Amnesty Date For Silver Certificates Into Silver Dollars...

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Author	Replies: 4 / Views: 1,806
rynegold Valued Member United States 249 Posts	Posted 03/23/2012 11:10 pm When were/ what were the parameters for exchanging silver certificate notes into/in exchange for, U.S. silver dollars? What were the exact dates? anyone know? I know that in mid 65 you could walk into a bank, hand them a silver certificate and they would give you a silver Morgan or Peace dollar. What were the exact dates for this particular exchange?, when did it start? and end? regards, m Report this Post to the Staff

oih82w8 Pillar of the Community United States 7840 Posts	Posted 03/23/2012 11:18 pm I believe that you are reffering to Executive Order 11110. Not sure how reliable this is, but this date keeps popping up; "In 1964, the US government discontinued the exchange of Silver Certificates for silver dollars, but redemption for bullion continued for another four years. On June 24, 1968, the government ended the silver exchange completely and bearers of the Silver Certificates could only exchange them for Federal Reserve Notes. In the 1970s, most of the remaining silver dollars in the US treasury were sold to the public at collector values." http://www.wisegeek.com/what-is-a-s...tificate.htm Edited by oih82w8 03/23/2012 11:38 pm Report this Post to the Staff
matthewvincent Pillar of the Community United States 3486 Posts	Posted 03/24/2012 12:21 am "... redemption for bullion continued for another four years ..." Little bags of silver nuggets. People stood in long lines. Fists full of the certificates. For a decade afterward, these little baggies were sold along with a silver certificate, no longer redeemable for silver, and a "CERTIFICATE OF AUTHENTICITY." Those were the days. Nothing has changed. A dollar got you $1.29 worth of silver. Maybe times HAVE changed! Report this Post to the Staff
rynegold Valued Member United States 249 Posts	Posted 03/24/2012 07:51 am Thanks folks! Report this Post to the Staff
f16 Valued Member United States 268 Posts	Posted 03/24/2012 08:57 am Welcome to ccf Report this Post to the Staff
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