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Gold Certificate

In the past, long before the notes with the green seal, in circulation today, were produced to allow the populace to perform transactions across America, there was a time when we used cash in the form of notes that carried terms such as Silver Certificate and Gold Certificate on them. The Gold Certificate was a legal tender note that began it’s emergence into the American economic fabric in the late 19th century.

Originally these Gold Certificate notes were used to transfer large quantities of money from bank to bank by way of the promissory notes. Eventually, the point of using the Gold Certificate was so the public could feel confident that the paper money they were carrying actually represented something similar to the coins they were carrying, which contained silver and gold; precious metals used for many centuries to purchase goods and services throughout the world.

It is stated quite clearly on the Gold Certificate large 50 dollar notes from the 1913 series, to use one example, that, “THIS CERTIFIES THAT THERE HAS BEEN DEPOSITED IN THE TREASURY OF THE UNITED STATES OF AMERICA FIFTY DOLLARS IN GOLD COIN PAYABLE TO THE BEARER ON DEMAND.” The many other types of the Gold Certificate, both large and small notes, and in all denominations, carrying the Gold Certificate label, provide some variation of this statement, thus giving the public an opportunity to redeem any of the paper notes, at any of the Treasury of the United States offices across the country, for real gold comparable to the amount of the Gold Certificate at the time of redemption.

The Gold Reserve Act of 1933 required that all citizens turn in any Gold Certificate in there possession as the “New Deal” administration of Franklin D. Roosevelt began the process of taking the United States off the gold standard. C. Douglas Dillon, the Secretary of the Treasury in 1964, finally removed any restrictions on these notes, making them legal to owned or be collected. These notes are now obsolete.

It is suggested that instead of using you old Gold Certificate to pay for gas, you bring it in to one of the numismatic and notaphilist experts at Nevada Coin & Jewelry, where we can examine it for a value more than just its face value. The average Gold Certificate will trade on the open collectible market for at least 10 percent above its face value and could be considerably more depending on condition and rarity. Currency collecting is considered the “hobby of kings” and at Nevada Coin & Jewelry, we have many experts on the subject.

So bring your Gold Certificate in to any of the Nevada Coin & Jewelry locations in the greater Las Vegas area and put our expertise to work for you today. Who knows?

Perhaps your Gold Certificate might just be a treasure!

2 LAS VEGAS

LOCATIONS

East Flamingo

Monday – Friday 8:30 am – 4:30 pm
Saturday 8:30 am – 2:30 pm
Sunday Closed

West Flamingo

Monday – Friday 9:30 am – 6:00 pm
Saturday 10:00 am – 4:00 pm
Sunday Closed

WHY CHOOSE US?

READ OUR REVIEWS

We were really pleased with the help that AJ gave us concering our gold coins and watches. I don’t think we could have received a better deal anywhere. All of the personnel at Nevada Coin & Jewelry were very professional. We will recommend them to our friends.

Dean & Judy

While vacationing in Las Vegas I did what a lot of people do I’m sure or at least that’s what I’m telling my wife ..I blew through the money I brought a little quicker than expected and I ended up having to shop my Rolex around to several dealers to save the trip. So I looked online for places, most offers over the phone were low and that’s if they would even quote me in the first place. I spoke to a guy at Nevada Coin and Jewelry who gave me a fair ball park price and a reasonable explanation as to why his number couldn’t be solid. Went down expecting to get the lower number and in fact Robert their Rolex expert said my Rolex was a better model then I had described. He paid me a higher number than he quoted. Thanks for saving my vacation guys.

Weldon O.

The staff are quick at work but not too quick to make you feel pressured into buying items or selling your items. They teach you about the items and tell you if they have use for your items or not. If they don’t have use for your items they call other places to see if they have a use for the items. Great staff!

Ramon

Outstanding experience! This is the best place to change your gold with a great attention. I’m completely impressive because they have a smooth and fast service, definitely nice people!

Pablo V.

Professional, friendly staff. Knowledgeable and fair. An interesting experience and would definitely visit again.

Gail B.

This place is definitely recommended!!! A.J. and David are amazing…very helpful and nice people at that! I would totally consider going to this place.

Bree D.

I brought them some gold pendants, rings and a few other pieces. I knew they weren’t worth that much but I needed the cash. The guys (and there are a lot of them) were really nice and not the least bit condescending. They know when you come in to sell there is a reason but they don’t make you feel bad or inadequate. The store is filled with interesting objects for sale and for show. A very nice and very fair place to buy and sell. I highly recommend them.

Linda P.

Wonderful experience, Nick and Laura made it seamless and stress free. Thank you! They also sell super cool items!!

A great selection of coins and other numismatic related material. Very professional.

Really cool cats over at Nevada Coin and Jewelry. You would’ve thought that I was “Madonna” the way those guys treated me. I was so mesmerized by all of the antiques, they have in there, I believe I was there for two hours, just looking, unbelieveable! When I went in I was so hot, they offered me a cold bottle of water, how cool is that? It felt like home to me. I wanted to get a price for some old jewelry that was passed down by grandma, I was well satisfied. When I left the shop, I was singing “Money, Money, Money.

Doris

This past Saturday I had the opportunity to meet the owner and team at Nevada Coin and Jewelry. I didn’t know what to expect but they made me feel both comfortable and safe. I went through my collection of jewelry, both broken pieces and things I thought were of no value at all. They took the time to explain what each carat weight was worth and they helped me sort through my items. I was amazed at what they gave me for things I would never wear or use. I would recommend you stop in and speak to them, you might be as pleasantly surprised as I was.

Suzanne P.

Staff was friendly, knowledgeable, and responsive. Building had great security to helped me feel safe in handling my items.