$1 1935A SILVER CERTIFICATE PCGS 64PPQ

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  • Item Category: Coins & Currency
  • Source: eBay
  • Sold Date: Dec 10, 2012
  • Channel: Auction House

An unrivaled early silver certificate in fabulous certified grade. Wonderful appearence is noticed. Truly a magnificent showpiece.

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
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