Wednesday, July 6, 2011

My Daddy loved Money

That is.... the collecting of coins and bills....
So when I ran across a couple of Silver Certificate Dollar bills..... I purchased then at half price... they were listed as $5 each.... I love a two-fer sale for the sake of a family memory!

Silver Certificate Dollar Bill Value

The 1957 silver certificate dollar bill value, is a bit higher than its intrinsic $1 value and is often valued to $1.25 to $1.50 if it is a circulated bill. Non circulated ones go up to $4. The same is the case of 1935 silver certificate dollar bill value, however there are exceptions, such as the experimental notes, and the 1935A Hawaii and North Africa or blocks and serial number ranges which are rare and have quite a higher value. In case of the rare ones 1957A silver certificate dollar bill value is often quite high. There are some other bills such as the 1934 and 1953 bills, where the silver certificate five dollar bill value increases by about 30 to 40% of the intrinsic amount, the only reason being that the bill is a rare one. Large Size "Horseblanket" or "Saddleblanket" bills, that were printed before 1928, have an exceptionally high value and the $1 bill can be sold well over $100.

The silver certificate dollar bill was basically launched by the United States government as a response to the agitation. The gold standard was abolished and the original gold - silver standard was reintroduced. The silver certificates basically implies the fact that the mint took into custody, volumes of silver before printing the certificates or rather the bill. The silver certificates were printed in the denomination of $1, $5 and $10. The denomination is the intrinsic value of the said bill.

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