$1 1928A-B SILVER CERT CHANGEOVER PAIR PMG 64/65 EPQ

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An unrivaled early silver certificate changeover pair in fabulous certified grade. $1 silver certificate changeovers are unbelievably rare and underated compared to virtually everything. Only the second pair ever found on this block. Here is the chance of a lifetime! Like seven in dice, a royal flush in poker, or a jackpot at the slot machine, changeover pairs are scarce random occurrences, prized by paper money collectors everywhere! Scarce and seldom seen, these notes have been together since they were first printed nearly 70 years ago. But you may wonder what a changeover pair is... It happens when the last sheets of an older series mixes with the first sheets of a new series. As you know, when a minor design change is made to a note, a letter is added to the series year. The last sheets of Series 1934 notes & the first sheets of 1934A notes were printed at the same time. As a result, some 1934s got mixed in with 1934As, so when the sheets were overprinted with the serial numbers and cut into individual notes, a limited number of random consecutively numbered changeover pairs were created, for example: Series 1934A A84119875A, 1934 A84119874A (forward pair). Of the limited number of 1934 & 1934A changeover pairs created, most were broken up and went into circulation long ago. An amazing find and collecting opportunity! 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 fifty dollar Silver Certificate equals fifty silver dollars . There are a few features that distinguish a Silver Certificate. The seal and serial numbers on many of the first Silver Certificates issued were red, brown, and blue. It was not until Series 1899 for the $1, $2, and $5 denominations that the seal and number colors were officially and permanently changed to blue. (This occurred at different points for denominations above $5). During World War II the government issued 1935a Silver Certificates with a brown seal for Hawaii distribution and 1935a certificates with a yellow seal for North Africa distribution. The idea was that if these areas fell into enemy hands during the war, the money would be able to be easily identified and cancelled so as to prevent large monetary losses. The obligation of a certificate states how much of a specific commodity the government of a country will "pay to the bearer." On most large-size Silver Certificates, the obligation reads: "This certifies that there have/has been deposited in the Treasury of the United States of America (number) silver dollar(s) payable to the bearer on demand." On small-sized Silver Certificates beginning with Series 1934, in order to denote current location of deposit, it was changed to read: "This certifies that there is on deposit in the Treasury of the United States of America (number) dollar(s) in silver payable to the bearer on demand." The " Coinage Act of 1873 " placed the United States on the gold standard, which replaced the bimetallic ( silver and gold ) standard that had been created by Alexander Hamilton . Many of the poorer citizens saw this as a "crime," and silver agitation began. The Bland-Allison Act , as it came to be known, was passed by Congress on February 28, 1878. It did not provide for the "free and unlimited coinage of silver" demanded by Western miners, but it did require the United States Treasury to purchase between $2 million and $4 million of silver bullion from mining companies in the West. The silver coins that were to be minted would be legal tender for all debts, like gold. These coins, however, were quite heavy, so the government applied their gold certificate strategy to the silver. Suppose that there were five silver dollars in the treasury. The government would print a $5 Silver Certificate against the doll... read more

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