Just Thinking... Siler Certificate For Silver Eagle...?

There is a law actually that did away with the SCs'. I think it was in 1972. Wait just a bit and someone will come along with the full story.

There was a time when you could walk into a bank with a silver certificate and exchange it for it's face value in silver coins. A $1 silver certificate would get you a silver dollar, or 2 half dollars, and so on. At a certain point in history, we went off the silver standard and the government started issuing federal reserve notes instead. I'm not clear on the details, but I'm pretty sure this happened well before we switched from silver to clad in 1965. It may have been during Franklin Rooselvelt's administration. There's also history on gold certificates, I guess they worked the same way. I don't know if silver and gold certificates are still considered legal tender.

My guess is there's someone on our forum that knows the details.

You can't get what the banks don't have! The gold and silver certificates are worth their face value, should you decide to spend them, but no longer redeemable for precious metals. The older large gold and silver certificates hold quite a bit of collector value so the last place I would want to leave one would be a bank!

there goes my idea of getting silver eagles [:p]