1922 $20 Gold Certificate

This 1922 $20 Gold Certificate, Fr. 1187, represents one of the most popular large-size types. Gold Certificates from this era were redeemable in actual gold coin, making them particularly desirable during their circulation period. The series stands out for its distinctive black obverse design with golden-orange Treasury seal and serial numbers.

Graded About Uncirculated 50 by PMG, this note shows minimal circulation while retaining most of its original brightness and crispness. The black and orange inks remain sharp and well-defined, with the orange elements providing striking contrast against the black design elements. The margins are well-centered, and the paper maintains excellent body. The golden-orange reverse displays strong color and detail, with the eagle motif particularly well-preserved.