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The certificates were initially redeemable for their face value of silver dollar ... have a blue Treasury seal and serial numbers. ... blue $1 1935-G to 1957-B ...
A year later, in 1935, the design of the one-dollar bill was changed again. On the obverse, the blue numeral 1 was changed to gray and made smaller, the gray ONE to the right was removed, the Treasury seal was made smaller and superimposed by WASHINGTON D.C., and a stylized ONE DOLLAR was added over the treasury seal.
At first, the banknotes circulated at par with the stated value, however after a few months they started depreciating until they became almost worthless. The United States agreed to redeem the notes for treasury bonds at 1% of the face value. The issued denominations ranged from $1 /6 to $80.
The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range from $550 to $2,500. The values are the same whether the bill has a red or brown seal.
The certificates were initially redeemable for their face value of silver dollar coins and later (for one year – 24 June 1967 to 24 June 1968) in raw silver bullion. [12] Since 1968 they have been redeemable only in Federal Reserve Notes and are thus obsolete, but still valid legal tender at their face value. [12]
Value Dimensions Main Color Description Date of Catalog # Obverse/Reverse Obverse Reverse Watermark printing issue withdrawal $1 silver certificate: 6.140 in × 2.610 in (155.956 mm × 66.294 mm) Green; Black George Washington: Great Seal of the United States: None June 25, 1942 April, 1946 Friedberg F-2300 Friedberg F-2300* [6] $5 Federal ...
A one-dollar bill, the most common Federal Reserve Note . Federal Reserve Notes are the currently issued banknotes of the United States dollar. [1] The United States Bureau of Engraving and Printing produces the notes under the authority of the Federal Reserve Act of 1913 [2] and issues them to the Federal Reserve Banks at the discretion of the Board of Governors of the Federal Reserve System. [2]
The seal was printed with a toothed outer edge, and other than the color were the same across all styles of currency. Federal Reserve Notes were issued with a green seal, silver certificates with a blue seal, gold certificates with an orange seal, United States Notes with a red seal, and National Bank Notes and Federal Reserve Bank Notes with ...