"America was established not to create wealth but to realize a vision, to realize an ideal - to discover and maintain liberty among men."
President Woodrow Wilson, creator of the Federal Reserve.
Gold Certificates were colorful banknotes that represented ownership of the corresponding amount of gold coins. With the reverse printed in a brilliant golden orange and an obverse that typically featured the portrait of a significant American, most often a U.S. President, gold certificates were among the most attractive of all paper currency. During the Great Depression, thegovernment officially ended the practice of redeeming Gold Certificates for gold coins. It actually became illegal to possess the notes so nearly all circulating
gold certificates were turned over to the U.S. government to be destroyed. With so few specimens of gold certificates remaining today, these important historic pieces of paper currency are highly coveted by collectors and command high prices, especially in hard-to-find, pristine conditions.
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