This note is in nice circulated condition VF (Light Stamp on Back)
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About Gold Certificates
When the U.S. dollar was tied to the gold standard, gold certificates were worth their face value in U.S. dollars and could be used as legal tender. Gold certificates are still issued to investors as proof of ownership of gold stored by a bank. The U.S. abandoned the gold standard in 1933. Gold certificates issued by the U.S. Mint are now collectors' items. A gold certificate can be purchased on collectible websites and price is depending on its age, rarity, and condition. Gold certificates represent ownership of a quantity of gold, similar to the way that stock certificates represent an ownership share in a company. In the U.S., from about 1879 until they were phased out, the certificates were identical in value to the same denomination in U.S. currency.
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