Originally posted by AugustusMasonicus

Originally posted by Bilk22
I don't own one, but just look it up on Wiki. They are no longer illegal to own. However I do not know about the red notes, but people collect gold certificates and they are not illegal to have in your possession.

Since you obviously missed it: ALL 1934 series gold certificates (the orange-colored notes) in large denominations ($500, $1,000, $5,000, $10,000 and $100,000) are illegal to own. They never have been, nor or they now legal to own. The only bills that are legal to own are treasury notes which are not orange. If you have evidence to the contrary (sales, collectors, auctions, literature) please post them. You will not find them in currency guides with any trade value indicated as they are not available.

The United States Treasury website makes this point very clear.

Well someone has them. There's pics of them all over the internet. Are you saying all those people have printing presses? Or is it maybe something else?

Originally posted by Bilk22
Well someone has them. There's pics of them all over the internet. Are you saying all those people have printing presses? Or is it maybe something else?

They are fakes. Look at a copy of ANY United States paper currency guide. Inside you will find ZERO entries for 1934 series gold certificates. Ask yourself why this is? Because they are all hidden in the Phillipines or maybe that there are none in private collectors hands? Which makes more sense?

No private citizen possesses a 1934 large denomination gold certificate, they were and still are illegal to own, sell or buy. If you still think this is not correct (and have no desire to look at a currency guide) then maybe you can tell us, via a recorded auction, what any of these have sold for previously. Here is a clue, there are none.

Originally posted by AugustusMasonicus

Originally posted by Bilk22
Well someone has them. There's pics of them all over the internet. Are you saying all those people have printing presses? Or is it maybe something else?

They are fakes. Look at a copy of ANY United States paper currency guide. Inside you will find ZERO entries for 1934 series gold certificates. Ask yourself why this is? Because they are all hidden in the Phillipines or maybe that there are none in private collectors hands? Which makes more sense?

No private citizen possesses a 1934 large denomination gold certificate, they were and still are illegal to own, sell or buy. If you still think this is not correct (and have no desire to look at a currency guide) then maybe you can tell us, via a recorded auction, what any of these have sold for previously. Here is a clue, there are none.

Wait...but the premise of this is that the box was obtained from a person who might have the ability to, in 1934, handle these notes. A high ranking banker type. It would be the same type of person to possess a "Bluebook" copy.

Of course, this doesn't lend credibility to the claims, unless it can be proven that the notes are, in fact, not counterfeit. This also wouldn't mean that the notes came into the original owners possession legally. And I would posit that were a stack of these notes to become missing in the past, it wouldn't have been widely advertised. Every budget has line items for things like cash mistakes, bad debt, gratis, etc, etc.

Originally posted by bigfatfurrytexan
Wait...but the premise of this is that the box was obtained from a person who might have the ability to, in 1934, handle these notes. A high ranking banker type. It would be the same type of person to possess a "Bluebook" copy.

The $100,000 gold certificates were only used by the Federal Reserve Banks themselves for internal transactions, not private banks nor 'high ranking banker types'. If they were genuine whoever had them would be subject to seisure and forfeiture and possibly prosecution as they are considered government property and not legal for private citizens to own. You can tell they are a forgery just from the photo because the cash band has J.P. Morgan Bank emblazoned on it.

42,000 x $100,000= $4,200,000,000.

quoted from; AugustusMasonicus

ALL 1934 series gold certificates (the orange-colored notes) in large denominations ($500, $1,000, $5,000, $10,000 and $100,000) are illegal to own.

We had 4.2 billion for all the world banks to trade between each other, in 1934?

Remember when a hotdog and soda were had for a nickel?

4.2 is the answer to the universe. in the right coupling, it all becomes infinite- figure-eightively!

Crap!
I see my error but am still going to let it ride...for a nickel.

Originally posted by loveguy
We had 4.2 billion for all the world banks to trade between each other, in 1934?

No, just the twelve Federal Reserve Banks. It really is not that much considering it was supposed to be used to buy back all the gold from the Federal Reserve and transfer it to the Treasury.

Originally posted by Komodo
hmmmmmm.....

and you're saying the Fed isn't a private bank ??

I am saying that the gold certificates were only distributed to the Federal Reserve. Feel free to play semantics games all you want as you knew what I meant.

Originally posted by Komodo
right... it's not about the $$$$$$$ ... it's about the men/people who are in the book.. the $$$$ is a side point.. isn't.

To me if they are stupid enough to try and hoax $100,000 gold certificates which were never circulated then what else was fabricated.

Originally posted by AugustusMasonicus
To me if they are stupid enough to try and hoax $100,000 gold certificates which were never circulated then what else was fabricated.

I agree. If the money is a hoax, that discredits the rest of the "story".

Just wanted to thank you for posting this thread it really provoked and stimulated my mind...I have been off brushing up on some much needed history studying...4 straight hours...whew!!! But I'll leave all the debates to the men...well done and goodnight...