Obsolete Paper Money Appraisal

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1928 Gold Certificate $50 Bill

This item is a 1928 Series United States Gold Certificate with a denomination of fifty dollars. The obverse prominently features a portrait of Ulysses S. Grant in the center-left oval. The central design includes the phrase "UNITED STATES OF AMERICA" and "IN GOLD COIN PAYABLE TO THE BEARER ON DEMAND". The key identifier for this type of currency is the golden-colored seal on the right side of the bill, which reads "GOLD CERTIFICATE". The serial number, "A01462798A", is printed twice, once in the upper right and once in the lower left quadrant of the bill, in a distinctive yellow-orange ink matching the seal. The denomination '50' is visible in numerical form in all four corners, with 'FIFTY' spelled out vertically to the right of Grant's portrait. The bill's color is a standard greenish-gray with visible signs of aging and wear, including creasing and some discoloration consistent with its age. It appears to be housed within a clear plastic protective sleeve, which, while beneficial for preservation, also introduces some glare in the image. There are no obvious tears or major repairs, but the overall condition suggests it has been circulated. The edges appear relatively intact. This note represents a specific period in U.S. monetary history when currency was directly backed by and redeemable for gold coins.

Estimated Value

$350-500

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