Over the past year, we have received several calls about the United States $100,000 Gold Certificate (banknote) with the portrait of U.S. President Woodrow Wilson, asking us to estimate the value of the piece, hoping that it will be worth millions and they can sell it and solve all their financial problems.
Well, we've got bad news ...... if that piece is real, you can be ARRESTED for owning it!
According to the Bureau of Engraving and Printing under the U.S. Treasury, this was indeed printed in the 1930s and ONLY used for transactions between the Federal Reserve Banks and its branches, it is NOT meant for general circulation at all. The size of the note is 157 mm x 66 mm or 6 3/16 in x 2 5/8 inches. There were only 42,000 pieces of these printed and ALL of them have been accounted for, it remains the property of the Government of United States.
As such it is ILLEGAL to own any of such pieces.
If you see any of these, they are either STOLEN PROPERTY or REPLICAS/COUNTERFEITS. Both of which can get you into serious trouble.
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| Fig. 1 : US $100,000 Gold Certificate, 1934 Series, Obverse |
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| Fig 2: US $100,000 Gold Certificate - Reverse |
We DO NOT buy or sell any of these, therefore please stop calling us about this piece.
Thank you & Happy Collecting, just don't collect the illegal stuff like this one!
Doesn't say anywhere on the note that it's illegal, more like "will pay the bearer on demand", etc.,etc...
ReplyDeleteDear D Hardy
ReplyDeleteThanks for your comment.
This is the link to the official US Treasury department's web page concerning this $!00,000 bill.
Note the last sentence on the page that says " This note cannot be legally held by currency note collectors."
https://www.moneyfactory.gov/100000goldcertificate.html
Hope this clarifies.