Spot Price of Gold Affect US Gold Certificate Notes' values?
synchr
Posts: 1,404 ✭✭✭✭
The Spot price of gold is rising,
https://www.pcgs.com/prices/bullionfinancial
Should 1928 Gold Certificates be appreciating too or is the bulk of their value in collectability and not spot?
1
Comments
GCs are not tied to Gold prices.
But does the attention to watching Gold prices give Gold Certs more exposure to new buyers?
I don't think so, it's like comparing apples and oranges. JMHO !!!
Nice notes!
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I like the grades on your notes. Wtg
But does the attention to watching Gold prices give Gold Certs more exposure to new buyers?
Doubtful.
Member ANA, SPMC, SCNA, FUN, CONECA
Other than that they have "gold" on them and the Treasury lied that they were payable in gold indefinitely gold has no bearing on these notes. It was Voltaire who said, all paper money eventually returns to it's real value - zero.
No.
No. You have nice notes