Collecting Paper Money - Littleton Coin Company

guide to u.s. paper money small size notes
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Small-Size Gold Certificates
1929-1933
Gold Certificates were backed by an equivalent amount of gold deposited into
the U.S. Treasury that was payable to the bearer upon demand for the note’s
face value. With Roosevelt’s Gold Reserve Act of 1933, all Gold Certificates
became obsolete. These popular collectibles are genuine reminders of the
days when U.S. paper currency was “as good as gold!”
$20 Gold Certificate Series 1928
A portrait of Andrew Jackson is on the face of this note, with a view of the
White House on the back. Along with being reduced in size in 1929 (as were
all other notes), Gold Certificates lost their distinguishing gold-colored back
design when the notes became standardized. However, their Treasury seal
and serial numbers continued to be printed in gold ink. The note shown is
a $20 Gold Certificate from Series 1928.
$10 Gold Certificate
A portrait of Alexander Hamilton, America’s first Secretary of the Treasury, is
featured on the face, and a view of the U.S. Treasury Building in Washington,
D.C. is engraved on the back. Like the other small-size Gold Certificates, the
Treasury seals and the serial numbers are printed in gold. The note shown is
a $10 Gold Certificate from Series 1928.
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Did you know…
Of the total of approximately $390 billion in U.S. paper money
that currently exists, more than two-thirds of it ($260 billion)
is circulating overseas in other countries.
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