It's a $10 gold certificate, which was a type of U.S. currency until 1933. It could be redeemed at a bank for gold coins.
In circulated condition, it's worth about $50 A nice crisp uncirculated one is worth about $175
On the paper currency of many countries, there is a phrase that says "will pay to the bearer on demand." This means that the money is essentially nothing more than a promissory note but it is backed by gold owned by the government.
Not every old bill is automatically a certificate so it's important to check carefully. If it has a gold seal and says "Gold Certificate", see the question "What is the value of a 1928 US 10 dollar gold certificate?" for values. If it has a green seal and says "Federal Reserve Note", it's not a certificate, it's a Federal Reserve Note. See the question "What is the value of a 1928 US 10 dollar Federal Reserve Note?" for values.
The average dollar bill has a life span of about 18-22 months. The Bureau of Engraving and Printing says the "average life" of a $1 bill in circulation is 21 months before it is replaced due to wear
That phrase was on Federal Reserve Notes up till the US went off the gold standard. Please check your bill again and post a new, separate question with its date, and what letter (if any) is next to the date.
More than a modern $100 dollar bill. The money being printed currently has no value other than what the Federal Reserve says it has. That's why modern bills to not say "pay to the bearer" but rather just simply "Federal Reserve Note". Over printing of FIAT money has contributed to the collapse of the dollar.
America itself have a ton of gold locked up a dollar bill is not a dollar but a paper note (like a IOU) lets say if you added up all the US bill in the world together and have a made up number of 50 trillion dollar and if US has 50 trillion pound of gold than your dollor bill would be worth exactly 1 pound of gold in the vault, BUT you cannot go and take the gold out. on the back of the dollar bill it says "In God We Trust" which means that you trust God that America will safe keep your portion of the gold, the meaning of it is not exact but it reference to it. It also has other meaning such as God has favored the US. if more bills get printed the weaker the dollar bill gets and the more gold US has the stronger the dollar bill gets. Gold is the universal currency
In circulated condition, it's worth about $50 A nice crisp uncirculated one is worth about $175
The Greenville Texas bank Note, 8581, you speak of is worth $75-$150 depending on condition.
A 1928 $50 bill that is redeemable in gold on demand is known as a Gold Certificate. These certificates were issued during a time when the US dollar was backed by gold. As a collectible item, the value of the bill would depend on factors such as its condition and rarity. They can be worth more than their face value to collectors and currency enthusiasts.
If it says "Gold certificate" its value ranges from $85 if worn to $200 if nearly new.
All silver certificates and many other older bills carry that phrase so more information is needed. Please post a new question with the bill's seal color, and whether there is a small letter next to the date.
Not much, about 4 or 3 dollars, heck ancient roman coins go for as little as 5 bucks themselves, sorry mate =[
On the paper currency of many countries, there is a phrase that says "will pay to the bearer on demand." This means that the money is essentially nothing more than a promissory note but it is backed by gold owned by the government.
On the back of a dollar bill is the Great Seal a pyramid with an eye on top it also says IN GOD WE TRUST and The United States Of America.
Not every old bill is automatically a certificate so it's important to check carefully. If it has a gold seal and says "Gold Certificate", see the question "What is the value of a 1928 US 10 dollar gold certificate?" for values. If it has a green seal and says "Federal Reserve Note", it's not a certificate, it's a Federal Reserve Note. See the question "What is the value of a 1928 US 10 dollar Federal Reserve Note?" for values.
1986?