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You can't redeem them directly at a bank for gold. That was suspended almost 80 years ago, back in 1933, when the US went off the gold standard. However you can always use Federal Reserve Notes or any other form of legal tender to purchase gold on the open market at current retail prices.

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What is the value of a 1928 US 20 dollar Federal Reserve Note redeemable in gold?

All 1928 $20 Federal Reserve Notes carried the phrase "Redeemable in Gold", although they weren't gold certificates. There were also gold certificates with that denomination but they have gold seals and lack the words Federal Reserve Note. Please see the question "What is the value of a 1928 US 20 dollar Federal Reserve Note?" for more information.


What is the value of a 1928 US 5 dollar Federal Reserve Note redeemable in gold?

That phrase appeared on all Federal Reserve Notes of the time because the US still issued gold-backed currency, even though FRNs were not gold certificates. Please see the question "What is the value of a 1928 US 5 dollar Federal Reserve Note?" for more information.


What is the value of a 1928 A US 5 dollar bill redeemable in gold?

All 1928 $5 Federal Reserve Notes carried the phrase "Redeemable in Gold", although they weren't gold certificates and in fact no gold certificates with that denomination were printed. Please see the question "What is the value of a 1928 A US 5 dollar Federal Reserve Note?" for more information.


What is the value of a 100 dollar Federal Reserve Note that says redeemable in gold?

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.


What is the value of a 1928 US 10 dollar certificate?

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.

Related Questions

How much gold is at the federal reserve?

The US Federal Reserve has about 8000 Tonnes of Gold or about 282192000 ounces. At todays prices that is in the neigborhood of 270 billion dollars. {| |}


Does a federal reserve gold note have any value?

They all do but it depends on the denomination, year, and series. You can't redeem them for gold anymore (redemption was suspended back in 1933) but the bills can be worth a considerable amount to a collector.


What is the value of a 1928 US 20 dollar Federal Reserve Note redeemable in gold?

All 1928 $20 Federal Reserve Notes carried the phrase "Redeemable in Gold", although they weren't gold certificates. There were also gold certificates with that denomination but they have gold seals and lack the words Federal Reserve Note. Please see the question "What is the value of a 1928 US 20 dollar Federal Reserve Note?" for more information.


What percentage of the worlds gold is held by the federal reserve bank?

50%


What percentage of the world gold bullion does the federal reserve hold?

25%


Where is the world largest gold depository?

Federal Reserve New York


What years were US 50 dollar bills printed?

US $50 dollar bills have been printed in dozens of series from 1862 to the present. Because series dates stay the same until a new series starts, bills are almost always printed every single year although they carry the date when the series began. The main series dates and bill types are: 1862 United States Note 1863 United States Note 1863-64 Compound Interest Treasury Note 1869 United States Note 1870-75 National Gold Bank Note 1874 United States Note 1875 United States Note 1878 United States Note 1878 Silver Certificate 1880 Silver Certificate 1880 Silver Certificate 1880 United States Note 1880 United States Note 1882 Gold Certificate 1882 Gold Certificate 1891 Treasury Note 1891 Silver Certificate 1891 Silver Certificate 1913 Gold Certificate 1914 Federal Reserve Note 1914 Federal Reserve Note 1918 National Currency/FRBN 1922 Gold Certificate 1928 Gold Certificate 1928 Federal Reserve Note 1928A Federal Reserve Note 1929 National Currency 1929 National Currency 1934-1934D Federal Reserve Note 1950-1950E Federal Reserve Note 1963-1963A Federal Reserve Note 1969-1969C Federal Reserve Note 1974 Federal Reserve Note 1977 Federal Reserve Note 1981-1981A Federal Reserve Note 1985 Federal Reserve Note 1988 Federal Reserve Note 1990 Federal Reserve Note 1993 Federal Reserve Note 1994 Federal Reserve Note 1996 Federal Reserve Note 2001 Federal Reserve Note 2004 Federal Reserve Note 2006 Federal Reserve Note 2009 Federal Reserve Note 2013 Federal Reserve Note


What is the value of a 1928 US 5 dollar Federal Reserve Note redeemable in gold?

That phrase appeared on all Federal Reserve Notes of the time because the US still issued gold-backed currency, even though FRNs were not gold certificates. Please see the question "What is the value of a 1928 US 5 dollar Federal Reserve Note?" for more information.


What years were US 100 dollar bills printed?

US $100 bills have been printed nearly every year since the denomination was introduced during the Civil War. However US bills carry what are called "series" dates rather than printing dates that are changed only when there's a modification to a bill's design or its signers. The primary series dates for $100 bills are: 1861-65 - Interest Bearing Note 1862 - United States Note 1863 - United States Note 1863-64 - Compound Interest Treasury Note 1869 - United States Note 1870-75 - National Gold Bank Note 1874 - United States Note 1875 - United States Note 1878 - United States Note 1878 - Silver Certificate 1880 - Silver Certificate 1880 - United States Note 1882 - Gold Certificate 1890 - Treasury Note 1891 - Treasury Note 1891 - Silver Certificate 1914 - Federal Reserve Note 1918 - National Currency/FRBN 1922 - Gold Certificate 1928 - Gold Certificate 1928,28A - Federal Reserve Note 1929 - National Currency 1934,34A-D - Federal Reserve Note 1950,50A-E - Federal Reserve Note 1963A - Federal Reserve Note 1966,66A - United States Note 1969,69A,69C - Federal Reserve Note 1974 - Federal Reserve Note 1977 - Federal Reserve Note 1981,81A - Federal Reserve Note 1985 - Federal Reserve Note 1988 - Federal Reserve Note 1990 - Federal Reserve Note 1993 - Federal Reserve Note 1996 - Federal Reserve Note 1999 - Federal Reserve Note 2001 - Federal Reserve Note 2003,03A - Federal Reserve Note 2006 - Federal Reserve Note 2009,09A - Federal Reserve Note 2013 - Federal Reserve Note


Will you be able to redeem a trial code for XBOX Live if your Gold subscription expires?

You can redeem any kind of code no matter what Xbox Live status you have.


What is a 1928-A 50 federal Reserve Gold Note worth?

$8 to $35 depending on condition


What replaced the silver certificates?

The silver certificate and the gold certificate were replaced by the Federal Reserve Dollar.