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Lot of (4) 1934 $5 Five-Dollar Blue Seal U.S. Silver Certificates

Currency:USD Category:Sports - Cards & Fan Shop Start Price:1.00 USD
Lot of (4) 1934 $5 Five-Dollar Blue Seal U.S. Silver Certificates

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Auction Date:2017 Oct 26 @ 19:00 (UTC-7 : PDT/MST)
Location:2320 W Peoria Ave Suite B142, Phoenix, Arizona, 85029, United States
Lot includes all (4) notes shown. Please see the scans for further details on the condition of the notes.

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.