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Does the bank have to give you silver for a 1 dollar silver certificate?
Wiki User
∙ 9y ago
No. Redemption of silver certificates for silver metal was halted in 1968, when the price of silver was deregulated and the US stopped backing its money with precious metals. The government could no longer guarantee a fixed amount of silver for each dollar, and in fact the Treasury's stockpile of silver was sold off.
Wiki User
∙ 9y ago
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If you go to the bank with a silver certificate will they give you a silver dollar for it?
No. Redemption of silver certificates was halted in the 1960s, when the price of silver was deregulated and the US stopped backing its money with precious metals. The government could no longer guarantee a fixed amount of silver for each dollar, and in fact the Treasury's stockpile of silver was sold off.
Where you can change a 1 dollar silver certificate?
"Changing" a bill means getting coins for it. A bank will take any valid US currency regardless of age and give you its face value in lower-denomination bills. HOWEVER .... if you mean "where can you redeem it for silver?", the answer is that you can't. That practice ended in 1968 after the price of silver was deregulated. Bottom line: Depending on the date and condition of the bill, it could be worth more than $1 as a collectible. Check to see if there's a small letter under the date, and look for questions in the form "What is the value of a 19xx (letter) US 1 dollar silver certificate?" e.g. "What is the value of a 1957 US ..." or "What is the value of a 1935 B US ...."
Why do you usually get two dollar bills at the bank?
You go in to the bank, give the clerk two dollars and ask for a two dollar bill in exchange.
What is the largest bill a federal bank will give you?
100 dollar bill
Can you sell your silver dollars at the bank?
yeah but they will only give you a buck
If you go to the bank with a silver certificate will they give you a silver dollar for it?
No. Redemption of silver certificates was halted in the 1960s, when the price of silver was deregulated and the US stopped backing its money with precious metals. The government could no longer guarantee a fixed amount of silver for each dollar, and in fact the Treasury's stockpile of silver was sold off.
What is the value of a 1935 US 1 dollar silver certificate at the bank?
Banks don't buy or sell collectible currency. Regardless of a bill's age or rarity, a bank is only allowed to give you face value so you would only get $1 for a 1935 silver certificate. That said, most average-condition 1935 $1 bills aren't worth much more than a dollar or two anyway. There's more information at the question "What is the value of a 1935 US 1 dollar silver certificate?"
How much is a 2008 fine silver dollar certificate worth?
You need to be a bit more specific.There are no US government issued silver certificates made since the suspension of the silver standard in 1964.There may be private mints and storage companies that do provide silver certificates (for example, you place one silver dollar in storage and they give you a certificate that promises to pay one silver dollar to whoever redeems that certificate in the future. These certificates, if valid, would be worth what one silver dollar is worth (minus perhaps the fees to actually obtain physical possession of that silver dollar)Or perhaps you are referring to a certificate of authenticity for a 2008 silver eagle. If this is just a certificate of authenticity for a 2008 dated coin, it is nearly worthless without the coin. With the coin it might add a couple of cents to a dollar to its value, but just the piece of paper itself would be worth about 2-3 cents.
How do you cash in a 1 dollar us silver certificate?
To "cash in" means to take the bill to a bank. They're only required to give you $1 in current coins or bills, but not silver. The government stopped printing silver certificates in the mid 1960's when the price of silver was deregulated. Redemption for silver coins or bullion was abolished in 1968 to prevent people from "gaming" the exchange process by speculation.
Can my bank give me a new copy of my Certificate of Deposit?
If you have lost your Certificate of Deposit, all you have to do is go to your bank, make sure to take some Id with you, and they will be able to look up your bank details and issue you with a new Certificate of Deposit.
What is the value of a US paper silver dollar?
These bills are normally called silver certificates rather than "paper silver dollars". A date is needed to give a value - please check the date on the bill and post a new question "What is the value of a (date) US 1 dollar silver certificate?" for a specific answer. Up till the mid-1960s it was possible to exchange silver certificates for $1 in silver metal, but that practice ended when the price of silver was deregulated.
Where you can change a 1 dollar silver certificate?
"Changing" a bill means getting coins for it. A bank will take any valid US currency regardless of age and give you its face value in lower-denomination bills. HOWEVER .... if you mean "where can you redeem it for silver?", the answer is that you can't. That practice ended in 1968 after the price of silver was deregulated. Bottom line: Depending on the date and condition of the bill, it could be worth more than $1 as a collectible. Check to see if there's a small letter under the date, and look for questions in the form "What is the value of a 19xx (letter) US 1 dollar silver certificate?" e.g. "What is the value of a 1957 US ..." or "What is the value of a 1935 B US ...."
Why do you usually get two dollar bills at the bank?
You go in to the bank, give the clerk two dollars and ask for a two dollar bill in exchange.
What is the largest bill a federal bank will give you?
100 dollar bill
Can you sell your silver dollars at the bank?
yeah but they will only give you a buck
Did Aunt Baba give Adeline the silver dollar in Chinese Cinderella?
Yes she did
How much is a 1998 liberty silver dollar worth?
Around $20 + or - if it is 1oz give or take conditon and the current prices of silver.
