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Because you didn't specify the bill's date or series letter. Common-date (1957) $1 silver certificates are in fact only worth 1.25. The buying price is $1.25 because that's the average price for 1957 silver certificates. They're very common among collectors and none of them should be worth anything like $500.

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Q: If a silver certificate is worth 500.00 why is the dealer price 1.25?
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