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Silver Certificate Values (?)

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Michael_T's Avatar
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122 Posts
 Posted 09/28/2010  2:52 pm Show Profile   Bookmark this topic Add Michael_T to your friends list Get a Link to this Message Number of Subscribers
Hello all,
A newbe question or 2. (please forgive)
I have a stack of silver certificate bills that were given to me years ago by my Grandmother. They are, one $10, a few $5 and the rest $1, many of them (maybe 75%) are VERY circulated and then there are some that look new.

If I were to go through the stack and look for some that are more valuable than others what should I look for? (key dates, etc.)

As for the ones that are worn:
Are they worth more than face value just because they are Silver Certificates?


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 Posted 09/28/2010  5:06 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Okay, here is your list Mike:

In $1 notes, if they are in worn condition, look for anything with series 1928 or 1928 A,B,C,D,E.....anything series 1934....1935A notes with a big red are or S beside the blue treasury seal.....1935G with no In God We Trust motto on the reverse......any star notes of any series (except 1957, 1957A or 1957B as these hold no extra value unless in very nice condition). Any nice condition note of any series (star or not, will hold at least a small premium over face).

Since you only have a few $5, and one $10, just tell me what series they are and the condition (if you can't post pictures).
Valued Member
Michael_T's Avatar
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 Posted 09/28/2010  5:52 pm  Show Profile   Bookmark this reply Add Michael_T to your friends list Get a Link to this Reply
Here are the 10 (Series 1934 A) the 5's (Series 1953 A and 2- 1953 B) and one of the better 1's (Series 1935 E)



Silver-Certificate-Values-?
Sorry the pic is not very good

Most of the 1's are series 1957 and about 1/3 are crisp and the rest are well used.

See anything special in the 5's or 10?

Thanks for the reply.
Edited by Michael_T
09/28/2010 5:54 pm
Pillar of the Community
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 Posted 09/28/2010  6:20 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
Mike, I can pick out special notes, but I am not up on current values. I would think that the $5 notes hold no premium. The one dollar notes in that condition (and I can tell by its corners is not 'new') may hold a $1-$3 premium over face. I had assumed that you had only blue seal silver certificates or you would have mentioned it earlier....stupid me. Anything with a brown or yellow seal will hold a premium over face, regardless of condition. The $10 note looks very nice and might be worth $50-$100.
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Michael_T's Avatar
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 Posted 09/28/2010  6:25 pm  Show Profile   Bookmark this reply Add Michael_T to your friends list Get a Link to this Reply
Good to know the 10 has some extra value.

Thanks
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Nickelman's Avatar
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 Posted 09/28/2010  8:19 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
The North Africa note is the keeper out of that lot, it's really hard to see the condition, but $50 maybe $60 range.
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Money's Avatar
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160 Posts
 Posted 09/28/2010  9:32 pm  Show Profile   Bookmark this reply Add Money to your friends list Get a Link to this Reply
Do the $5 North Africa notes hold a bigger premium than the $10? I read that they were harder to find
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Americanamafia's Avatar
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 Posted 09/28/2010  9:38 pm  Show Profile   Bookmark this reply Add Americanamafia to your friends list Get a Link to this Reply
I'd pay more than face for them, so I guess its what the market will bear...
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 Posted 09/28/2010  9:43 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply
If you are referring to the 1934A, yes, that is correct. In all conditions, the $5 is considerably scarcer than the $10. The $5 note was printed in much smaller quantities as well.

The 1934 is another story. The $10 is a major rarity, while the $5 was not even printed.
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Nickelman's Avatar
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 Posted 09/28/2010  9:52 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply

Quote:
Do the $5 North Africa notes hold a bigger premium than the $10?


I believe there were a few million less of the $5's printed than the $10's but the difference isn't so great that I could give a resounding yes to that question. In most cases I think they will go for about the same amount. So sort of yes :)
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 Posted 09/28/2010  10:27 pm  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:
I believe there were a few million less of the $5's printed than the $10's but the difference isn't so great that I could give a resounding yes to that question.


Yes, 5 million less doesn't sound like much to those who collect green seals that are produced in billions upon billions. Consider that there were less than 21.3 million $10 notes and 16.7 million $5 notes printed, what does that equate to percentage wise? 20-25 percent less?



