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View Full Version : my friend just got an original note that says it can be turned in for silver ...




haaaylee
01-31-2008, 01:16 AM
it was the most amazing thing i've ever seen.

it says federal reserve on it nowhere.


it literally says it's redeemable for silver.


if anyone wants to purchase it's up for grabs.


personally i'd frame it.. but to each their own i suppose.

steph3n
01-31-2008, 01:19 AM
too bad they made them invalid :(

faisal
01-31-2008, 01:22 AM
how much?

AmyPA
01-31-2008, 01:23 AM
you can buy them on ebay or from most any currency dealer, usually for not much more over face value. depends on the year and overall condition of the note. they're always neat to have though - if your friend doesn't want it, i'd hang on to it.

I used to collect paper money, but my brother stole most of it, so I eventually gave up on the hobby. :rolleyes:

haaaylee
01-31-2008, 01:26 AM
he said something about 50 bucks, i mentioned i bet a ron paul supporter would pay far more than that.

MooCowzRock
01-31-2008, 01:30 AM
it was the most amazing thing i've ever seen.

it says federal reserve on it nowhere.


it literally says it's redeemable for silver.


if anyone wants to purchase it's up for grabs.


personally i'd frame it.. but to each their own i suppose.

yeah, i got a silver certificate recently, too...they dont go for more than a couple dollars tho...about a dollar fifty for a used one, and 5 dollars at most for one in mint condition...If ever I get a chance to meet Ron Paul, I want him to sign it...

I'm willing to buy it if its in good condition and depending on the price.

driller80545
01-31-2008, 01:40 AM
I can remember when all paper money were silver certificates. Not that long ago.

tomahawk
01-31-2008, 01:58 AM
you mean like these two
http://i2.photobucket.com/albums/y19/tomahawk21/silver.jpg

BreakYourChains
01-31-2008, 02:00 AM
Yes. I had some too, all stolen, along with all of my silver coins I had collected.

ProfNo
01-31-2008, 02:00 AM
you mean like these two
http://i2.photobucket.com/albums/y19/tomahawk21/silver.jpg

Imagine, a dollar that actually was worth something real and tangible. Those were the days.

vanadium
01-31-2008, 02:01 AM
They're invalid for redemption per the switch off silver in 1964. I've owned hundreds of those before.

tomahawk
01-31-2008, 02:06 AM
yup....but I'm still going to hang onto them

r3volution
01-31-2008, 02:27 AM
i have a few , they are collectors dollars now days . not worth much though because there are still some in circulation . $20 for a mint circulation seems fair , not $50 though .
but like every1 else said there worth noting other than collector value which is not much .
did Kennedy issue these ?

Edu
01-31-2008, 04:54 AM
They are great for showing people how the dollar could be, and a conversation starter for federal reserve discussions.

Pete
01-31-2008, 05:12 AM
This discussion caused me to reflect on how TPTB wreak their havoc over multiple generations, and human life and memory is so short that it largely goes undetected.

Yep, these were the norm when I was a kid, along with silver coins that made a nice jingle in the pocket.

Xenophage
01-31-2008, 05:26 AM
I've seen a lot of these as well as old gold and silver coins.

I think the oldest bill I've seen was from the early 1800's, around 1820 or so. Pretty cool stuff.

Quarters made with silver. Pennies made with copper. Its ridiculous that pennies, being pegged to the value of the dollar, are worth less nowadays than their raw materials. It boggles the mind.

haaaylee
01-31-2008, 10:14 AM
you mean like these two
http://i2.photobucket.com/albums/y19/tomahawk21/silver.jpg


yep exactly like those. i wish i had one.

jdmyprez_deo_vindice
01-31-2008, 10:19 AM
yep exactly like those. i wish i had one.

Just hit ebay or even better, hit up a local auction house. They are very common and can usually be had for a very low price. Start with the 1957 series as they are easiest to find and by far the most inexpensive. Just dont let your new hobby control your life like I do lol

tomahawk
01-31-2008, 08:19 PM
I just noticed looking at my picture....whats the difference between a 1957 and 1957 A?

kyleAF
01-31-2008, 08:33 PM
"One Dollar in Silver Payable to the Bearer on Demand"

That's beautiful...

SigurdVolsung
01-31-2008, 08:35 PM
My dad just bought about 5 of those and 5 1934 5 dollar bills which also have the payable in silver thing to them.

driller80545
01-31-2008, 08:38 PM
Some of them used to say "Silver Certificate" right across the top. oops these do too, sorry

markj
01-31-2008, 08:42 PM
Just get the real deal!

