This is a 1922 Michael Hillegas $10 Gold Certificate.
$550
Ships for $4.49
Last updated 25 days ago in Fall River, MA
Condition: Used (normal wear)
Listed in categories: Collectibles & Art - Collectibles - Coins & Money
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Composition
Paper
Grade
Ungraded
Certification
Uncertified
Description
The 1922 $10 Gold Certificate is a piece of American currency history, representing a time when paper money was directly redeemable for gold. These certificates were part of a series authorized by the U.S. Treasury, ensuring citizens could exchange them for their equivalent value in gold coin. The note features a portrait of Michael Hillegas, the first Treasurer of the United States, adding to its historical significance. Gold Certificates like this one were in circulation until 1933 when President Franklin D. Roosevelt recalled all gold and gold certificates in an effort to stabilize the economy during the Great Depression. Today, these notes are highly sought after by collectors due to their historical context, intrinsic gold value promise, and relative scarcity. The signatures of the Treasurer and Register of the Treasury, along with the unique serial number, further enhance their collectibility.
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