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5 Dollars Gold Certificate of Deposit

Issuer Department of Finance, Republic of Hawaii
Year 1895
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Currency Dollar (1847-1898)
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Obverse lettering GOLD CERTIFICATE OF DEPOSIT ELIMA DEPARTMENT OF FINANCE REPUBLIC OF HAWAII THIS CERTIFIES, THAT THERE HAVE BEEN DEPOSITED AT THE HAWAIIAN TREASURY FIVE DOLLARS IN GOLD COIN PAYABLE TO THE BEARER ON DEMAND FIVE ISSUE OF 1895 - ACT № 19
Reverse description Printed entirely in golden yellow, the reverse is dominated by an intricate guilloche pattern at center, within which a circular underprint carries the text of the issuing authority. The words HAWAIIAN TREASURY arc across the upper portion and CERTIFICATE OF DEPOSIT runs along the lower margin, with large numeral 5 vignettes at each lateral edge framed by ornamental lathe-work borders.
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Hawaii's 1895 Gold Certificates of Deposit were issued by the Republic — the short-lived provisional government that replaced the Kingdom following the 1893 overthrow of Queen Liliuokalani. The Republic itself lasted only until annexation by the United States in 1898, giving this entire series a window of just a few years. These certificates were redeemable in gold coin on demand, a deliberate policy choice to stabilize confidence in a government whose political legitimacy was still being contested internationally.

American Bank Note Company produced the plates in New York. The series is scarce in any condition — the Republic's brief existence meant limited issuance and no reason to preserve notes once U.S. currency took over.

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