gold certificate

Redeemable metal note

A gold certificate is a paper document representing ownership of a specific amount of gold, historically issued by governments as currency backed by gold reserves.

The United States issued gold certificates from 1863 to 1933, when private gold ownership was restricted.

Today, gold certificates are issued by banks or dealers as proof of gold ownership without physical possession: She kept her gold certificates in a safety deposit box rather than storing bullion at home.

investment

bullion

Precious metal in bulk

diversification · commodity · allocated · unallocated · vault · custodian · depository · premium · liquidity · hedge

currency

banknote

Printed legal tender

denomination · face-value · redemption · convertible · monetary · exchange · circulation · promissory · negotiable · watermark

historical

bimetallism

Dual-metal currency backing

numismatics · obsolete · recall · confiscation

Opposites
monetary backing

gold certificatefiat money

Legal tender by decree

fiat currency · paper money · legal tender · greenback · cryptocurrency

metal type

gold certificatesilver certificate

Bill once redeemable for metal

copper coin

Family

gold, certificate, golden, goldsmith, gild, gilt, gilded, goldenrod, goldfish

Familiarity
Top 500,000
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Mostly American · Timeless · Concrete · Rated G