Value: 1928 $100 Gold Certificate value $1,000 in Extremely Fine condition. Star notes value $12,000 in Extremely Fine condition.
Remember, value depends on condition. Notes without stars aren’t too rare. Some 1,100+ have sold publicly. Star notes are a different matter. Some 12 notes are available to the collecting community. Even a beat up star note would get collector interest.
Explain 1928 $100 Gold Certificate Value
Paper Money of the United States indicates the government issued 3,240,000 notes. It printed far fewer star notes. Each note has Woods-Mellon signatures.
You’ll notice the inscription “One Hundred Dollars in Gold Payable to the Bearer on Demand”. Bearers expected specie payments in gold coin.
Only $100 notes printed for the 1928 series circulated publicly. Notes from the series of 1934 never circulated.
Eventually, these notes became obsolete with the passage of 1933 Gold Reserve Act. Anyone possessing these notes was expected to surrender them.
Secretary of the Treasury C. Douglas Dillon legalized both possession and collection of these Gold Certificates on April 24, 1964. Today, they are popular and desirable numismatic collectibles.
United States Gold Certificates History
United States Gold Certificates History.