How Much Is a Dollar Silver Certificate Worth?

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How Much Is a Dollar Silver Certificate Worth?

Until the 1960s, the United States printed "silver certificates" as paper currency and guaranteed that a $1 silver certificate could be exchanged for a silver dollar. Now, silver certificates carry no more value than any $1 bill, except to a collector.

  1. History

    • In 1968, after the metal in a silver dollar became worth more than $1, Congress ended the silver guarantee. Millions of silver certificates no longer could be exchanged for a silver dollar--or even a dollar's worth of silver at the prevailing rate.

    Collectible Value

    • Most silver certificates from the 1935 and 1957 series are worth no more than $1.25 or so. A 1928 series certificate is worth about $10, and some are worth more. Check RonsCurrency.com for a chart with more detailed information.

    World War II Oddities

    • During World War II, military personnel in Hawaii were paid with bills stamped "Hawaii," and soldiers in North Africa got bills with a yellow seal. These bills carry more value for collectors.

    Other Denominations

    • Silver certificates also were printed in $5 and $10 denominations. A 1933 series $10 silver certificate is worth $1,500 or so.

    General Value Rule

    • For online sales sites, the older your silver certificate, the better chance you have for getting a premium. Coin and currency dealers are likely to pay only slightly more than $1--if the bills are in very good condition.

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  • Photo Credit Hemera Technologies/AbleStock.com/Getty Images

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