$10 1922 GOLD CERTIFICATE ALWAYS A POPULAR NOTE

Lot Number:1U
Completed
Start Time:7/5/2024 4:00:00 AM
End Time:7/21/2024 10:13:14 PM
Bid Count:25
Winning Bidder:C****l
Starting Bid:$1.00
Bid Increment:$6.50
Current Bid:$193.00
Bidding complete

The 1922 $10 Gold Certificate is a collectible piece of history, but it no longer holds its face value in gold. Here's what you need to know:

History and Use:

  • Minted from 1907 to 1933, these certificates were backed by gold held by the U.S. Treasury. Essentially, you could exchange the certificate for its equivalent weight in gold.
  • The Gold Standard ended in 1933, and private ownership of gold became illegal. As a result, these certificates are no longer redeemable for gold.

Current Value:

The value of your 1922 $10 Gold Certificate depends on its condition:

  • Circulated Condition: A well-worn certificate might be worth around $20 to $100 depending on wear and tear.
  • Uncirculated Condition: The value increases significantly for certificates in pristine, uncirculated condition:
    • Grades like Very Fine (VF) or Extremely Fine (XF) can range from $150 to $400+
    • Uncirculated (MS) grades can reach $1,000 or more, with prices increasing for higher grades (MS66, MS67)

Factors Affecting Value:

  • Grade: As mentioned above, the condition of the certificate is a major factor. Professional grading services like PCGS or PMG assign grades based on a defined scale.
  • Serial Number and Signatures: Distinctive serial numbers or rare signature combinations can add a premium to the value.
  • Overall Eye Appeal: Collectors may value certificates with crisp printing, vibrant colors, and minimal handling marks.

Resources:

  • Professional Coin Grading Service (PCGS): [PCGS CoinFacts] (https://www.pcgs.com/coinfacts)
  • Paper Money Grading (PMG): PMG
  • eBay Listings (for reference): While not an official valuation source, eBay listings of similar certificates can give you an idea of current market prices: [eBay 1922 $10 Gold Certificate]

Recommendation:

If you're unsure about the condition of your 1922 $10 Gold Certificate, consider getting it professionally graded by a service like PCGS or PMG. This will not only determine its value but also authenticate the certificate.

No donations for this lot

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Michigan
United States