Key Date Signature Gold Coin & Morgan Auction 7MA
By Key Date Coins
Feb 23, 2025
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States

It's Finally Back! The one you've all been waiting for!

THE SIGNATURE SALE is not the one to miss! If you're a long time bidder, you know that!

ALL $1 OPENINGS! EVERY SINGLE LOT IS STARTING AT $1!

Heidi’s Lots for Day 1: 5761-6120

Shanny's Lots for Day 1 6121-6480

Heidi's Lots for Day 2: 6481-6840

Shanny's Lots for Day 2: 6841-7200

The higher Value Lots will begin Each Night at 7:30pm with Shanny.

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THE ONE YOU'VE ALL BEEN WAITING FOR

BEYOND excited to welcome you to our Signature Rare Coin Auction!

The auction we all know and love.

Featuring our biggest deals, huge high value coins, and $1 Start Openings all wrapped into a really enjoyable night.

People come to our Signature Auctions for a huge bargain, a fun and lively night, and to learn more about the history behind what they're bidding on.

To get the greatest deals we have to offer with our most Signature Catalog of Coins: 1800’s American Gold and, our specialty, Morgan Dollars.

It really is a great time and the biggest bargain around. It only comes around a few times a year!!!

The time we bring the coins to you as low as we possibly can.

Please Note, per our deal with the consignee, this auction needs to be paid within 72 hours of Invoicing. We accept credit card or wire on invoices below $5000 and only check or wire on invoices $5000+

We can't wait to see you at the auction!

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LOT 5810:

1928 $10 Gold Certificate Signatures Woods/Mellon Grades vf+. FR-2400 Alexander Hamilton is the central subject of ...

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Sold for: $170
Price including buyer’s premium: $ 200.60
Start price:
$ 5
Estimated price :
$157 - $315
Buyer's Premium: 18%
Auction took place on Feb 23, 2025 at Key Date Coins
tags:

1928 $10 Gold Certificate Signatures Woods/Mellon Grades vf+. FR-2400 Alexander Hamilton is the central subject of this scarce $10 gold note, issued because of a change in the size of United States currency beginning with all series dated 1928. This change in the size of America’s currency came about from a study that had determined that printing smaller currency would save the government a hefty amount of money in production cost. Because of the nature of gold certificates – each one accompanied the deposit of gold coins – they are somewhat scarce to begin with, as gold is far more scarce than silver. Add to that the decision to drop the gold standard by President Franklin D. Roosevelt in 1933, thus making owning gold coin (or notes promising gold coin) illegal, and you end up with a series of notes that was printed, then recalled less than six years after their initial issue. Many of the notes were destroyed when turned in, and few of them survived. Fortunately for collectors, the restriction for owning gold certificates as collectibles was repealed by Treasury Secretary C. Douglas Dillon in 1964, but the damage had been done to the stockpiles of said notes. Not many remain of the millions that had originally been issued prior to the depression.

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