 Posted 08/08/2010  09:26 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:
Wow, had no idea it would hold that kind of monetary value.


Realistically, it doesn't.....Not even close.

Let me tell you un-sugar coated truth about these small size green seal Federal Reserve Notes:

First of all, condition is everything. Even if yours was in uncirculated condition, it would still be unrealistic to think that you might get $90 for it.

If your note was a circulated STAR note, look for a price like this:

http://cgi.ebay.com/1928-20-FRN-Low...aultDomain_0

Next, these notes were printed in varying quantities for each of the Federal Reserve Banks.

#7 (Chicago) was printed in numbers higher than for all other banks with the exception of #2 (New York). It is by no means rare.

http://cgi.ebay.com/5-1928-20-00-FE...aultDomain_0


Just so you might avoid disappointment at the coin shop, or save yourself some money on listing fees, here are some examples of what a note like yours is actually worth:

http://cgi.ebay.com/1928-20-FRN-fr-...aultDomain_0

http://cgi.ebay.com/1928-20-DOLLAR-...aultDomain_0

In my opinion, based on all pictures involved, your note does not really measure up to these two, so you might adjust your value to somewhere in the $30-$35 range. You never know though, suckers are around every corner, and you might sell it for $100, but it isn't very likely.

All of that may have sounded rather harsh, sorry, but I will always throw sugar and tact overboard to make room for truth.

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Deltron's Avatar
United States
508 Posts
 Posted 08/08/2010  12:22 pm  Show Profile   Bookmark this reply Add Deltron to your friends list Get a Link to this Reply
zeewool - Thank you for the information. I had guessed that AF's guess was a highball and am not surprised to find out it's worth less. I appreciate you sharing your knowledge. Now I at least know realistically what I can get for it. Paper money ain't my thing. Although I would have liked to get a nice Morgan or two for it. heheh
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3660 Posts
 Posted 08/08/2010  12:41 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
That is entirely possible. Some nice Morgans can be found in that price range, (if you are in the right place at the right time). Just keep your eyes open, and be vigilant.
New Member
silver general's Avatar
United States
1 Posts
 Posted 10/11/2010  12:40 pm  Show Profile   Bookmark this reply Add silver general to your friends list Get a Link to this Reply
I read your topic and was wondering if you heard anything about a similar $20 bill with the serial no. starting with D
Pillar of the Community
3660 Posts
 Posted 10/11/2010  1:09 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Yes General, if it looks like this one, it is equally as common if not more so.

http://cgi.ebay.com/1928-20-FRN-NUM...em19c01a8cca
Valued Member
United States
176 Posts
 Posted 10/12/2010  10:41 am  Show Profile   Bookmark this reply Add iamkayelem to your friends list Get a Link to this Reply
zee is always a downer.

IMO, yes 90 is highball, but 30 is lowball.
ebay shouldn't be used exclusively as a guide, because many people are still skeptical about ebay. private auctions are the way to go.

and yes, it is NOT a gold certificate, though back in the day it was "redeemable in gold" as the clause states on the upper left.
Pillar of the Community
3660 Posts
 Posted 10/12/2010  10:57 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:
zee is always a downer.


zee never saw much value in sugar coating things to get people's hopes up.

zee calls them as she sees them.

zee won't be a downer any longer.
Edited by zeewool
10/12/2010 10:58 am
Valued Member
andrewjconners's Avatar
United States
497 Posts
 Posted 10/13/2010  9:59 pm  Show Profile   Bookmark this reply Add andrewjconners to your friends list Get a Link to this Reply
80-90. Nice bill though
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Morgans Dad's Avatar
United States
5603 Posts
 Posted 11/06/2010  12:06 am  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
Zee, Also has more knowledge than most here, that is to say, She does not need me to speak for her, she can do very well all by her self, just thought I would apprise those of you who do not know much about this hobby, SHE does..........Always there to assist and share her knowledge for others. A person I would like to have on my team any day!!!
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