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| 背面描述 | The reverse is rendered in dark green intaglio on a plain paper ground, with the Hawaiian state motto presented within an ornate border frame. 'REPUBLIC OF HAWAII' arcs across the top register flanked by the Roman numeral date 'MDCCCXCIV', while 'CERTIFICATE OF DEPOSIT' runs along the lower register, the whole surrounded by intricate lathe-work guilloche panels. |
| 背面铭文 | HAWAIIAN TREASURY REPUBLIC OF HAWAII. MDCCCXCIV UA MAU KE EA O KA AINA I KA PONO CERTIFICATE OF DEPOSIT |
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Hawaii's Gold Certificates of Deposit were not general-circulation currency but instruments tied to actual gold held on deposit with the Republic's Treasury — a system that reflected the islands' unusual monetary position, operating outside the U.S. dollar framework while remaining commercially entangled with American banking. The Republic itself lasted only until 1898, when annexation ended Hawaiian monetary autonomy entirely.
The American Bank Note Company produced the series with the same security printing standards applied to U.S. federal issues of the period. Pick 9 is among the rarer denominations of this short-lived series — few were issued, fewer survived.