Series of 1922 $50 Gold Certificate Large S/N Fr#1200 PMG VF25

Product Description

A Series of 1922 $50 Large Size Gold Certificate Large Serial Number Fr#1200 Speelman/White graded Very Fine 25 (VF-25) by PMG with an annotation for minor rust. This note displays visible creases/folds, slight browning and fairly even margins. Please view our photos for additional information and ask any questions prior to purchase.

The gold certificate was a form of paper currency issued by the United States government from 1863 - 1933 and was redeemable for physical gold coinage. Each note gave the holder title to its corresponding amount of gold. However, during the gold recall of 1933 it became illegal to own a gold certificate and would remain so until 1964 when the government lifted the ban to allow collectors own examples for their intrinsic value.