Small Size Gold Certificates $50

Small Size Notes-1928 to Present

After 68 years of prosperity, our large size currency felt the impact of modern times. So the large size US curency note came to an end due to the economics of the times. Tons of ink and paper were required to produce our currency to an ever expanding economy. The currency needed to fulfill this new demand was astronomical. The government realized that many millions of dollars could be saved if our currency was reduced in size. This was the direction the US Government took as on July 10, 1929 the first of the new small sized notes were placed into general circulation.

The new small sized notes were reduced in size from 7.42 inches by 3.13 inches to 6.14 inches ,X 2.61 inches. This cost cutting measures saved the government millions of dollars in ink and paper annually.

Small Size-Gold Certificates

All of the 1928 small-size gold certificates are now obsolete due to the Gold Reserve Act of 1933 that required all gold certificates, large and small size to be surrendered to the Treasury Department. This was because of the Gold Clause that stipulated that these gold certificates could be redeemed in gold. This was done to prevent the run of gold on the US Treasury Department. The Gold Act of 1933 was appealed in 1964 which removed all restrictions from owning or holding these notes. However they are no longer redeemable in gold only.

  • The $10, $20, $50, $100, $500 and $1,000 gold certificates ,were all ,issues of 1928 and had a gold seal. The $100 and $1,000 gold certificates were also printed in 1934 but never issued or released.
  • A 1928 $5,000 and a 1928 and 1934 $10,000 gold certificate was printed and used exclusive for transactions between the Federal Reserve Bank and the Treasury Department. Since the $5,000 and $10,000 gold certificates were never release to the public they are illegal to own.

Unlike the large size gold certificates the small size gold certificates are printed in green on the back or reverse of the note. Small size gold certificates are considered much scarcer than the large size gold certificates.

Home - Currency Home - Coins Home - About Us - Account Log-In - FAQs - Want Lists - News/Blogs - Currency Census - Terms & Conditions





Search in Titles
Search in Descriptions
Search by FR #

 













Need to contact us quickly? Send us an email by Clicking Here.

Click Here to view all of the currency that we've sold since the website was launched in January 2010.

Grading Currency

Frequently Asked Q's


-1929 FRBN Star Notes
-$500 / $1,000 Star Notes
-$5,000 / $10,000 Notes

Currency Supplies



 Buy Silver
 Buy Gold
 Buy Platinum
 Buy Nuggets

If you want to chat with other collectors and dealers, visit the Collectors Universe Currency Forum

The Bureau of Engraving and Printing's (BEP) takes you to the official government site of the BEP for some interesting information and facts on all of our US currency.

US Papermoney will take you to a site that is full of information on everything you ever wanted to know about our US currency. Almost everything anyway. Very cool site!

The American Numismatics Association (ANA) is a professional organization for those who want to further learn about US coins and currency.

PMG and PCGS are the only two TRUE independent currency-grading services available. I highly recommend these two companies for those of you who want to get their currency certified and graded for insurance purposes or simply, a peace of mind.

Sort By: Highest Price - Lowest Price - Newest Listed - Oldest Listed - Most Views - Least Views

5 Notes Found (Exclude Star Notes)

Page: 1

Fr.-2404* 1928 $50 GCStar (3rd Finest Known)Ser. *00030769A PCGS EF-40
SALE!
$14,500
6% Off
POP3/2 finer by PMG and PCGS. This is one of those notes that you never see or hear about. These rare types of gold certificate star notes rarely make it to any major auction house or eBay because the...
Added: 3/25/2012 Views: 4653 Price: $15,500.00

(SOLD)

Fr.-2404 1928 $50 Gold Certificate Ser. A2397534A PCGS 65 PPQ
SALE!
$5,850
16% Off
This 1928 $50 Gold Certificate is one of the nicest ones I have owned for a long time. The serial number is A02397534A and it resides in a GEM PCGS-65EPQ holder.

Check out the large scans and yo...

Added: 11/7/2014 Views: 4673 Price: $6,950.00

Fr.-2404 1928 $50 Gold Certificate Ser. A02984211A PMG-64EPQ
Fr.-2404 This is a very nice example of the 1928 $50 Gold Certificate in a PMG-64PPQ holder. Of all the 1928 gold certificates, the $50 denomination is the hardest to acquire in uncirculated condition. The $10 and $20 gold certificates are more common ...
Added: 3/18/2018 Views: 4651 Price: $3,950.00

Fr.-2404 1928 $50 Gold Certificate Ser. A03126634A PMG-64
For more information on this note please contact Jhon E Cash at 214-769-9936 or cybuski@verizon.net or

Kimberly at 214-364-4917 or K.modrall@aol.com...

Added: 4/7/2018 Views: 4651 Price: $3,850.00

Fr.-2404 1928 $50 Gold Certificate Ser. A0243260A PCGS-55
For more information on this note please contact Jhon E Cash at 214-769-9936 or cybuski@verizon.net or

Kimberly at 214-364-4917 or K.modrall@aol.com...

Added: 4/7/2018 Views: 4651 Price: $1,950.00

5 Notes Found

Page: 1

Homepage - Currency Home - Coins Home - Your Account - Shopping Cart - Research - Show Reports & Blogs - Currency Census - Site Map



Visits Since March 15th 2010:
There are currently visitors browsing www.jhonecash.com.
View Site Statistics