1928 $100 Redeemable in Gold Federal Reserve Note in Almost Uncirculated to Brilliant Uncirculated Condition

A 1928 $100 Federal Reserve Note redeemable in gold is part of the Gold Certificate series issued by the United States. These notes were initially issued as a form of paper currency that could be redeemed for an equivalent value in gold coins upon demand. However, by the time of the 1928 series, the Gold Standard had already been altered, and gold certificates were primarily a transitional step toward the more commonly known Federal Reserve Notes that we use today.

1928 $100 Federal Reserve Note AU/BU Condition

AU/BU stands for "About Uncirculated" to "Brilliant Uncirculated." These conditions suggest that the note has seen little or no circulation and retains much of its original crispness and detail.