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100 Dollars Gold Certificate of Deposit
| Issuer | Department of Finance, Republic of Hawaii |
|---|---|
| Year | 1895 |
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| Shape | Rectangular |
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|---|---|
| Obverse lettering | GOLD CERTIFICATE OF DEPOSIT AKAHI HANERI DEPARTMENT OF FINANCE REPUBLIC OF HAWAII THIS CERTIFIES, THAT THERE HAVE BEEN DEPOSITED AT THE HAWAIIAN TREASURY ONE HUNDRED DOLLARS IN GOLD COIN PAYABLE TO THE BEARER ON DEMAND. ISSUE OF 1895 - ACT № 19 |
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| Reverse lettering | HAWAIIAN TREASURY REPUBLIC OF HAWAII MDCCCXCIV UA MAU KE EA O KA AINA I KA PONO CERTIFICATE OF DEPOSIT |
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| Comments |
Hawaii's Gold Certificates of Deposit were functionally warehouse receipts against gold coin held by the Republic's Treasury — not conventional banknotes in the commercial sense. The 1895 series was issued during a politically volatile stretch following the 1893 overthrow of the monarchy, when the provisional and then republican governments were scrambling to establish fiscal credibility while annexation negotiations with Washington dragged on.
American Bank Note Company handled the entire series. Pick 10 is the high denomination, and surviving examples are genuinely rare — the certificates were redeemable on demand, which meant most were presented and destroyed rather than kept.