answersLogoWhite

0

🌎

US Banknotes

US banknotes refer to dollar bills or the legal tender currency in the United States. Printed in the US Treasury, its base denominations include $1, $5, $10, $20, $50 and $100.

6,699 Questions

When did the US government stop redeeming silver certificates?

Redemption of silver certificates for silver dollars was halted in March 1964 when the price of silver increased dramatically. The step was taken to prevent people from trading $1 silver certificates for coins that could be melted and sold for as much as $20 or $30 each.

After that date the government continued to redeem silver certificates for bullion, but the amount of metal that you could get depended on the daily price of silver.

By 1968 the precious metals market was fully privatized. The government ended all redemption of silver certificates for bullion on June 24 of that year because it was then possible to buy silver on the open market and there was no need for the Treasury to operate its own metal business.

What two symbols are printed on the back of the dollar bill?

The eagle is the obverse of the Great Seal of the United States. The pyramid is the reverse side of the Seal.

How can you sell a Bicentennial first day issue Jefferson commemorative two dollar bill folio?

Take it to a coin dealer or a local coin show, but don't expect much, the first day issue stuff has very low resale values.

Who was the first president on a US 1 dollar bill?

The first $1 bill to carry a portrait of a president was issued in 1869. Like modern $1 bills it carried a portrait of George Washington, but the image wasn't the same. Among other things, Washington faced to the left side of the bill rather than to the right.

Washington's portrait wasn't on all $1 bills, though. The first federally-issued $1 bills were released in 1863 and carried a portrait of Treasury Secretary Salmon P. Chase. Later bills featured Abraham Lincoln, Ulysses S. Grant, and Gen. Washington's wife Martha.

A portrait of Washington returned in 1918 and the current image, based on a painting by Gilbert Stuart, was adopted in 1923.

While many people incorrectly believe the choice of people to appear on US currency is legally limited to presidents, in actuality the only restriction is that no living person can be depicted. For example, current bills carry portraits of Alexander Hamilton and Benjamin Franklin, neither of whom served as presidents. The choice of images is solely at the discretion of the Treasury Department; older bills have carried portraits of inventors, explorers, cabinet members, and Native Americans among other images.

Why does it say C82 on a US dollar bill?

It's a plate position number. US bills are printed in sheets of 32 at a time. They're then cut up into individual bills. The small letter/number combinations are position indicators to determine where in the sheet a particular image was located before cutting. Other bills will have different indicators.

If you get a set of bills with consecutive serial numbers, it's interesting to arrange them by serial number and look for the pattern formed by the position indicators, and vice versa.

What is the value of a 1943 US silver certificate?

The US didn't print any bills dated 1943. Please check your bill and post a new, separate question.

How much will a 2 bill be worth in 2030?

Assuming it's a modern green-seal bill dated 1976 or later, it'll only be worth $2 unless it's in brand-new uncirculated condition. Even though the denomination doesn't circulate much, hundreds of millions have been printed so they're just too common.

If the bill is older, the only way to know what it will be worth in 20 years is to have a really good crystal ball, because no one can predict the future.

What is the value of a US 20 dollar bill from the Federal Reserve Bank of San Francisco?

Please check your bill again and post a new, separate question with its date and what letter if any is next to the date. If the bill is older than 1950, include its seal color as well.

What is the value of a 1999 US 20 dollar bill?

As of 06/2014 it has no added value, even in uncirculated condition.

What is the value of a 1935 G US silver certificate?

Normally it would be necessary to have its denomination but the only bill fitting that description is a $1 silver certificate. Please see the question "What is the value of a 1935 G US 1 dollar silver certificate?" for detailed information.

What is a 1935 g silver citificate with a portion sticking out with a plate number on it?

A 1935 G silver certificate is a type of U.S. currency that was issued in the Great Depression era, redeemable for silver dollar coins. If a portion of the note is sticking out with a plate number, it likely indicates a miscut or error during the printing process. This can potentially increase its collectible value among numismatists. The plate number refers to the specific printing plate used, which can also be a factor in its rarity and desirability.

What is the value of a one dollar1890 silver certificate?

Might be big bucks, but depends on the note variety...

Could be worth something, depending on its condition and variety (signature combinations, variants, etc).

Send a scan, I appraise for free: support@papermoneysite.us and will buy notes too.

What is value of 1950 F US 10 dollar bill?

Ten dollar bills made in 1950 only went to the series letter E. You may be looking at the serial number, the plate number or another security feature.

Who is on the front of the million dollar bill?

It can have anyone you like, because there's no such thing as a real million dollar bill.

What does the red seal mean on a 1953 US 5 dollar bill?

The red seal indicates the bill is a United States Note, a form of currency printed from 1862 to about 1970. US Notes were a kind of parallel currency that circulated alongside FRN's until they were discontinued to reduce the overhead of printing multiple types of bills.

For values, please see the question "What is the value of a 1953 US 5 dollar bill with a red seal?" for more information.

How much is the 1934 10 silver certificate worth?

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.

What is the value of a 1996 100 dollar Federal Reserve Note?

Except for those with printing errors, all modern-date $100 bills are worth only face value unless they're uncirculated.

What is an example of a Federal Reserve note?

Every bill in your wallet should be a Federal Reserve Note. Since the end of the 1960s all US currency has been issued by the central bank.

Federal Reserve Notes are so-called "fiat" currency; that is, they are backed not by a tangible asset such as precious metal. Instead, the great majority of citizens accept that the US financial system is stable enough that its currency has a relatively fixed purchasing power.

What is the value of a 1932 US 500 dollar bill?

The US didn't print any paper money in 1932 due to the Depression. Please check your bill again and post a new question.

What is the value of a 1959 US 20 dollar bill?

The US didn't print any bills dated 1959. Please check again and post a new, separate question.

What is the value of a 1928 H US 2 dollar bill with a red seal?

Please check your bill again and post a new, separate question.

"G" is the highest series letter for 1928-dated $2 bills, and no date has an H letter.

What is the value of 2 dollar silver certificate 1890?

Could be a small fortune...

Could be worth something, depending on its condition and variety (signature combinations, variants, etc).

Send a scan, I appraise for free: support@papermoneysite.us and will buy notes too.