1957A $1 Star Note currency Silver Certificate 1957A * Replacement Note

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1957A $1 Star Note currency Silver Certificate 1957A * Replacement Note serial number * xxxxxxxx A ending in ASilver Certificates 1957A series, why are these STAR NOTES a very important part of history and are very collectible.A law passed by the Congress was approved by the President on July 30, 1956, declaring IN GOD WE TRUST the national motto of the United States. IN GOD WE TRUST was first used on paper money when it appeared on the back of the one-dollar 1957 silver certificate, which was produced on October 1, 1957.1957A Star Notes (replacement Notes) only 6% were produced of the total quantityAs a part of the BEP modernization program new high-speed rotary intaglio printing presses were used to print the 1957 silver certificates. These allowed BEP to print currency by the dry intaglio process, 32 notes per sheet. The 1957 one-dollar silver certificates were the first denomination printed on the new high-speed presses.These 1957 silver certificates were the last issued by the US government to be backed by actual silver. Silver certificates, also known as Blue Seals and Blue Seal Notes, are still legal tender but since 1968 are redeemable only for Federal Reserve Notes and may no longer be exchanged for silver. Although still considered a valid currency, Silver Certificates have not been issued since 1965.1957 Star Notes (replacement Notes) only 12% were produced of the total quantityWhat is a STAR Note:When a bill is damaged in printing it is replaced by another called a "replacement note" which contains a STAR (asterisk) in the serial number. This method is used for counting the notes. For silver certificates this star (asterisk) appears at the beginning of the serial number.Redemption of Silver Certificates for Silver Dollars and granules: Do the math how many " STAR NOTE " silver certificates DO YOU THINK SURVIVED ?Not everybody knew what a STAR note was, it's unknown how many were redeemed for silver even collector's turned them in. In 1964 the redemption was halted for silver certificates to be turned in for silver dollar coins. During the next (4) years silver certificates were redeemable for silver granules which ended June 24 th 1964.Federal Reserve Act authorized the issue of $1 and $2 Federal Reserve notes removing the words SILVER CERTIFICATE. The silver certificate had effectively been retired from use for over (50) years now. However, the using of STAR notes in the Federal Reserve has continued.Silver certificates star notes are very collectible today and will be in the future.How long is the lifespan of U.S. paper money?When currency is deposited with a Federal Reserve Bank, the quality of each note is evaluated by sophisticated processing equipment. Notes that meet the strict quality criteria--that is, that are still in good condition--continue to circulate, while those that do not are taken out of circulation and destroyed. This process determines the lifespan of a note. One Dollar notes estimated lifespan 6.6years.Do the math how many " STAR NOTE " silver certificates DO YOU THINK SURVIVED ?Will be Shipped ProtectedVisit My eBay Store: Collectors Selloff , for exciting items, I will be adding many items every week, I am selling off my personal collection which has been in the family since 1921. ADD MY STORE to your FAVORITE SELLER List. Follow my store and be the first to see what is new. Featuring very interesting and unique collectibles. Also, please check my feedback rating and buy with confidence ....... I appreciate your business, thank you!!I am not an expert on any of the items I'm selling. I describe the items the best of my ability and as accurately as possible.https:///Collectorsselloff/str/collectorsselloff read more

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