When silver certificates were originally issued the government controlled the price of silver and had a large hoard in various locations as backing for currency. Only as many silver certificates could be printed as there was silver to back them up, so it was a way of controlling the amount of money in circulation and holding down inflation. Citizens were allowed to take silver certificates to banks and some government offices where they could be exchanged for an equivalent amount of metal.
As the economy changed they only became exchangeable for silver coins, which made them effectively the same as other kinds of paper currency except that they still had to be backed by silver.
By the 1960s market pressure on silver (much from the electronic and Photography industries) forced the government to deregulate its price and start selling its hoard. They stopped printing silver certificates and abandoned the policy of exchanging them for metal. By 1963 all U.S. currency printed was either Federal Reserve or U.S. Notes, which were not backed by any metal in the Treasury. U.S. Notes were discontinued shortly after that, around 1966 because they were entirely equivalent to FRN's.
It is really impossible to say without knowing the condition of your bill. Condition is everything and can mean the difference between a $20 bill and a $200.
If you mean turn them in for silver? you can't, June 24 1968 was the last date to redeem silver certificates.
No. The ability to exchange them for silver ended in 1968.
No, redemption of silver certificates for silver metal was halted back in 1968, after the price of silver was deregulated.
What is the value of a us blue ink 2 dollar certificate
How much is a 1957a silver certificate worth?
If you mean a $5.00 silver certificate a crisp an well centered bill about $12.00 to $15.00.
It is really impossible to say without knowing the condition of your bill. Condition is everything and can mean the difference between a $20 bill and a $200.
The silver certificate and the gold certificate were replaced by the Federal Reserve Dollar.
If you mean turn them in for silver? you can't, June 24 1968 was the last date to redeem silver certificates.
A silver certificate is a US banknote (bill) that could be redeemed for an equivalent amount of silver. Please see the question "What is a silver certificate?" for a much more detailed explanation.
A silver certificate is a US banknote (bill) that could be redeemed for an equivalent amount of silver. Please see the question "What is a silver certificate?" for a much more detailed explanation.
Not Really
There is no such thing as a 1989 $1 Silver Certificate.
Not since 1967.
a mint condition silver certificate is worth $5-$6.
1000 Points In A Week: 1 Bronze Certificate 5 Bronze Certificates: 1 Silver Certificate 4 Silver Certificates: 1 Gold Certificate