The silver certificate and the gold certificate were replaced by the Federal Reserve Dollar.
Silver certificates were never officially withdrawn. After the price of silver was deregulated the Treasury simply stopped redeeming them for silver metal and declared them to be equivalent to Federal Reserve Notes, with no precious-metal equivalency. Silver certificates gradually wore out and were replaced by new FRNs during the normal course of currency replacement. They occasionally showed up in circulation well into the 1970s, possibly later in some parts of the country.
The phase-out occurred over about a 2 year period during which both types of bill were printed. The 1957-B series of silver certificates continued to be issued up to mid-1965, while new FRN's started with the 1963 series. However, it was no longer possible to redeem the certificates for silver metal.
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.
The US did not make silver certificates in 1740.
Silver certificates were printed in the United States from 1878 until 1964. They were issued as a form of paper currency that represented a claim on silver held by the U.S. Treasury. The certificates were originally backed by silver bullion, and their issuance was part of the government's efforts to promote the use of silver in the economy. The last series of silver certificates was printed in 1957, and they were officially discontinued in 1968.
Silver certificates were never officially withdrawn. After the price of silver was deregulated the Treasury simply stopped redeeming them for silver metal and declared them to be equivalent to Federal Reserve Notes, with no precious-metal equivalency. Silver certificates gradually wore out and were replaced by new FRNs during the normal course of currency replacement. They occasionally showed up in circulation well into the 1970s, possibly later in some parts of the country.
The phase-out occurred over about a 2 year period during which both types of bill were printed. The 1957-B series of silver certificates continued to be issued up to mid-1965, while new FRN's started with the 1963 series. However, it was no longer possible to redeem the certificates for silver metal.
The first $1 U.S. silver certificates were introduced in 1886. No certificates have been redeemable for silver since 1968.
About $1.25. A dealer will pay face value only. 1957 silver certificates were saved in large numbers when they were replaced with Federal Reserve Notes, so they are very common among collectors.
Silver certificates are a form of representative money used in place of actual physical silver, you can buy them on ebay.
The Silver Spoon - 1934 is rated/received certificates of: UK:A
The Silver Lining - 1919 is rated/received certificates of: UK:U
The Silver Trail - 1937 is rated/received certificates of: USA:Approved
Silver City - 1969 is rated/received certificates of: Taiwan:GP
Silver Street - 2009 is rated/received certificates of: USA:R
The Silver Greyhound - 1919 is rated/received certificates of: UK:U
The Silver Greyhound - 1932 is rated/received certificates of: UK:U