Like these!

http://www.pcsincnet.com/MyFirstSilverLibertyFront.jpg
http://www.pcsincnet.com/MyFirstSilverLibertyBack.jpg

http://www.pcsincnet.com/FirstLibertySilverRounds.jpg

Or better still! :cool:

http://www.pcsincnet.com/MyRonPaulSilverRoundFront.jpg

http://www.pcsincnet.com/MyRonPaulSilverRoundBack.jpg

dsentell
01-31-2008, 08:42 PM
".7723 oz of Pure Silver SHOT or Nuggets! One Dollar In Silver Nuggets! This amount of silver was given in exchange as silver certificate were redeemed. As approved by Secretray of the Treasury June 4, 1963, Public Law 88-36. May be secured only by presenting in person one silver certificate to United States Assay Office, 115 Hermann Street, San Franciso, CA at the monetary value of a $1.29 per fine troy ounce on or before June 24, 1968. In glass tube with certificate. "http://www.apmex.com/Resources/Catalog%20Images/Products/24291a.jpg

http://www.apmex.com/Resources/Catalog%20Images/Products/24291.jpg

http://www.apmex.com/Resources/Catalog%20Images/Products/24291b.jpg

www.apmex.com

Thom1776
01-31-2008, 08:44 PM
THIS is why Kennedy was assassinated:

http://www.dollardaze.org/blog/posts/2007/October/19/1/Kennedy5DollarLarge.jpg

slamhead
01-31-2008, 08:45 PM
It is called a silver certificate. I have a $5 silver certificate.

slamhead
01-31-2008, 08:47 PM
[QUOTE=markj;1140256]Just get the real deal!

Like these!

http://www.pcsincnet.com/MyFirstSilverLibertyFront.jpg


I have one of those....

affa
01-31-2008, 08:47 PM
THIS is why Kennedy was assassinated:

http://www.dollardaze.org/blog/posts/2007/October/19/1/Kennedy5DollarLarge.jpg

explain?

affa
01-31-2008, 08:49 PM
United States Note.... hmmm.

Thom1776
01-31-2008, 08:50 PM
THIS is why Kennedy was assassinated:

http://www.dollardaze.org/blog/posts/2007/October/19/1/Kennedy5DollarLarge.jpg

Here is an article on Kennedy's executive order which created the NON-Federal Reserve Notes: http://en.wikipedia.org/wiki/Executive_Order_11110

In less than six months after issuing the order, he was dead, and so were the notes.

dsentell
01-31-2008, 08:50 PM
explain?

He had the government start printing up United States Notes, and started putting them in circulation.

Seems the Federal Reserve was not too happy with the competition. . .

HippyInASuit
01-31-2008, 08:55 PM
That dollar was worth nearly $17 of todays fiat!

affa
01-31-2008, 08:59 PM
Here is an article on Kennedy's executive order which created the NON-Federal Reserve Notes: http://en.wikipedia.org/wiki/Executive_Order_11110

In less than six months after issuing the order, he was dead, and so were the notes.

Yea, actually, immediately after posting I remembered this. It had somehow fallen out of my memory. Thanks for refreshing it.

DrCap
01-31-2008, 09:03 PM
There were also gold certificates made, but you should recall that these are only valuable as a collectable now, like beanie babies. You really should get the real thing, as these are only pretty papers now.
I remember my grandparents talking about getting these and gold coins for their wedding (before the 1st depression) and later how they would talk about how the government told them all their gold had to be turned infor paper money by a certain time, and it would be 'worthless' according to the government at the time. So like good Americans who believed their government, they turned in all their metal for paper... Later by the 1980's my Grandparents were really pissed off about what they were swindled out of by their government. che peccato

sorry I don't know how to post pictures... do a web search for image of 'gold certificate'

Phenom24
01-31-2008, 09:11 PM
My grandfather just recently gave me a bunch of those..

1935 and 1957 $1 silver certificates

Red ink $2 and $5 1953 United States notes

A $10 1934 silver certificate


Haha and a Canadian dollar bill (worth more than ours now anyway)

:P

ddoggphx
01-31-2008, 09:18 PM
it was the most amazing thing i've ever seen.

it says federal reserve on it nowhere.


it literally says it's redeemable for silver.


if anyone wants to purchase it's up for grabs.


personally i'd frame it.. but to each their own i suppose.


I had one when I was a kid...my dad always told me to cherish it. Some ahole stole it.

Silver Certificate. That was in the mid-seventies when you could still find em in circulation. I haven't seen one since.

jdmyprez_deo_vindice
01-31-2008, 09:41 PM
I just noticed looking at my picture....whats the difference between a 1957 and 1957 A?

The difference between the bills is the series number. Paper currency always retains the same date on a bill until there is a major change in the design. For example, a bill dated 1928 could have been printed in the 1930's or beyond. When there is only a small change in the design they just issue a letter behind the date (series number). In this instance it would be 1957A. The difference between the two bills lies in the fact they they were issued under two different Secretaries of the Treasury so one has the initial design date of 1957 while the other has a different Secretary's name on it (which the treasury considers a small change) leading to the 1957A marking.

kutibah
01-31-2008, 10:03 PM
There's also some gold certificates in circulation. But they are VERY overpriced on eBay...