Catalog
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| Issuer | United States Treasury |
|---|---|
| Year | 1922 |
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| In circulation to | 1933 |
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| Obverse description | A gold-orange underprint extends across the entire face, over which an intaglio-engraved oval vignette at left presents a bust portrait of Thomas Hart Benton, his name inscribed beneath. The centre carries bold letterpress text stating the gold-coin redemption pledge of the Treasury of the United States, with a large ornate guilloche numeral '100' counter at right and a red Treasury seal overlapping the central text block. 'SERIES OF 1922' appears twice, and two facsimile signatures of the Register of the Treasury and the Treasurer of the United States are placed at lower centre. |
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| Obverse lettering | THIS CERTIFIES THAT there have been deposited in THE Treasury OF THE United States, ONE HUNDRED DOLLARS IN GOLD COIN repayable to the bearer on demand. Series of 1922 WASHINGTON, D.C. This certificate is a legal tender in the amount thereof in payment of all debts and dues public and private. Acts of March 14, 1900, as amended and December 24, 1919. |
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| Comments |
Gold Certificates of this series were payable in gold coin on demand — a promise the U.S. government honored until the 1933 Executive Order 6102 forced private holders to surrender gold and gold-backed currency to Federal Reserve Banks at $20.67 per troy ounce. Retention after the deadline was technically a federal offense, which drove mass redemption and destroyed the overwhelming majority of surviving examples.
The 1922 date places this note in the final large-size Gold Certificate issue before the small-size series began in 1928. Speelman and White served as Register of the Treasury and Treasurer of the United States respectively — a pairing that covered fiscal years 1921 through 1927.