How To Determine The Federal Reserve On A $1 Silver Cert.

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Author	Replies: 3 / Views: 1,397
chetzler Valued Member United States 206 Posts	Posted 05/16/2014 02:09 am I recently expanded my numismatic horizons into paper money. I thought I'd start with something simple (and relatively inexpensive): $1 notes. I have a series 1935E silver certificate and the first letter of the serial number is a "P". I thought the Federal Reserve IDs only ranged from A-L. This must not be the case for older notes. All I can think of is that "P" is for Philadelphia. Can someone educate me please? Thanks, -Chris Report this Post to the Staff

CelticKnot Bedrock of the Community United States 12817 Posts	Posted 05/16/2014 02:29 am chetzler - Because Silver Certificates are not Federal Reserve Notes, they were not issued by the Federal Reserve Banks. Thus I don't believe the first letter of the serial of your Silver Certificate has any relation to a bank or region and is probably just a sequential thing to identify number blocks. Report this Post to the Staff
chetzler Valued Member United States 206 Posts	Posted 05/16/2014 1:29 pm Ah, thanks! That makes perfect sense! I'll have to re-tool the database I'm using to track these things. I guess I didn't notice this on my other silver certificates because they all started with a letter that could have been a Federal Reserve Identifier. Report this Post to the Staff
half n a half Valued Member United States 369 Posts	Posted 05/18/2014 3:11 pm And another note, the serials on silver certificates are "backwards" as compared to Federal Reserve Notes. So Instead of how FRNs follow the pattern A...A being followed by A...B, Silver certificates go A...A to B...A, C...A, etc. Once Z...A was reached (and they did use Z back then) it would be followed by A...B and so forth. A really good explanation is here: http://www.uspapermoney.info/general/number.html Report this Post to the Staff
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