It's almost never a wise idea to cash in old paper currency.
Banks are not permitted to buy collectible money; they can only exchange it for current coins or bills at face value. All you'd get would be a nice 21st century $1 bill or $1 coin. However depending on its condition and series letter, a 1928 US 1 dollar silver certificate can be worth anywhere from a few dollars to over $1000 to a collector so it should be evaluated by a dealer or appraiser.
Please see the question "What is the value of a 1928 US 1 dollar silver certificate?" for more information.
No, but if it holds any numismatic value you may be better off.
You don't want to "cash in" a silver certificate; that means to take it to a bank and you'll only get face value for it. Unfortunately its value as a collectible isn't much more, perhaps $2-$3 at retail. That means you might be able to sell it on eBay or to a dealer for $1.25 to $1.75 which wouldn't even pay for postage or gas. You could always keep the bill as a conversation piece and memento of a time long gone.
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.
Cashing in a US silver certificate is almost never a wise idea. Banks aren't allowed to pay any premium for collectible bills or coins they receive; you'd only get face value for your bill. You first need to find out what your bill might be worth. Most common silver certificate values have been estimated on this site. First determine its date and denomination, then look for questions in the form "What is the value of a [date] US [$$] dollar silver certificate?", e.g. "What is the value of a 1953 US 10 dollar silver certificate?" If the bill's value is more than a couple of dollars above its face value you might be able to sell it privately to a collector or on a site like eBay. If its value is substantially higher, it would be worthwhile having the bill evaluated in person by an expert dealer or appraiser before trying to sell it. Truly valuable bills might bring more if put up for auction.
yes
Not any longer. The government discontinued that practice about 45 years ago, when the price of silver was deregulated.
No, but if it holds any numismatic value you may be better off.
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.
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.
No, banks do not buy silver. It needs to be taken to a silver & gold buyer for an assessment of value.
They messed up when they were making it. You could sell that for some decent cash.
How much is a .999 fine silver coin worth Ten dollar redeemable cash value .999 fine silver limited edition collector's series ...
eBay Most shops that sell jewelery also buy gold and silver.
You don't want to "cash in" a silver certificate; that means to take it to a bank and you'll only get face value for it. Unfortunately its value as a collectible isn't much more, perhaps $2-$3 at retail. That means you might be able to sell it on eBay or to a dealer for $1.25 to $1.75 which wouldn't even pay for postage or gas. You could always keep the bill as a conversation piece and memento of a time long gone.
In good condtion it is worth about $40.
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.
Cashing in a US silver certificate is almost never a wise idea. Banks aren't allowed to pay any premium for collectible bills or coins they receive; you'd only get face value for your bill. You first need to find out what your bill might be worth. Most common silver certificate values have been estimated on this site. First determine its date and denomination, then look for questions in the form "What is the value of a [date] US [$$] dollar silver certificate?", e.g. "What is the value of a 1953 US 10 dollar silver certificate?" If the bill's value is more than a couple of dollars above its face value you might be able to sell it privately to a collector or on a site like eBay. If its value is substantially higher, it would be worthwhile having the bill evaluated in person by an expert dealer or appraiser before trying to sell it. Truly valuable bills might bring more if put up for auction.