We are pleased to offer for sale this One Dollar Bill Silver Certificate "Funny Back" Series 1928 US Currency. These $1 Silver Certificates are off-quality notes that may have some stains, tears, heavy folds or writing. These $1 Silver Certificates were redeemable for silver dollars or silver bullion up until 1964. These notes are Series 1928 (random pick our choice 1928, 1928-A through E). Each bill comes in a currency sleeve for protection. These $1 Silver Certificates will make a nice addition to any currency collection!
Information on these Silver Certificate Series 1928 One Dollar Bills:
In 1929 all US Currency was changed to its current modern size. Silver Certificates as well as Legal Tender Notes were the first small sized $1 bills issued. The obverse features a cropped version of George Washington's portrait that was previously featured on large size $1 Silver Certificates. The reverse features a large ornate "ONE" superimposed by "ONE DOLLAR". Because of the reverse, this bill is sometimes referred to as a "Funny Back". The note's seal and serial numbers are printed in blue. The series 1928 bill can be differentiated from future series by the placement of the treasury seal on the left of the obverse of the note, superimposed by the legal tender obligation. Also, on the right of the obverse "ONE" is printed in large gray letters. (In future series the seal is super-imposed over "ONE" on the right side of the note.)
What is a Silver Certificate?
Silver Certificates were United States Currency authorized in the Act of Congress of February 28, 1878 and issued through 1964. Large size Silver Certificates were issued through 1923 and then the currency changed to the small or modern size we use today. Silver Certificates all have distinguishing blue seals. Silver Certificates could be exchanged for silver dollars or silver bullion. The Silver Law of 1963 changed this, discontinuing redemption for silver dollars in 1964; then silver bullion in 1968 (based on silver price of $1.29 per ounce). Small size Silver Certificates have been issued in $1, $5, and $10 denominations.
Small size $1 Silver Certificates were printed in multiple series: 1928, 1928 A through E, 1934, 1935, 1935 A through H, 1957, 1957 A and B. $5 Silver Certificates were also printed in multiple series: 1934, 1934 A through D, 1953, 1953 A through C. $10 Silver Certificates were printed in multiple series as well: 1933, 1933 A, 1934, 1934 A through D, 1953, 1953 A and B.
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