These silver certificates are typically worth a small premium over face value, with circulated certificates typically selling for $1.25 to $1.50 each. Meanwhile, uncirculated silver certificates can be worth between $2 and $4 apiece. Earlier issued silver certificates can be worth much more.
What is a US silver certificate?
A silver certificate is a type of legal tender in the form of paper currency that was issued by the U.S. government beginning in 1878. These certificates were eventually phased out in 1964 and today can be redeemed for their face value in cash only, rather than in actual silver.
What was the value of a silver certificate in 1878?
The series issued in 1878 ranged in denomination from $10 up to $1,000. In later series $1, $2 and $5 certificates were also printed. Silver certificates could be exchanged for silver dollars. A five dollar certificate could be redeemed on demand for five silver dollars.
How much is a 1913 silver certificate worth?
Silver Certificate Value | Silver Certificates 1878 – 1923 Silver Certificate Worth and Information. Antique Banknotes Toggle navigation Home Currency Guide Gold Certificate > Series 1863 Series 1882 Series 1905 Technicolor Series 1906 $20.00 Series 1907 and 1922 Series 1913 $50.00 Silver Certificate >
What was the difference between gold and silver in 1873?
Since the country was on bimetallism, the same principal held true for gold. The only noticeable difference (prior to 1873) was that silver coins had become quite rare—Greenbacks and National Bank notes were much more common and obtainable, especially to the working class.
What was the Fourth Coinage Act of 1873?
The Fourth Coinage Act of 1873, put United States of America on a gold standard, triggering protests from Western silver mining companies and banks. To address the concerns of the West, the government passed the Bland-Allison Act, according to which the government had to purchase silver worth $4 million dollars from Western mining companies.
