Citibank Gold Certificate - Unissued Certificate from 1930s
Citibank Gold Certificate - Unissued Certificate from 1930s
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Are the certificates authentic?
Are the certificates authentic?
Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.
This is an unissued gold certificate associated with Citibank, dating to the early 1930s. It remains uncancelled and was never circulated.
Citibank was founded in 1812 as the City Bank of New York and later became First National City Bank of New York before becoming Citibank in 1976.
From 1865 to 1933, gold certificates like these would have been used to facilitate transactions between parties without needing to transfer large (and heavy) amounts of gold bullion. Prior to the use of gold certificates, if you wanted to move a large amount of gold as part of a transaction, you needed a well protected wagon train to mitigate risks. Gold certificates changed all that- the gold stayed in a vault, and only the paper changed hands.
During the Great Depression, the U.S. Government stopped using gold certificates and recalled those in circulation in an effort to stabilize the economy. These certificates are a relic of when America was on the gold standard, before World War II, the Korean War, and the Cold War.
An unissued certificate means there is no bearer name printed on them- these were held in storage, waiting for a purchaser to denote the amount of gold they owned, when their name would be inscribed.
Materials and care
Materials and care
Here are some quick tips to preserve your certificate for decades to come.
Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features.
Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.
Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.
Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.
Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.


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