Is a 1957 silver certificate $1 bill worth anything?
So let's talk about the common ones first. Any silver certificate from 1957 or 1935 is extremely common. That also goes for any combination of letters like 1957B or 1935F. They are all worth around $1.50 in circulated condition and about $5 in perfect condition.
A well-worn 1957 $1 Silver Certificate that isn't graded by PCGS Banknote but has no rips, tears, or stains is usually worth around $1.50 to $2. Heavily worn 1957 $1 bills, such as those that are rag-like in appearance, are discolored, and/or have handwriting are generally worth only face value.
The certificate was once redeemable for silver, but can now be exchanged for its face value. In many cases, though, collectors will purchase them for much more.
Generally speaking, most silver certificate dollar bills are worth between a few dollars to a few hundred dollars. If you have a silver certificate dollar and want to know its value, it's always best to have an expert appraise your specific bill to determine its worth accurately.
The condition of the bill greatly affects its value. From the images, your bill appears to be in circulated condition, with some wear and creases.In general, 1957B Silver Certificates in average circulated condition are typically valued between $2 to $4. Uncirculated notes can fetch around $10 to $15.
Any silver certificate from 1957 or 1935 is extremely common. That also goes for any combination of letters like 1957B or 1935F. They are all worth around $1.50 in circulated condition and about $5 in perfect condition. These can be bought by the 100s at shows or coin shops.
- Condition. A mint condition certificate holds a higher value.
- Rarity. Less common designs and series command higher prices.
- Historical importance. Certificates with historical significance attract more interest and higher value.
Since 1968 they have been redeemable only in Federal Reserve Notes and are thus obsolete, but still valid legal tender at their face value and thus are still an accepted form of currency. The $1 silver certificate from the Hawaii overprint series.
- The Series date located near the photograph of George Washington must read “Series 2013”
- The bill must have a “B” Federal Reserve Seal above the serial number.
As a quick tip, most Morgan and Peace dollars from 1878 and newer will be worth just a small premium over their silver value. However, never make the mistake of selling a dollar coin from 1877 or older just for silver. Those types of coins always have a collector value.
Are silver certificates worth keeping?
Depending upon the condition and year of issue of a given note, silver certificates can still be highly collectible. Issued from the years 1878-1964 by the United States, these notes were backed by silver and were able to be redeemed for what their face value was worth in silver coins.
Unless there's a unique feature on the bill, like a low serial or a misprint, a newer $2 bill is likely not worth much more than $2, even if it's uncirculated.
Serial Number
A unique combination of eleven numbers and letters appears twice on the front of the note. Each note has a unique serial number. The first letter of the serial number corresponds to the series year.
A1: In circulated condition, a 1957 $1 Silver Certificate is typically worth between $2 and $5, depending on the serial number and overall condition. Higher-grade notes can be worth more.
“A serial number '1′ for a 1976 $2 bill would be worth $20,000 or more,” Dustin Johnston, vice president of Heritage Auctions, told MarketWatch.
There are three things to look for in identifying dollar bills worth up to $150,000: The series date located near the photograph of George Washington must read “Series 2013″ The bill must have a “B” Federal Reserve Seal above the serial number.
These silver certificates are typically worth a small premium over face value, with circulated certificates typically selling for $1.25 to $1.50 each. Meanwhile, uncirculated silver certificates can be worth between $2 and $4 apiece.
Banks generally do not sell silver dollars; explore specialized dealers instead. Consider purchasing silver coins from reputable sources like Accurate Precious Metals. Understand the value of silver coins based on condition, rarity, and market price.
At U.S. Coins & Jewelry, we buy and sell a large selection of collectible US Currency from small size silver certificates to large size treasury notes, banknotes, and even confederate currency.
Silver certificates are no longer redeemable for silver coins or silver bullion. However, all silver certificates are considered legal tender and can be redeemed at any financial institution for their face value in equivalent current coin or paper money.
Are $2 silver certificates worth anything?
If your $2 bill dates back to 1886 and has a red seal with a silver certificate, you're in luck. That bill is worth $4,500. A number of other iterations of the $2 bills with a red seal can also fetch well over a $1,000. Bills with brown seals are also very valuable.
A silver certificate is still legal tender in the United States, any bank should take it for face value in exchange for equal face value of any us currency that is still current.
In March 1964, the U.S. Treasury Secretary announced that silver certificates would no longer be redeemable for silver dollars. Today silver certificates can be redeemed for their face value in cash only.
So, star bills are not truly rare, and not worth more than the face value, monetarily. Face value only. A star at the end of a serial number means it's a replacement for a bill that was damaged during printing.
Generally, common 1957 Silver Certificates in circulated condition are worth around $1 to $3 each. If they are in uncirculated condition, they can be worth more, typically ranging from $3 to $10 each or more depending on demand and specific grading.