April 26, 2024
$1 1928A SILVER CERTIFICATE PCGS 65PPQ AMAZING ULTRA GEM
Pricing & History
-
Sold for
Start Free Trial or Sign In to see what it's worth.
- Sold Date
- Source eBay
This auction represents the best of the best. Rarity, desirability, flashy ink colors, margins, originality, and opportunity merge in this exciting wondrous beauty. Problem free ultra gem. Silver Certificates were authorized by Congressional Acts of Feb. 28, 1878 and Aug 4, 1886. In 1878, the U.S. economy was doing quite well and the need for silver coinage outstripped the available supply. The idea was not to replace coins, but to create an easier method of exchange. The government would hold the equivalent amount of silver coins and bullion and promise to redeem the certificates on demand. Due to the Silver Purchase Act of 1934, the redemption clause was changed to allow redemption in Silver Dollars or Silver bullion and in March 1964, the Secretary of the Treasury halted redemption in Silver Dollars. Silver Certificate legislation was abolished by Congressional Act June 4, 1963 and all redemption in silver was halted in June 24, 1968. Small size silver certificates Small size silver certificates were issued in denominations of $1, $5 and $10 in series 1928, 1933, 1934, 1935, 1953, and 1957. The obligation on the 1928 series silver certificates stated that they were redeemable for "One Silver Dollar", which was changed in 1934 to read "One Dollar in Silver."
Items in the Price Guide are obtained exclusively from licensors and partners solely for our members’ research needs.
If this item contains incorrect or inappropriate information please contact us here to flag it for review.
If you are the originator/copyright holder of this photo/item and would prefer it be excluded from our community, contact us here for removal.
If you are the originator/copyright holder of this photo/item and would prefer it be excluded from our community, contact us here for removal.
