the green sealed bills we use today to perform transactions across America,
there was a time when the public used cash in the form of notes that carried
terms such as Silver Certificate and Gold Certificate on them. The Silver Certificate
was a legal tender note that began it's emergence into the American economy
in the late 19th century. The point of using the Silver Certificate was so the
public could feel confident that the paper money they were carrying actually
represented something similar to the coins they were carrying, which contained
silver and gold; precious metals used for dozens of centuries to purchase goods
and services throughout the world.
It is stated
quite clearly on the Silver Certificate small notes from the 1928 series, to
use one example, that, "THIS CERTIFIES THAT THERE HAS BEEN DEPOSITED IN THE
TREASURY OF THE UNITED STATES ONE SILVER DOLLAR PAYABLE TO THE BEARER ON DEMAND."
The many other types of the Silver Certificate, both large and small notes,
and in all denominations, carrying the Silver Certificate label, provide some
variation of this statement, thus giving the public an opportunity to redeem
any of the paper notes, at any of the Treasury of the United States offices
across the country, for real silver comparable to the amount of the Silver Certificate.
Certificate has been rendered obsolete by an act of Congress on June 4, 1963
and another act of Congress on June 24, 1968 created an official end to the
practice of transferring the notes into silver. However, neither of these acts
abolishes the legal tender status of the Silver Certificate, as they still can
be used in transactions to purchase goods and services across the United States
to this day.
It is suggested
that instead of using you old Silver Certificate to buy a pack of gum, you bring
it in to one of the numismatic and notaphilist experts at Nevada Coin & Jewelry,
where we can examine it for a value more than just its face value. The average
Silver Certificate will trade on the open collectible market for at least 5
percent above its face value and could be considerably more. Currency collecting
is considered the "hobby of kings" and at Nevada Coin & Jewelry, we have many
experts on the subject.
your Silver Certificate in to any of the Nevada Coin & Jewelry locations in
the greater Las Vegas area and put our expertise to work for you today. Who
knows? Perhaps your Silver Certificate might just be worth gold!
30 Years Buying Precious Metals in Las Vegas Valley
The owner of the original Jewelry Exchange, founded in 1984, brings state of the art digital jewelry buying into a new millennium at Nevada Coin & Jewelry. Read more
Blue Diamond Store4150 Blue Diamond Rd. Suite 108
Las Vegas, NV 89139
(Between Target & Kohls
Near the Silverton Casino) (702) 220-4653
Monday - Friday 10:00 am - 6:00 pm
Saturaday 10:00 am - 3:00 pm