gold certificates
Defined in 3 dictionaries — Case Law, Ballentine's (1916), Bouvier (1914)
Definitions from Case Law
From 294 U.S. 317 - Nortz v. United States · 1935Most cited · 195 citing opinions
Gold certificates under this legislation were required to be issued in denominations of dollars, and called for the payment of dollars. These gold certificates were currency. They were not less so because the specified number of dollars were payable in gold coin, of the coinage of the United States. Being currency, and constituting legal tender, it is entirely inadmissible to regard the gold certificates as warehouse receipts. They were not contracts for a certain quantity of gold as a commodity. They called for dollars, not bullion.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
Issued by the secretary of the treasury, in denominations of not less than $10, against deposits of gold coin in sums of not less than $20. They are receivable for all public dues, may be reissued and when held by a national bank may be taken as part of its reserve. Act of March 2, 1911.