What Is The Value Of A Silver Certificate

In 1967 congress passed legislation that allowed for silver certificate holders to redeem the bills for silver only until june 24 1968.

For example the common 1935 and 1957 certificates would sell for 1 25 to 1 50 in average circulated condition. However most examples trade for 100 500. The value of large sized silver certificates issued through 1923 ranged between 1 and 1 000. The large format notes were called house blankets or horse blankets and the last 1 silver certificate issued in that format can garner 20 to 40 depending upon the condition.

A note of this type in uncirculated condition would fetch a bit more perhaps 2 00 to 4 00. Face value 80. These can be worth over 1 000 if they are in perfect condition. Uncirculated certificates of any age are generally more valuable than similar certificates that have been in circulation.

While the value of silver has increased since the bills were issued their face value remains 1. Face value 80. The typical silver certificate value today depends primarily on two things. If you surrender your silver certificate to a bank teller today she ll pay you only the face value 1 for it.

RELATED ARTICLE :

• what to do in salem ma in october
• what to do if your ear feels clogged
• what to do in las vegas besides gambling

Very rare certificates can fetch prices of tens of thousands of dollars but most certificates cost much less. It is from a one year design type known as the educational series. 1899 1 these large format bills featured a bold design with a bald eagle where modern consumers would expect to see george washington. These silver certificates are typically worth a small premium over face value with circulated certificates typically selling for 1 25 to 1 50 each.

Most silver certificates are worth only a small premium over their actual face value. Face value 80.