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Sat, Aug 1, 2026 01:00PM EDT
  2026-08-01 13:00:00 2026-08-01 13:00:00 America/New_York Reserve Stock Jewelers & Auctions Reserve Stock Jewelers & Auctions : Coins , Currency , Gold , GIA Designer Jewelry & More https://bid.reservestockjewelers.com/auctions/reserve-stock-jewelers-auctions/coins-currency-gold-gia-designer-jewelry-more-24174
Many of our jewelry lots are in Brand New in Unworn Condition. Many are set with Natural Earth Minded Diamonds and Natural Earth Mined Gemstones. Our Jewelry is made of solid gold in *10KT, *14KT and *18KT or Platinum. Most of our Watches are Brand New or in Excellent pre-owned condition. All Lots Have A Reserve Price. If Reserve is not met the lot will be passed to another auction. Please read full descriptions for all lot details. ** All Bidders Must have a Credit Card on File to be approved to bid**. Any Bidders with *Red Flags* Will Not Be Allowed to attend any of our Auctions.
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Lot 5

1906 $20 Bill Gold Certificate VF Condition

Estimate: $1,785 - $2,356
Starting Bid
$100

Bid Increments

Price Bid Increment
$10 $10
$50 $25
$125 $75
$350 $100
$650 $125
$1,025 $200
$1,625 $325
$9,750 $1,000
$13,750 $2,500
$26,250 $3,750
$37,500 $5,000
$57,500 $7,500
$102,500 $10,500

Among The Last Large-Sized $20 Gold Certificates

Before the Gold Recall in 1933, you could walk into a bank with a 1906 $20 Gold Certificate and exchange it for a vintage $20 Gold Double Eagle coin struck in highly pure 90% fine gold. On April 5, 1933, President Franklin Roosevelt ordered all gold coins and gold certificates to be turned into the Federal Reserve. By May 10, 1933, the government had taken in $300 million gold coins and $470 million gold certificates—which quickly decimated the availability of U.S. Gold Certificates like these.

Golden "Horse Blanket" Notes

The front of this Note features George Washington, the first President of the U.S. and is available here in Very Fine (VF) condition. This note is from the 1906 series—one of the last series of large-sized $20 Gold Certificates—and is referred to as a "Horse Blanket" note due to its large size. At 7" x 3", this note is about 30% larger than today's currency! In production from 1863 to 1933, U.S. Gold Certificates were the counterpart to the U.S. Silver Certificates. Like the Silver Certificates, Gold Certificate featured a face value redeemable for gold coins in that same amount. Unlike many other forms of paper currency, Gold Certificates were available for a much shorter period of American history.

Act Now To Secure One Of America's Last Large-Sized $20 Gold Certificates

Now you can secure one of America's last large-sized $20 Gold Certificates and own a piece of this short-lived period of paper currency a part of your collection forever!

Condition

Very Fine

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AUCTION Description. All lots have a Reserve price so please bid with confidence. Most lots are Brand New. Made of solid gold in *10KT, *14KT and *18KT or Platinum. Conflict Free! Ethically Sourced Natural Earth Mined Diamonds & Gemstones. Some Lab Grown Diamonds & Gemstones. Please read Titles & Descriptions for lot details. Mistake Bids will not be tolerated. Please see our terms and conditions, Happy Bidding..