A specific series and denomination of paper currency issued by the United States government, this collectible note represents a period when paper money was redeemable for a tangible commodity. The “D” denotes a particular series within that year, adding a layer of specificity that affects its desirability among collectors. Its value is not based on its face amount, but rather on factors like condition, rarity, and demand within the numismatic community.
These certificates offer a tangible link to an era when currency was more directly tied to precious metals. The historical context, including the economic policies of the time and the circumstances surrounding their issuance, contributes significantly to their appeal. Furthermore, the note’s condition, ranging from circulated to uncirculated, is paramount in determining its worth, with pristine examples commanding a higher premium due to their scarcity.