17001

Lot of (10) 1957-B $1 One Dollar U.S. Silver Certificates with Consecutive Serial Numbers (Choice Cr

Currency:USD Category:Sports - Cards & Fan Shop Start Price:1.00 USD
Lot of (10) 1957-B $1 One Dollar U.S. Silver Certificates with Consecutive Serial Numbers (Choice Cr

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Auction Date:2019 Oct 16 @ 19:00 (UTC-7 : PDT/MST)
Location:2320 W Peoria Ave Suite B142, Phoenix, Arizona, 85029, United States
Lot includes (10) silver certificates.

Silver certificates were issued between 1878 and 1964 in the United States as part of its circulation of paper currency. They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which had effectively placed the United States on a gold standard. The certificates were initially redeemable for their face value of silver dollar coins and later in raw silver bullion. Since 1968 they have been redeemable only in Federal Reserve Notes and are thus obsolete, but still valid legal tender.