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Silver Certificates were authorized by Congressional Acts of Feb. 28, 1878 and Aug 4, 1886. In 1878, the U.S. economy was doing quite well and the need for silver coinage outstripped the available supply. The idea was not to replace coins, but to create an easier method of exchange. The government would hold the equivalent amount of silver coins and bullion and promise to redeem the certificates on demand.

Due to the Silver Purchase Act of 1934, the redemption clause was changed to allow redemption in Silver Dollars or Silver bullion and in March 1964, the Secretary of the Treasury halted redemption in Silver Dollars. Silver Certificate legislation was abolished by Congressional Act June 4, 1963 and all redemption in silver was halted in June 24, 1968.

Small size silver certificates

Small size silver certificates were issued in denominations of $1, $5 and $10 in series 1928, 1933, 1934, 1935, 1953, and 1957. The obligation on the 1928 series silver certificates stated that they were redemable for "One Silver Dollar", which was changed in 1934 to read "One Dollar in Silver."

Silver Certificates



Small Size 1928 A Small Size 1928 A
Code: 1603
Price: $399.00
Country: US
Denomination: $1.00
Grade: PMG-30 EPQ
Quantity in Basket: none
 



Small Size 1928 A Small Size 1928 A
Code: 1604
Price: $145.00
Country: US
Denomination: $1.00
Grade: PMG-65 EPQ
Quantity in Basket: none
 



Small Size 1928 D Small Size 1928 D
Code: 1605
Price: $1,795.00
Country: US
Denomination: $1.00
Grade: PCGS-65 PPQ
Grader: $1 FR 1604( Three Consecutive Notes )
Quantity in Basket: none
 



Small Size 1928 D Small Size 1928 D
Code: 1606
Price: $995.00
Country: US
Denomination: $1.00
Grade: PCGS 64PPQ
Grader: $1 FR 1604( Two Consecutive Notes )
Quantity in Basket: none
 



Small Size 1934 Small Size 1934
Code: 1607
Price: $195.00
Country: US
Denomination: $10.00
Grade: PCGS-65PPQ
Grader: $10 FR 1701
Quantity in Basket: none
 



Small Size 1934A Small Size 1934A
Code: 1608
Price: $395.00
Country: US
Denomination: $10.00
Grade: PCGS-65PPQ
Grader: $10 FR 1702
Quantity in Basket: none
 



Small Size 1934B Small Size 1934B
Code: 1609
Price: $695.00
Country: US
Denomination: $10.00
Grade: PCGS-50
Grader: $10 FR 1703, Key
Quantity in Basket: none
 



Small Size 1934B Small Size 1934B
Code: 1610
Price: $699.00
Country: US
Denomination: $10.00
Grade: 58
Grader: FR 1703 A scarce series in very high grade
Quantity in Basket: none
 



Small Size 1934B Small Size 1934B
Code: 1611
Price: $5,750.00
Country: US
Denomination: $10.00
Grade: PCGS 66PPQ
Grader: The 1934B $10 Silver in Gem is a numismatic rarity that is not often appreciated. The 1933 $10 Silver in its own right is a classic rarity due to its one year design type.
Quantity in Basket: none
 



Small Size 1935 A Small Size 1935 A
Code: 1612
Price: $1,195.00
Country: US
Denomination: $1.00
Grade: CGA-66
Grader: $1 R Silver Certificate
Quantity in Basket: none
 



Small Size 1935 A Small Size 1935 A
Code: 1619
Price: $1,199.00
Country: US
Denomination: $1.00
Grade: PCGS 66 PPQ
Grader: $1 S Silver Certificate
Quantity in Basket: none
 



Small Size 1935 A Small Size 1935 A
Code: 1620
Price: $1,299.00
Country: US
Denomination: $1.00
Grade: PMG 66EPQ
Grader: $1 S Silver Certificate
Quantity in Basket: none
 



Small Size 1953 A Small Size 1953 A
Code: 1622
Price: $199.00
Country: US
Denomination: $10.00
Grade: PCGS-63PPQ
Grader: FR-1707 This well preserved $10 Silver earned its PPQ designation by retaining its embossing and natural paper surfaces.
Quantity in Basket: none
 



Small Size 1953 A Small Size 1953 A
Code: 1623
Price: $125.00
Country: US
Denomination: $10.00
Grade: PCGS-15
Quantity in Basket: none
 



Small Size 1957 Small Size 1957
Code: 1624
Price: $495.00
Country: US
Denomination: $1.00
Grade: CGA-65
Grader: FR-1619 AA, This is the 36th 1957 SC made
Quantity in Basket: none
 



Small Size 1957 Small Size 1957
Code: 1625
Price: $450.00
Country: US
Denomination: $1.00
Grade: CGA-66
Grader: FR-1619 AA, This is the 62nd 1957 SC made
Quantity in Basket: none
 



Small Size 1957 Small Size 1957
Code: 1626
Price: $225.00
Country: US
Denomination: $1.00
Grade: CGA-66
Grader: FR-1619 AA, This is the 449nd 1957 SC made
Quantity in Basket: none
 



Small Size 1957 Small Size 1957
Code: 1627
Price: $995.00
Country: US
Denomination: $1.00
Grade: CGA-65
Grader: FR-1619 AA, two consecutive low numbers from block AA. These two notes are the 38th & 39th 1957 Silver Certificates made
Quantity in Basket: none
 



Small Size 1957 A Small Size 1957 A
Code: 1628
Price: $350.00
Country: US
Denomination: $1.00
Grade: CGA-68
Grader: $1 FR-1620( Two Consecutive Notes )
Quantity in Basket: none
 



Small Size 1957 A Small Size 1957 A
Code: 1629
Price: $695.00
Country: US
Denomination: $1.00
Grade: CGA-68
Grader: $1 FR-1620( Five Consecutive Notes )
Quantity in Basket: none
 



Small Size 1957 Small Size 1957
Code: 1630
Price: $195.00
Country: US
Denomination: $1.00
Grade: CGA-68
Grader: $1 FR-1619
Quantity in Basket: none
 



Small Size 1957 B Small Size 1957 B
Code: 1631
Price: $195.00
Country: US
Denomination: $1.00
Grade: CGA-68
Grader: $1 FR-1621
Quantity in Basket: none
 



Small Size 1957 B Small Size 1957 B
Code: 1632
Price: $895.00
Country: US
Denomination: $1.00
Grade: Gem
Grader: $1 FR-1621
Quantity in Basket: none
 




Richard Hokanson Rare Coin Investments
P.O. Box 940, Southold, NY 11971
(631) 765-6464 | (631) 765-6466 Fax

info@hokanson-coins.com

Prices subject to market.