The first Gold Certificates, which were literally "as good as gold," were authorized in 1863 but not printed until 1865. Their use at the time was exclusively for transactions between banks; a general-circulation Gold Certificate came along in 1882.
As works of engraved art, Gold Certificates are right up there with their Silver Certificate cousins—some would say they are even more beautiful. Some of the most striking characteristics about the pre-1928 notes are their golden highlights on the front and fully golden backs.
In 1933, the Gold Reserve Act was passed, causing the Federal Reserve to transfer its stash of gold bullion and Gold Certificates to the U.S. Treasury. It also made it illegal fo...
It took just over three decades until it was once again legal for U.S. citizens to own a Gold Certificate, which, not coincidentally, is when there was a resurgence of interest in this storied collectible.
Interviews & Articles
I started collecting when I was about 10 years old. My father was in the Air Force, so he got me started collecting everything—coi… [more]
The double eagle is really a result of the California Gold Rush. Prior to the California Gold Rush, the biggest gold discoveries w… [more]
When I was 8 years old I had a friend named Jimmy Hood. His father was in the army, and he had been on the staff with General MacA… [more]
Call it beginner's luck, but a four-year-old kid found a 16th-century gold pendant the other day. It was his first time using a me… [more]