What is the value of a 1935 H US 1 dollar silver certificate?

Answer 1

1935 H

As of 11/2009 a circulated 1935 H $1 bill retails for about $1.50. Nice uncirculated ones sell for around $7.

Despite the 1935 date, $1 bills with an H by the date were actually printed between January 1963 and March 1965. Unlike coins, the date shown on a US bill is its "series date", not the date it was printed. Until the 1970s a new series was only created when there was a design change; a small letter was put after the date to indicate a change in the Treasurer or Secretary of the Treasury. The 1935 design was used for 3 decades so the series letters went all the way up to H. The policy was later changed so that a new series is also started whenever a new Secretary of the Treasury takes office, so date changes are now much more frequent and letter changes rarely go beyond B or C.

FAQs about US bills

Blue Ink

Silver certificates typically had blue seals and serial numbers. Other colors were used on some very old bills and on bills printed for use in threatened regions during WWII. In 1963 $1 silver certificates were phased out in favor of Federal Reserve notes, the kind still issued today.

In God We Trust

Some 1935 G and all 1935 H silver certificates were the only ones with that date to carry the motto. A new series with the motto was introduced starting in 1957, but the two designs were printed concurrently for a short while.

Serial Numbers

It's normally not necessary to provide a bill's serial number. Serial numbers are counters and a security feature but rarely affect a bill's value. Some collectors will pay extra for numbers with a special pattern, e.g. 12345678, or low numbers such as 00000015.