Colonial Acres Coins
SKU: SKU:Nov.Week1.P2-KB3209
Pair of 1957 USA $1 Silver Certificates with Blue Seal in Novelty Collector's Folder
Pair of 1957 USA $1 Silver Certificates with Blue Seal in Novelty Collector's Folder
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Pair of 1957 USA $1 Silver Certificates with Blue Seal in Novelty Collector's Folder
Between 1878 and 1964, the United States used silver certificates as part of its paper currency. This was in response to the Free Silver Movement, a political campaign that advocated for unlimited silver coinage. Obviously, this would have caused rampant inflation -- but supporters argued that this would be a good thing for the American economy. Initially, silver certificates were redeemable for their face value in silver coins or bullion; today, they are obsolete and only redeemable for their equivalent in Federal Reserve banknotes.
This novelty folder contains two circulated silver certificates dated 1957. One of them is a "star note," notable for the star at the start of its serial number that identifies it as a replacement for a destroyed note. The folder presents both notes with a little information on silver certificates and star notes.
Between 1878 and 1964, the United States used silver certificates as part of its paper currency. This was in response to the Free Silver Movement, a political campaign that advocated for unlimited silver coinage. Obviously, this would have caused rampant inflation -- but supporters argued that this would be a good thing for the American economy. Initially, silver certificates were redeemable for their face value in silver coins or bullion; today, they are obsolete and only redeemable for their equivalent in Federal Reserve banknotes.
This novelty folder contains two circulated silver certificates dated 1957. One of them is a "star note," notable for the star at the start of its serial number that identifies it as a replacement for a destroyed note. The folder presents both notes with a little information on silver certificates and star notes.
