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100 000 Dollars Gold Certificate

Issuer United States Treasury
Year 1934
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Printer Bureau of Engraving and Printing, United States (1862-date)
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Reverse lettering THE UNITED STATES OF AMERICA $100,000 ONE HUNDRED THOUSAND DOLLARS IN GOLD PAYABLE TO BEARER ON DEMAND AS AUTHORIZED BY LAW
Signature(s) W. A. Julian and Henry Morgenthau, Jr.
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Comments

The 100,000 Dollar Gold Certificate of 1934 was never intended for public hands. Issued exclusively for transactions between Federal Reserve Banks and the U.S. Treasury, it functioned as an internal accounting instrument during a period when the United States was restructuring its gold reserves following the Gold Reserve Act of January 1934 — the same legislation that formally set the gold price at $35 per troy ounce and transferred ownership of all Federal Reserve gold to the Treasury.

Private ownership remains illegal under U.S. law. Surviving examples are held almost entirely by the Smithsonian and a small number of licensed institutions. The Julian–Morgenthau signature combination dates the printing to between mid-1934 and early 1945.

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