US Banknotes

A silver certificate is a US banknote (bill) that could be redeemed for an equivalent amount of silver.

Prior to 1964, the USA was "on the silver standard." The government controlled the price of silver, and silver certificates were bills that could be exchanged for a specific amount of the metal. Denominations used in the 20th century were $1, $5, and $10; in the 1800s other denominations from $2 to $1000 were also sometimes printed as silver certificates. The government was allowed to issue only as many bills as there was silver in the Treasury to redeem them, which helped to control the money supply. Silver certificates in fact were little more than a receipt or deed for a certain number of ounces of silver.

There were also bills called Federal Reserve Notes (the same kind we use today) and US Notes, similar to Federal Reserve Notes but issued directly by the Treasury rather than via the central bank. These bills weren't backed by precious metal, but by the faith of the public in the stability of the government.

Silver certificates were similar in design to the other Federal Reserve and U.S. Notes except that they generally had blue seals instead of green or red, and did not carry a Federal Reserve District seal or code letter.

In the 1960s the demand for silver increased sharply and the government was forced to let the price be determined by market forces. The value shot up from the controlled price of $1.29/oz to over $40 for a while, and it was no longer economical to use silver in coins or to redeem bills. The production of silver certificates was stopped in 1963 and silver was removed from coins at the start of 1965. Silver certificates were allowed to stay in circulation but they could no longer be redeemed for metal. By 1966 US Notes were also discontinued. Some consider today's Federal Reserve Notes as portions of our government's indebtedness. The pro's and con's of that are hotly debated, and are beyond the scope of the question.

Many late-date silver certificates were saved by collectors, and are still so common in collections that they are not worth much more than face value despite being almost 50 years old.

Before 1933, US banks also issued gold certificates for gold deposits. They were similar to silver certificates in that they were backed by a specific amount of gold on deposit with the Treasury.

The U.S. did not print any $5 bills with that date. If your bill is from another country or from a private bank, please post a new question with that information.

$1 each

It depends on the condition of the note, such factors as folds, creases, staining, tears, separation, etc. and the signatures on the front of the note.

The US didn't print any $2 bills dated 1923. Please check again and post a new, separate question.

US Notes were among the first forms of currency issued by the Treasury Department. They first appeared in 1862 during the Civil War, and were printed up till 1968, although the last ones were actually dated 1966. US Notes were issued directly by the Treasury and were distinguished by their red seals and serial numbers. Like Federal Reserve Notes, they didn't have any precious-metal backing; their value was contingent on the stability of the US government. Production was discontinued only as a money-saving move to consolidate all currency production and administration under the Federal Reserve.

Silver certificates were bills backed by silver on deposit with the Treasury. They could be issued only in quantities that didn't exceed the total value of that silver. At one time, when the price of silver was fixed by the government, it was possible to exchange these bills for silver bullion as well as coins. When the price of silver was deregulated in the mid-1960s silver certificates were discontinued and the practice of exchanging for metal ended. Most silver certificates are recognizable by their blue seals.

Neither of these types of currency has been officially demonetized or withdrawn, so technically they can still be spent at face value. However most of them are worth more than that to a collector, although late-date notes only carry a small premium.

Many of the 100 dollar bills are worth prices close to $500. The value may vary depending upon the condition that the bill is in.

That's an extremely broad question, because silver certificates were printed for many years in several denominations.

Please post a more specific query giving the bills' denominations, dates, and what letter if any appears next to the date. You do NOT have to copy their serial numbers because they don't normally affect value.

what is a dlooar bill worth with the serial number astric 28359767B silver certificate

Unless it is uncirculated, any $20 bill printed since the 1970s is worth only face value.

The U.S. did not print any $1 bills with that date. Please check the date and post a new question. Also, if there is a letter next to the date please include that in your post.

It's still worth $2.

If worn, about $22. If it's in better shape, it could retail for up to $28.

I too thought I had a 1978 $2 bill. But after reading that there's no $2 bills printed in 1978, I got a magnifying glass and seen it is a 1976 but boy' did they not print that very clearly. Anyway, if your thinking you got a 1978 as I and others thought, check again. It's probably a 1976. Good luck.

If it has a blue seal, $20 if worn, $60 if only a bit of wear shows.

If it has a green seal the corresponding prices are $12 and $20

In the United States of America, they NEVER printed a $50,000 bill. The only denominations that were ever made were, $1, $2 $5, $10, $20, $50, $100, $500, $1,000, $5,000, $10,000, $100,000 - to which, every bill OVER the denomination of $100 is/are NO LONGER PRINTED. You can see these bills at www.highdenomination.com and to see the $100,000 note, go to that link and in the upper RIGHT CORNER, click the "GOLD CERTIFICATE" and then scroll to the bottom of the page that comes up. Enjoy:)

The condition of the piece is the key to its value. One crease diminishes its value. Have a local specialist estimate the value by visually inspecting it.

There's more information at the related question.

Please post a new question giving the bill's denomination. Also include a short description of the pictures on its front and back.

The phrase first appeared on U.S. currency in 1957 on the $1 silver certificate.

Updated and corrected ...

According to the Bureau of Engraving and Printing, as of 2011 the average US $1 bill now lasts about 42 months before replacement. Improvements in technology have extended that from a prior life of about a year and a half to two years, though it could be longer depending on how long it sits in your pocket.

Ulysses S. Grant is on the U.S. fifty dollar bill.

A portrait of Ulysses S. Grant, the 18th President of the United States, appears on the obverse of the US 50 dollar bill.

This coin is worth more for its gold content than as a collectible. At current prices, it would retail for around $1,100.

1963 was the first year the dollar bill became a Federal Reserve Note. B standing for "Barr Dollars". Joseph Barr was the shortest serving Treasury Secretary. Since he only served about a month in office, most people thought that $1 notes bearing his name would increase in value. A note with his signature ranges from $2 in F - $15 in CH CU. However, if the note is a star, I would double the price for the lower grades and triple in higher grades. Otherwise, the notes are not as rare as originally believed, although they ARE over 35 years old and no one knows how many are still in circulation.

The 1933 Double Eagle is the most valuable coin in the world.

This coin was minted in 1933 but never issued because President Franklin D. Roosevelt took the country off the gold standard. A single example escaped destruction when it made its way into the collection of King Farouk of Egypt, was withdrawn from an auction of his possessions in 1954, and went underground for 40 years until it was seized from an English coin dealer in 1996. It was sold by the United States Government in an auction at Sotheby's New York on July 30, 2002, where it brought the record sum of $7,590,020.

Another of one of the world's most valuable coins is the 1911 Canada silver dollar, it was a failed attempt to produce the first 1 dollar coin for Canada. only 3 were minted and 1 was made out of lead. this coin was one in the guiness book of world records for being the most valuable coin. a few years ago one sold at auction for $1,000,000

Alexander Hamilton is the design of the obverse of the ten dollar bill. The reverse of the bill shows the United States Treasury building.

George Washington, the first President.

Note that all modern US bills have captions on both sides that will tell you the name of the person on the front and the scene shown on the back.