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Old Gold Certifcate

Posted on 7/12/25 at 2:46 pm
Posted by LBro337
Lousiana
Member since Jan 2019
368 posts
Posted on 7/12/25 at 2:46 pm
Cleaning out an old filing cabinet of my grandfathers and I’ve found quite a few of these $20 gold coin certificates. Anyone know if there’s any value to these?
Posted by ronricks
Member since Mar 2021
10783 posts
Posted on 7/12/25 at 2:58 pm to
Grandfather had some of those as well. We could only cash them out for cash equivalent.
Posted by I Love Bama
Alabama
Member since Nov 2007
38420 posts
Posted on 7/12/25 at 3:00 pm to
this is so damn cool
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4396 posts
Posted on 7/12/25 at 3:03 pm to
WTF, he’s has 1882 gold certs in a cheap acidic plastic page holder? That makes me irrationally angry.

Posted by LBro337
Lousiana
Member since Jan 2019
368 posts
Posted on 7/12/25 at 3:03 pm to
There are close to 50 of them in a security box, all of various demonization. Very neat!
Posted by I Love Bama
Alabama
Member since Nov 2007
38420 posts
Posted on 7/12/25 at 3:05 pm to
per chatgpt

Yes — this $20 Gold Certificate from the Series of 1882 does have collectible value, possibly well above face value, depending on several factors.

Key Details:
• Type: U.S. Gold Certificate
• Denomination: $20
• Series: Likely 1882 (based on design and portrait)
• Portrait: James A. Garfield (20th President)
• Serial Number: C11008580?
• “Payable to the bearer on demand” in gold coin — meaning it was once redeemable for gold.

Value Range:

As of current market conditions:
• Heavily circulated (like yours): ~$200 to $600
• Crisp, lightly circulated: $800 to $2,000+
• Uncirculated examples: $4,000 to $10,000+

Your note appears well-worn and likely graded “Fine” or “Very Fine” at best, which puts it in the $300–$600 range, assuming it’s genuine and not a replica.

Tips for Accurate Valuation:
1. Authentication: Have it appraised or authenticated by a professional currency dealer or grading service (e.g., PMG or PCGS Currency).
2. Condition matters: Stains, creases, edge wear, and tears significantly reduce value.
3. Serial number and seal type: Can slightly influence rarity and collector demand.
Posted by LBro337
Lousiana
Member since Jan 2019
368 posts
Posted on 7/12/25 at 3:06 pm to
Thank you for that. I didn’t even think of using ChatGpt! I looked on Google but couldn’t find much info.
Posted by LSURussian
Member since Feb 2005
133404 posts
Posted on 7/12/25 at 3:22 pm to
I don't know if those are valuable or not but I'll tell you what I'm willing to do to help you out. I'll give you $30 for each one you're wanting to get rid of.

You don't have to thank me. Public service is my life...
This post was edited on 7/12/25 at 3:29 pm
Posted by dstone12
Texan
Member since Jan 2007
38248 posts
Posted on 7/12/25 at 4:11 pm to
quote:

demonization
only to the fed.
Posted by deltaland
Member since Mar 2011
99894 posts
Posted on 7/12/25 at 5:07 pm to
quote:

$20 gold coin certificates.



quote:

Anyone know if there’s any value to these?



quote:

$20
Posted by deltaland
Member since Mar 2011
99894 posts
Posted on 7/12/25 at 5:10 pm to
Funny enough 20 dollars in 1882 is about 630 dollars today.


So basically a worn circulated one has simply kept its original value adjusting for inflation
Posted by LP2OP
Member since May 2025
32 posts
Posted on 7/12/25 at 7:55 pm to
I’ll get in a bidding war with you for a while. Lol. I love old US Paper Currency.
Posted by LP2OP
Member since May 2025
32 posts
Posted on 7/12/25 at 7:59 pm to
What a treasure!! That’s awesome to find just one of those, especially in family things. Congrats!

Like lsuconnman said, I am also disappointed they aren’t stored better, but you now have a chance to fix that.
Posted by LBro337
Lousiana
Member since Jan 2019
368 posts
Posted on 7/12/25 at 9:58 pm to
They were in a security box and all seem to be in fairly decent shape.
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