Ads
related to: 1957 blue seal dollar value chart by year
Search results
Results From The WOW.Com Content Network
This freed the Treasury from storing bags of silver dollars in its vaults, and allowed it to redeem silver certificates with bullion or silver granules, rather than silver dollars. Years after the government stopped the redemption of silver certificates for silver, large quantities of silver dollars intended specifically to satisfy the earlier ...
On banknotes of the United States dollar, the series refers to the year appearing on the obverse of a bill, indicating when the bill's design was adopted. The series year does not indicate the exact date a bill was printed; instead, the year indicates the first year that bills of the same design were originally made.
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.
The values are the same whether the bill has a red or brown seal. An original uncirculated $2 bill from 1862 ranges in value from $500 to more than $2,800. You might get $3,800 or more for an 1869 ...
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 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 ...
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.
The blue seal had George Washington on the reverse. 1886: The first $5 silver certificate was issued with a portrait of Ulysses S. Grant on the obverse and five Morgan silver dollars on the reverse. 1890: Five-dollar Treasury or "Coin Notes" were issued and given for government purchases of silver bullion from the silver mining industry.