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Spot Price of Gold Affect US Gold Certificate Notes' values?

synchrsynchr Posts: 1,373 ✭✭✭✭
edited May 31, 2020 9:05AM in U.S. & World Currency Forum

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?


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    Steve_in_TampaSteve_in_Tampa Posts: 1,819 ✭✭✭✭✭

    GCs are not tied to Gold prices.

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    synchrsynchr Posts: 1,373 ✭✭✭✭

    But does the attention to watching Gold prices give Gold Certs more exposure to new buyers?

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    I don't think so, it's like comparing apples and oranges. JMHO !!! :)

    Timbuk3
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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    Nice notes!

    My YouTube Channel

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    johnny9434johnny9434 Posts: 27,503 ✭✭✭✭✭

    I like the grades on your notes. Wtg

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    2ndCharter2ndCharter Posts: 1,641 ✭✭✭✭✭

    But does the attention to watching Gold prices give Gold Certs more exposure to new buyers?

    Doubtful.

    Member ANA, SPMC, SCNA, FUN, CONECA

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    SaorAlbaSaorAlba Posts: 7,476 ✭✭✭✭✭

    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.

    In memory of my kitty Seryozha 14.2.1996 ~ 13.9.2016 and Shadow 3.4.2015 - 16.4.21
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    AlexinPAAlexinPA Posts: 1,458 ✭✭✭✭✭

    No.

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    JimnightJimnight Posts: 10,812 ✭✭✭✭✭

    No. You have nice notes

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