About Silver Certificates - Small
Small-size silver certificates were printed in denominations of $1, $5, and $10 and were originally issued under the Series of 1928. The bills were officially made obsolete upon their abolishment on June 4, 1963. However, that has not stopped many folks from spending heavily circulated examples (or "rags") at their face value even today.
Silver certificates were issued with the obligation, "This certifies that there is on deposit in the Treasury of the United States ["X"] dollars in silver payable to the bearer on demand� This certificate is a legal tender for all debts public and private." On June 24, 1968, a congressional act ended the practice of redeeming silver certificates with silver bullion. Thus, one cannot expect to exchange a silver certificate today and receive a payout of silver bullion equal to the face value of the bill. Silver certificate issues are quite common, though many are scarce in Gem.
The prices listed in our database are intended to be used as an indication only. CDN Publishing, LLC does not buy or sell collectible coins or currency and users are strongly encouraged to seek multiple
sources of pricing before making a final determination of value. CDN Publishing is not responsible for typographical or database-related errors. Your use of this site indicates full acceptance of these terms.