Old Fashioned Money

Posted: October 13, 2008 in Remember

While cleaning out my in-law’s house a few years ago after they passed, we came across a collection of coins that have been in the family for quite some time. We have silver dollars dating back to 1884. Here are some interesting finds I came across the other day while giving my daughter a family history lesson.

I wonder if this bill still backed by silver?

This is a Booker T. Washington coin I just discovered in the collection. It is dated 1946.

Other side

  1. Ms. Moore says:

    Can silver certificates be redeemed somewhere for their “silver” value? The answer is no, not for silver dollars and not since the Congress of the United States stopped redemption of silver certificates on June 24, 1968; but the “legal tender” part of the Obligation is still valid, and all the $1, $5 and $10 silver certificates can be spent as regular money.

    Since silver certificates are not made anymore, some of them have a premium value to collectors and dealers. For example, if your $1 silver certificate has the date 1928, it is worth about $10 to $12. If it is 1928 with the letter “C” after the date, it is worth about $50. With the series date 1928D, about $20, and with the series date 1928E about $150. Most of the 1934 and 1935 series $1 silver certificates are only worth face value, but can bring a small premium if they are in new condition.

    Of the $5 and $10 silver certificates, the 1933 $10 is worth at least $1500 and the 1934B $10 about $30.

    This info came from http://www.coinsite.com/content/faq/small_size_arcert.asp

  2. Duane says:

    Thanks for that bit of information. When we first inherited all of these coins, we were inclined to sell them off. But we were younger and foolish then. 🙂 I’m so glad we still have this great treasure to pass on to our kids. I just hope its worth something by the time they get older.

  3. Peg says:

    Duane – these coins really are treasure – in more than one way.

  4. S. Cain says:

    Wow, that’s what’s up. Had no idea they put ever a brother on money!

  5. Give it a rest says:

    Duane, keep holding them. In short order these items will be over one hundred years old, that is when the fun starts. Each year more and more of those silver cert are reduced to worthless dust. The goal is to be the last man standing!

    I hope you are keeping them in airtight cases. If not STOP handling with your bare hands imediately!

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