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It's not now redeemable in gold, so it's value is determined by collector demand.

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12y ago
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6mo ago

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.

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Q: What is a 1928 50 dollar bill worth if it says it's redeemable in gold on demand?
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