1935A Slvr Cert

SOLD

$16.00 USD

This Auction Has Ended.
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Bid History
  • kjbay1388152$16.00 USD
  • tesarz34934$15.00 USD
  • tesarz34934$11.00 USD
  • Tdogwrci$10.00 USD
  • tesarz34934$7.00 USD
This Auction Ends: Tuesday Feb 13th 2018 06:53:06 AM PST

1935 A Series Silver Certificate
Additional Information
  • 1935A Series Silver Certificate

    This 1935-A Silver Certificate is a remarkable piece of American mint history. Silver Certificates were printed for a time in the United States as a form of paper currency. They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which placed the United States on the gold standard. The certificate was matched to the same amount of value in silver coinage. For example, one 50 Dollar Silver Certificate equaled fifty silver dollars.

    Silver Certificates: circulated, mainly in the $1 denomination, widely throughout the United States in the years following 1934. When the ′34s wore out, they were replaced with a new, more modern-looking Series 1953, with the same face changes as the Series 1950 Federal Reserve Notes had experienced. However, the Silver Certificates began to disappear from circulation during the 1940s and 1950s. The amount of Silver Certificates in circulation depended directly upon the amount of silver bullion in the Treasury vaults. As people redeemed the certificates for bullion or silver dollars, the notes were shredded, because the notes had lost their backing and could not be recirculated unless there was more silver being produced.


    • Silver Certificate
    • Year: 1935
    • Series: A


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