answersLogoWhite

0


Best Answer

Gold certificates were issued for gold, while silver certificates were issued for silver. They were separate types of bills with separate names redeemable for separate types of precious metal.

User Avatar

Wiki User

8y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Were silver certificates issued for gold?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the value of a 1996 five hundred dollar silver certificate?

No such (US) bill exists. Silver certificates were last issued in 1964, and the $500 bill was last issued with the series of 1934A. Furthermore, the highest denomination silver certificate issued was $10, higher denomination certificates were either United States Notes, Federal Reserve Notes or Gold Certificates.


What was the first year silver certificates were issued?

They were first issued in 1886.


What is the oldest US Silver Certificate?

The first silver certificates were issued in 1878, and included all denominations from $10 to $1,000. Lower-denomination silver certificates were issued starting in 1886.


Did the Federal Reserve make a 10000 dollar silver note?

No, there were no $10,000 silver certificates Moreover, silver certificates were never issued by the Federal Reserve System. They were issued directly by the US Treasury.


What is the value of a 1957 US 20 dollar silver certificate?

The US only issued $1 silver certificates dated 1957. No other denominations have that date. The last $20 silver certificates were issued in the 1891 series.


What does a blue seal on bills mean and what does a red seal on bills mean?

A blue seal on US bills indicates that the currency is silver-certificates issued from 1878 to 1964. A red seal on US bills is used for US notes first issued in 1963, signed by the Secretary of the Treasury.


What are the ratings and certificates for Silver Threads Among the Gold - 1921?

Silver Threads Among the Gold - 1921 is rated/received certificates of: UK:U


What are the ratings and certificates for Teletubbies - 1997 Gold and Silver 1-302?

Teletubbies - 1997 Gold and Silver 1-302 is rated/received certificates of: Australia:G


What does the red seal on US Dollar bills mean?

Before 1928, the colour of the Treasury Seal varied from issue to issue.After that date, the colour of the seal meant something special;Green : Federal Reserve Notes. These bills are issued by the US central bank and are the only bills currently in circulationBlue : Silver Certificates. Silver certificates were issued by the Treasury and backed dollar-for-dollar with silver on deposit.Orange : Gold Certificates. Like silver certificates they were issued by the Treasury and backed with an equivalent amount of gold.Red : United States Notes US Notes were issued directly by the federal government but functioned equivalently to Federal Reserve Notes.Brown : National Bank Notes & Federal Reserve Bank Notes


What is the FR number on a silver certificate?

There aren't any Federal Reserve indicators or seal on silver certificates. Silver certificates were issued directly by the government and not through the Federal Reserve system.


When were silver certificates issued?

Silver Certificates were issued in various years through different series, from 1878 to 1963, although the last series bore the date 1957. At various times during the 19th century, silver certificates were issued in every denomination from $1 to $1000. That range was reduced to $1, $5, and $10 during the first part of the 20th century. $5 and $10 denominations were discontinued with the 1953 series, and $1 silver certificates were discontinued with the 1957 series.


Can you exchange a silver certificate for silver?

You can't. However, depending on its age and denomination a silver certificate may be worth extra as a collectible item. You should investigate its value before deciding what to do with it. There used to be what was called the gold or silver standard where our dollars were backed by a certain amount of silver and gold. You could trade in those silver and gold certificates for a certain amount of the metal, but that's not the case anymore. Redemption of gold certificates for metal ended in 1933. Redemption of silver certificates ended in 1968.