We are pleased to offer for sale this Five Dollar Bill Silver Certificate Series 1953 US Currency Good or Better. These $5 Silver Certificates are nice original bills which grade good or better. These $5 Silver Certificates were redeemable for silver dollars or silver bullion up until 1964. These notes are Series 1953 (random pick our choice 1953, 1953 A through B). Each bill comes in a currency sleeve for protection. These $5 Silver Certificates will make a nice addition to any currency collection!
Information on these Silver Certificate Series 1953 Five Dollar Bills:
In 1929 all US Currency was changed to its current modern size. Series 1934 $5 Silver Certificates were the first small size $5 Silver Certificates issued, series 1953 was the second and last series issued. The obverse features a cropped version of Abraham Lincoln's portrait that was previously featured on the large size $5 Silver Certificates. The reverse of the bill features the Lincoln Memorial and is in the style we know today. The series 1953 bill can be differentiated from past series by the gray numeral "5" on the left side of the obverse. Past series (1934) had the numeral "5" printed in blue. Also, on the obverse on the right side of the bill "FIVE" and the treasury seal have been made smaller in size. Another difference from the 1934 series is "Washington D.C." has been moved from under the series to above the "FIVE".
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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