What denominations did silver certificates come in?
Silver Certificates are issued in $10, $20, $50, $100, $500, and $1,000 denominations. The $1, $2, and $5 denominations are introduced.
How much is a 1934 silver certificate dollar worth?
The 1934 $1 silver certificate is worth around $30 in very fine condition. In uncirculated condition the price is around $80 for bills with an MS 63 grade.
What years did they print silver certificates?
Silver certificates were issued between 1878 and 1964 in the U.S. These were representative money and part of the circulation for paper currency. The certificates were originally redeemable for their face value in silver dollar coins, and then for one year, from June of 1967 to June of 1968, for raw silver bullion.
How many silver certificates were printed?
Values for Series 1957 $1 Silver Certificates. Let’s begin by saying that while 1957 Silver Certificates are valuable, they are not necessarily rare. A total of 5.3 billion $1 Silver Certificates were printed bearing the Series 1957 date.
Why were silver certificates discontinued?
In 1963, Congress decided to end the issuance of the certificates. To compensate for the loss, Federal Reserve Note production and issuance was expanded. called for the unlimited coinage of silver bullion by the government as an alternative to the issuance of more “greenbacks” in order to increase the money supply.
What was the purpose of the 1934 Silver Certificate?
Beginning with the Series 1934 silver certificates the wording was changed to “This certifies that there is on deposit in the Treasury of the United States of America X dollars in silver payable to the bearer on demand.”. This freed the Treasury from storing bags of silver dollars in its vaults,…
When were silver certificates first printed?
Large size silver certificates were first printed in 1878. Any note from 1878 or 1880 should considered to be scarce. The next line of silver certificates were issued in 1886. These are available, but you still don’t see them especially frequently.
Where can I buy a 1953 Silver Certificate?
These can be bought by the 100s at shows or coin shops. They are no where near rare enough to be collectible. The small premium they do command is just a result of the curiosity factor. Any 1934 and any 1953 $5 silver certificate with a blue seal is very common. I sell them for $7 in circulated condition.
Is the ten dollar bill a silver certificate?
The ten dollar bill is the only other small size denomination printed as a silver certificate. Tens were printed for 1933, 1934, and 1953. The 1933 example is by far the rarest. The other years typically sell for around $15 in circulated condition.