1933 $10 Silver Certificate: Rarity And Price

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Author	Replies: 4 / Views: 4,215
Woodford Valued Member United States 207 Posts	Posted 01/23/2013 3:01 pm Only recently did I find out that these 1933 $10 silver certificates existed. I saw these at the last FUN auction and was determined to acquire one until I saw they were going for at least a few thousand Now, why do they command such a astronomically high price? Is it because they only printed a very limited run or did something else occur? Any info is appreciated! Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 01/23/2013 3:16 pm This shows a ball park value http://www.uscurrencyauctions.com/$10notes.htm Here is some good info http://www.oldcurrencyvalues.com/19...ificate.html John1 Report this Post to the Staff
nationals Valued Member United States 137 Posts	Posted 01/23/2013 4:13 pm It was just a short print run. It is also the only US currency printed with a 1933 date on it. If you want to spend a lot of money, I think there are much more interesting purchases. However, I can 100% see the attraction to such an oddity. Report this Post to the Staff
BisonMatt Valued Member United States 239 Posts	Posted 01/23/2013 4:29 pm They printed the 1933s as "payable in silver coin" and changed it to say "payable in silver dollars" in 1934. It probably had to do with the bank holiday they took in March of 1933 and switching from the gold standard. Also, they probably realized that there wasn't enough silver coin to pay out and had to change the wording on the new silver certificates. And in 1934 they printed 88 million. Edited by BisonMatt 01/23/2013 4:39 pm Report this Post to the Staff
Woodford Valued Member United States 207 Posts	Posted 01/24/2013 12:12 pm John, thanks for the $10 values chart, It saids 2000-4000 for a '33 $10 SC but the cheapest I saw were double that estimate! Seems like its market value will increase rather rapidly. Nationals, I did some research and only just over 200,000 were printed in 1933. No wonder they're super rare. I'd love to acquire one someday but it would be VF condition at best, even then It'd easily be the most expensive note I'd own. BisonMatt, thanks for the history that explains why they printed another series in 1934. I never noticed that subtle change in clause, gonna take a look at my SCs again! Report this Post to the Staff
	Replies: 4 / Views: 4,215

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