Quote:
In most cases I think they will go for about the same amount.


That well may be. I do not normally speak in terms of cost and value, because I do not keep up with that sort of thing. Scarcity though.....the $5 note is far more scarce.
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Bryan1315's Avatar
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 Posted 09/28/2010  10:37 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I would say to keep all of them since your grandmother gave them to you. I have some coins my Grandfather gave me before he died and even though there aren't worth a whole lot they are priceless to me because every time I look at them I remember us sitting at his kitchen table looking through his coins and me giving him all my pocket change to look through. he was a collector and a hoarder so he kept just about everything round and shiny
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Nickelman's Avatar
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 Posted 09/28/2010  11:47 pm  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply

Quote:
Consider that there were less than 21.3 million $10 notes and 16.7 million $5 notes printed, what does that equate to percentage wise? 20-25 percent less?


When put that way... I agree, but my point is that it doesn't equate to a large premium.


Quote:
5 million less doesn't sound like much to those who collect green seals that are produced in billions upon billions.


It always comes back to that.

In my youth I have had an extensive bug collection (prize was a 3 inch rhinoceros beetle found in a blackberry thicket), a leaf collection (my Mom ironed them between sheets of wax paper), a TV guide collection (don't ask), a stamp collection (which I still have), coin collection (ongoing), etc, etc, etc. I collect, or have collected everything that isn't nailed down.

I never made a cent off my bug collection (although the rhino beetle was donated to a college in Indiana), my stamp collection is collecting dust in my closet, the TV guide collection (don't ask), coin collection I still have hopes for, leaf collection dunno what ever happened to it but I was left penniless when it vanished (I was in the third grade).

I get the whole green seal thing, I swear I do. But I (and a few others here) are compulsive collectors. I will naturally save things that are different or odd... green seals included. I like them. I tell people who say I am crazy (right before I kill them) that they are dollars I just haven't spent yet.

I made mention in another thread that people had to have the foresight to save things now or they wouldn't be available in the future. I stand by that statement. There will come a day when green seals are rare. No it won't be in our lifetimes. But unless the Earth is destroyed by a NEO it will happen.

Someone has to preserve the future by setting aside the present.
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Michael_T's Avatar
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 Posted 09/29/2010  08:55 am  Show Profile   Bookmark this reply Add Michael_T to your friends list Get a Link to this Reply

Quote:
I would say to keep all of them since your grandmother gave them to you. I have some coins my Grandfather gave me before he died and even though there aren't worth a whole lot they are priceless to me because every time I look at them I remember us sitting at his kitchen table looking through his coins and me giving him all my pocket change to look through. he was a collector and a hoarder so he kept just about everything round and shiny


Yes, this is exactly my feeling about these bills. I know I'm not going to get rich from the sale and the sentimental value far outweighs the dollar value.
Thanks everyone for all the input on the dollar value of these.
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 Posted 09/29/2010  09:22 am  Show Profile   Bookmark this reply Add zeewool to your friends list Get a Link to this Reply

Quote:
There will come a day when green seals are rare. No it won't be in our lifetimes. But unless the Earth is destroyed by a NEO it will happen.


Yeah, you just keep on believing that. You'll be in good company with those folks who saved all those silver certificates rather than redeeming for silver when they had the chance. How much are silver certificates worth versus the price of silver bulion? Yeah, save those green seals for the day that they become rare, or the earth is destroyed.....that makes far better sense than investing in mutual funds or savings accounts where money actually grows.

edited to add:

Collecting is one thing Nick, and we both understand that, but what are the majority of the questions all about? 'How much is it worth?'
I see nothing about 'collecting' in such a question.
Edited by zeewool
09/29/2010 09:27 am
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remmy1100's Avatar
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 Posted 09/29/2010  10:43 am  Show Profile   Bookmark this reply Add remmy1100 to your friends list Get a Link to this Reply
I would NOT put it in the bank or a mutual fund, but towards a Morgan/Peace dollar or something of REAL value, but if you are a collector then keep em. Its your collection, collect what YOU want. :-)
Edited by remmy1100
09/29/2010 10:45 am
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