99c Auction.

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You will receive the note pictured. Please judge condition from photos.


Silver Certificates Silver certificates were a form of representative currency issued in the United States from 1878 to 1964. They were introduced in response to public discontent with the Fourth Coinage Act, which had effectively placed the country on a gold standard. The certificates were initially redeemable for silver dollar coins at face value and, for a brief period from June 24, 1967, to June 24, 1968, they could also be exchanged for silver bullion. Since 1968, they have been redeemable only for Federal Reserve Notes, making them obsolete as a direct claim on silver, though they remain legal tender at face value and are still accepted as currency. The larger silver certificates, measuring about 1.5 inches (38 mm) longer and 0.5 inches (13 mm) wider than modern U.S. bills, were issued between 1878 and 1923 in denominations ranging from $10 to $1,000. In 1886, the $1, $2, and $5 denominations were also authorized. In 1928, the U.S. redesigned all banknotes and reduced their size. The smaller silver certificates, issued from 1928 to 1964, were primarily available in $1, $5, and $10 denominations. A complete set of these certificates is part of the National Numismatic Collection at the Smithsonian's National Museum of American History.


This is an excellent note to add to your collection.


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