Fr # | 1173 |
Year | 1922 |
Denomination | $10.00 |
Series | Gold Certificate |
Serial # | K31046258 |
Grade | PMG 40 Exceptional Paper Quality |
Comments | Exceptional Paper Quality |
PMG # | 2307401-005 |
PMC Category | Gold |
Estimated Value | $799.00 |
The 1922 $10 Gold Certificate, often called the "Hillegas Note," is a large-size gold certificate issued by the U.S. Treasury and was the lowest denomination in the 1922 gold certificate series, originally redeemable in gold coin. Authorized on March 3, 1863, and first issued in 1865, Gold Certificates were originally used to settle gold accounts between banks and financial institutions. Despite nine issues, only four circulated publicly. These certificates, with their distinctive gold and orange backs, were issued in denominations ranging from $10 to $10,000, with a $100,000 note issued in 1934 exclusively for Federal Reserve Banks.