0
No, but if it holds any numismatic value you may be better off.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Can you still receive silver when you exchange a silver certificate?
No. The ability to exchange them for silver ended in 1968.
Where could you go to cash in a 1 1957 silver certificate to get money?
A silver certificate of that age may not bring a lot of money depending on the condition. The best place to sell it would be a dealer that deals with these certificates. Many coin shops deal with them.
Can you take a silver certificate to an bank and trade it or a real silver coin?
No, The law was changed in 1968 and these bills can not be changed for silver. They are still worth the dollar value though
Can you still use a 1 dollar silver certificate?
Silver certificates were never formally withdrawn so you could still spend one, but you can't exchange them for silver anymore. However depending on its date it may not make much sense to spend a silver certificate. Common ones (mostly 1957 $1 bills) are pretty much only worth a bit more than face value to collectors, but some older-date silver certificates can be worth much more.
Are money market saving certificate considered cash?
yes
Can you still receive silver when you exchange a silver certificate?
No. The ability to exchange them for silver ended in 1968.
Where do you cash a 1923 1.00 Silver Certificate?
You shouldn't "cash in" a collectible bill. To cash in a bill means to take it to a bank where you'll only get face value (i.e. $1) for it. As you can see from the Related Question linked below, a 1923 $1 silver certificate would be worth much more to a collector or at auction.
Can you cash in a one dollar silver certificate for one dollars worth of silver?
Not any longer. The government discontinued that practice about 45 years ago, when the price of silver was deregulated.
Can 1935 US 1 silver certificate still be used?
It's still legal tender at face value, but it can no longer be exchanged for silver.
Where could you go to cash in a 1 1957 silver certificate to get money?
A silver certificate of that age may not bring a lot of money depending on the condition. The best place to sell it would be a dealer that deals with these certificates. Many coin shops deal with them.
1957a silver certificate?
How much is a 1957a silver certificate worth?
How do I cash in certificate of deposit if I have no paperwork and the bank can not find the CD?
You must complete the paperwork first in order to cash in certificate of deposit. You signature is important because it shows that you need to cash in the certificate.
When did they stop valuing silver certificate dollars?
All redemption in silver ceased on June 24, 1968. But the notes are still legal tender.
Can you take a silver certificate to an bank and trade it or a real silver coin?
No, The law was changed in 1968 and these bills can not be changed for silver. They are still worth the dollar value though
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.
What is the journal entry for the cash paid for the certificate of origin for sales?
certificate of origin A/C... DR To cash A/c.....CR
What replaced the silver certificates?
The silver certificate and the gold certificate were replaced by the Federal Reserve Dollar.
