$10 1928 Gold Certificate

Fr. 2400 $10 1928 Gold Certificate. PCGS About New 50PPQ. A beautiful example of this very popular Gold Certificate with great borders and bold color.

A gold certificate in general is a certificate of ownership that gold owners hold instead of storing the actual gold. It has both a historic meaning as a U.S. paper currency (1863–1933) and a current meaning as a way to invest in gold. The ten dollar gold certificate was only issued for three years, 1907, 1922, and 1928. 

 Under the Series of 1928, all U.S. currency was changed to its current size. All variations of the $10 bill would carry the same portrait of Alexander Hamilton, same border design on the obverse, and the same reverse with a vignette of the U.S. Treasury building. The $10 bill was issued as a Federal Reserve Note with a green seal and serial numbers and as a gold certificate with a golden seal and serial numbers. The car parked outside of the Treasury Department building is based on a number of different cars manufactured at the time and was the creation of the Bureau designer who developed the artwork that served as a model for the engraving, because government agencies were prohibited from endorsing any specific manufacturer or product, according to a bureau of engraving and printing pamphlet. The tiny building to the right rear of the treasury building is the American Security and Trust Company Building, which for some years advertised itself as "right on the money".


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