Silver certificates were a type of paper money issued in the United States between 1878 and 1964. They represented a claim to a specific amount of silver bullion. Although you can’t redeem them for silver anymore, many collectors still value them.
Most Valuable and Rare $1 Silver Certificates
1886 $1 Silver Certificate (Martha Washington)
- Value: $225 – $2,850
- Description: This certificate features Martha Washington’s portrait and is one of the earliest $1 silver certificates. It’s highly collectible, especially if it’s in perfect condition.
1896 $1 Silver Certificate (Educational Series)
- Value: $215 – $2,950
- Description: Known for its beautiful design, this certificate includes allegorical figures like Science and History. Martha and George Washington appear on the back.
1899 $1 Silver Certificate (Black Eagle)
- Value: $100 – $625
- Description: This note, called the “Black Eagle,” features a large eagle and portraits of Lincoln and Grant. It’s one of the most recognizable silver certificates.
1923 $1 Silver Certificate
- Value: $37.50 – $195
- Description: This is the last of the large-sized silver certificates. It’s less valuable but still collectible, especially in excellent condition.
1928 $1 Silver Certificate (Funnyback)
- Value: $30 – $90
- Description: Known as the “Funnyback” because of its unique back design, the 1928 series was the first small-size silver certificate. Rarer versions like 1928C, 1928D, and 1928E can be worth more.
1934 $1 Silver Certificate
- Value: $30 – $100
- Description: This certificate features a large blue “1” on the left side. It has a unique design compared to other silver certificates.
1935 $1 Silver Certificate
- Value: $2 – $1,400+
- Description: The 1935 series is common, but special varieties like the 1935A “Hawaii” or “North Africa” emergency notes, and Star notes, can be very valuable.
1957 $1 Silver Certificate
- Value: $1.50 – $17.50
- Description: This series is one of the most common. Notes in perfect condition are worth more, but they are generally less valuable than older series.
1928A $1 Silver Certificate (Replacement Note)
- Value: $40.50 – $3,750
- Description: Replacement notes from this series are rare and highly sought after, especially in uncirculated condition.
1935A $1 Silver Certificate (Experimental R and S Notes)
- Value: $108 – $20,400
- Description: These experimental notes were printed on different paper types during WWII. They are extremely rare and very valuable.
Notable $1 Silver Certificate Values
| Year/Series | Description | Value Range (USD) |
|---|---|---|
| 1886 | Martha Washington | $225 – $2,850 |
| 1896 | Educational Series | $215 – $2,950 |
| 1899 | Black Eagle | $100 – $625 |
| 1923 | Last Large Size Note | $37.50 – $195 |
| 1928 | Funnyback | $30 – $90 |
| 1934 | Unique Blue Number | $30 – $100 |
| 1935 | Various (including Hawaii) | $2 – $1,400+ |
| 1957 | Common Series | $1.50 – $17.50 |
| 1928A | Replacement Note | $40.50 – $3,750 |
| 1935A | Experimental R/S Notes | $108 – $20,400 |
Collecting $1 silver certificates is a fascinating way to explore American history. Some notes may have modest value, but others, especially rare ones or those with unique features, can be worth a lot. Whether you’re a seasoned collector or just starting, understanding these notes’ history and condition can help you get the most out of them
1. What are $1 silver certificates?
$1 silver certificates were paper money issued in the U.S. that could be exchanged for silver bullion. They are now mainly collectible.
2. Why are some $1 silver certificates worth so much?
Their value depends on rarity, condition, and specific series features. Rare series or well-preserved notes can be very valuable.
3. How can I tell if my $1 silver certificate is valuable?
Check its series, condition, and any unique features. Rare series and notes in excellent condition are generally worth more.
4. Can I still exchange $1 silver certificates for silver?
No, you can no longer redeem them for silver. Their value now is primarily for collectors.
5. Where can I find more information about $1 silver certificates?
You can check with coin and currency dealers, collectors’ guides, or online resources to learn more about their value and history.
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