Death Vallery Scotty & His Buried Gold Certificates

[jeff of pa]

Reno Gazette-Journal (Reno, Nevada) 10 Jun 1940, Mon

 

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[SD51]

So if he had redeemed the certificates for the Gold prior to 1933, he would have been in "Fat City"!

 

[jeff of pa]

yep, I Wonder if Today.
since Gold Certificates are Legal tender today, though rare in Circulation
I wonder if the Department of the Treasury, would try to ID & pay out ?

 

[SD51]

yep, I Wonder if Today.
since Gold Certificates are Legal tender today, though rare in Circulation
I wonder if the Department of the Treasury, would try to ID & pay out ?

I'm going to say No. Since we got off the Gold standard and most likely there's no Gold left anyway...it's just a collector's item!

 

[jeff of pa]

are gold certificates legal tender ?

Although gold certificates are no longer produced and are not redeemable in gold, they still maintain their legal tender status. You may redeem the notes you have through the Treasury Department or any financial institution.

https://www.google.com/search?client=firefox-b-1-d&q=are+gold+certificates+legal+tender+

 

[Mackaydon]

Anyone holding a VF-20 or better $10,000 gold certificate and presenting it to the Treasury for redemption in gold would be a fool since that bill is worth many times its face value to a collector.
Don.......

 

[jeff of pa]

yea I'm thinking if buried that long, (110 years Minimum to have survived, it would most likely have to be in a jar.
and most likely turned to damp petrified mush. Which the Experts would need to bake and Separate with a tweezer

How Dry is Death Valley ?

then again: Death Valley has a subtropical, hot desert climate (K?ppen: BWh), with long, extremely hot summers; short, mild winters; and little rainfall. The valley is extremely dry, because it lies in the rain shadow of four major mountain ranges (including the Sierra Nevada and Panamint Range).