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Coin and Paper Money Collecting/Ten dollars in gold coin bill

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Question
Is this worn, 1922 series, K58344087 bill worth more than face value?  Please give a brief history of this bill.  Thank you.

Answer
Hi Shirley,

Yes, this note is worth more than face value.  It's worth between $50 and $500 depending on the exact condition.  Not much to say about the history of it but it did circulate from 1922 to the early 30's when gold was deemed illegal to own and the gold certificates were all redeemed.  Yours survived because someone didn't turn in their notes... lucky for you and collectors today.

Kind regards,

Greg
http://www.AntiqueBanknotes.com  

Coin and Paper Money Collecting

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Greg Davis

Expertise

US paper money is my hobby and passion.

Experience

Over 20 years collection, trading and dealing in US paper currency

Organizations
Society of Paper Money Collectors

Education/Credentials
Bachelors, business major

Past/Present Clients
Tens a week through my web site www.antiquebanknotes.com

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