Though no longer used as a legal form of tender in today’s circulation, gold certificates were once a popular currency and used for everyday transactions. Why are we no longer using them?

Gold certificates have a long standing in the history of the financial world. Because moving tangible gold during the transfer of ownership can be a physically tasking ordeal and the carrying of ...

While gold certificates with higher face values than $500 and $1,000 have been issued, these remain in significantly lower supply and command a higher asking price from potential buyers.