United States Gold Certificates have always been highly regarded, as they are tied to gold, one of the most precious elements known. This 1906 Series $20 design features radiant gold overprints on the XX counter at left, the serial numbers and the small scalloped Treasury seal at right. The back design continues this color connection with brilliant orange highlighting the intricate styling, including the Great Seal located at center. These Gold Certificates are among the notes most susceptible to circulation, a fact that makes Gem offerings such as this all the more important. There is no fading or other distractions anywhere on the bill. Large even borders support the lofty Gem grade assigned by PCGS currency. A look at that firm’s population reports confirms that this piece is one of just four at the 66 PPQ level with none finer. Dave Bowers comments concerning Gold Certificates in general: Until Amon G. Carter, Jr. persuaded Congress to change the law, the holding of Gold Certificates was illegal. Collectors could not collect them and dealers could not deal in them. I remember in the 1950s and 1960s it was very common for collectors to pay their bills in Gold Certificates at face value, denominations ranging up to $100. These had been acquired from bank tellers and others, held at face value, but could not be offered in commerce. We received thousands of dollars face value totally, and dutifully turned them in to banks! Today Gold Certificates are completely legal to own. Regulations on various things do indeed change from time to time. Consider, for example, a current regulation providing that the 1933 $20, a coin that was openly bought, sold and traded until 1944, cannot be held legally. That onus was recently on the 1974 Aluminum Lincoln cent, until a court decision said they could be openly bought and sold. ， Est. $7000-$9000
