Silver Certificates – What is the Value of a 1935 Silver Certificate?
The 1935 Silver Certificate is one of the most popular notes among currency collectors. The history of these fascinating bills extends back to the 1800’s. It was the Congressional Acts of 1878 and 1886 that authorized the printing of Silver Certificates – for a very specific reason. In those days, the supply of silver coins was far less than the demand. Thus, the government came up with the idea of creating a paper certificate in order to create a more efficient method of silver exchange. The certificates were redeemable on demand, for an equal amount of silver bullion and coins. The amount that was redeemable depended upon the denomination of the note. Silver Certificates were issued in both small and large-sizes. The 1935 series was one of the series of small-size notes. These small-size notes were issued in denominations of $1.00, $5.00 and $10.00. The 1935 series included only the $1.00 denomination and either ‘F’ or ‘G’ series (with no motto). In 1934, the obligation on the note w
