I have found a 1957 Silver Certificate 1$ bill its pretty worn . Before this I had never seen one of these. Can somebody tell me about what this bill is worth. If it has any collector value. thank you very much

    The wholesale value is about $1.10 each. There are just to many of them available to collectors, besides for a little more a collector can get an uncirculated one. Gary Lewis, ANA LM 999

I have found a 1957 Silver Certificate 1$ bill its pretty worn . Before this I had never seen one of these. Can somebody tell me about what this bill is worth. If it has any collector value. thank you very much If silver certs, especially Series 1957, are *really* worn, then I just spend them, personally.  However, if you're planning on starting a collection of U.S. paper money, I'd suggest holding onto it until you get a better quality specimen, because for the time being, it will fill a hole in your set. Just my view.

 I have found a 1957 Silver Certificate 1$ bill its pretty worn . Before this I had never seen one of these. Can somebody tell me about what this bill is worth. If it has any collector value. thank you very much Greetings:      Silver Certificates were first placed in circulation in 1878 under the Bland-Allison Act (which was a compromise between the silver mining and farming soft money interests of the West and the gold standard hard money interests of the East). Under that act, Silver Certificates represented silver dollar coins that were minted, but which were stored in U.S. Treasury Department vaults rather than being released into cir- culation. Silver certificates could actually be redeeemed for such sil- ver dollar coins on demand, and were so inscribed.      When U.S. Mint stopped producing silver dollars for circulation after 1935, the character of Silver Certificates changed. From then on they represented silver bullion, rather than silver dollar coins, and the redemption pledge was reworded to eliminate the specific reference to those coins.      However, the government still held plenty of silver dollar coins in reserve, so if you brought a Silver Certificate to the Treasury or to any Federal Reserve Bank, you could still exchange it for its face value in silver dollars.       The Tresaury Department phased out Silver Certificates in 1963, but it honored the redemption pledge until June 24, 1968. By that time the price of silver had increased, so the silver dollar coin contianed more than its face value in silver. The redemption of a silver certifi- cate meant an instant turnkey profit. Unfortunately, that is no longer an option. The government will still accept your $1 Silver Certificate as a dollar, but the only coins they will give you for it are of the current silverless variety.     Your pretty worn bill has no collector value. Series 1957 $1 Sil- ver Certificates are readily available in crisp uncirculated condition for well under $5, so it's unlikely that many collectors would want them in any condition that's not even close to that.     It's a nice historical piece in any case. Why not make it the first piece in your collection of U.S. paper currency? A good beginning would be to put together a type collection. That means finding one bill of each design type, and not bothering with the series designator or the signature combinations. Begin with the small size currency (placed into use in 1929) and then work backwards to fill in the older large size notes. If you collect only the $1 denomination, you will find a wonder- fully interesting hobby that can keep you busy for many years to come, but which will cost you only moderate sums, assuming fine circulated condition is accepotable for the earlier pieces.     Won't your friends be impressed when you show them your $1 bills going all the way back to 1862!     Best of luck.                                      Regards,                                      Steve

Your comments are very informative Steve.  Do they change at all when the silver certificate in question dates from 1935.  I just got one by accident last week.  Does it have any value? Chris

Your comments are very informative Steve.  Do they change at all when the silver certificate in question dates from 1935.  I just got one by accident last week.  Does it have any value? Greetings:      The USA $1 Silver Certificate Series 1935 without any suffix letter is a premium item, and may be worth $5 to $10 retail, even if well cir- culated. The signature combination should be Julian & Morgenthau.      Series 1935-A has the same signature combination, but is worth much less, and there wouldn't be much demand in any condition less than About Uncirculated. The same more or less applies to Series 1935-B through 1935-H.     The most expensive small size $1 Silver Certificates are Series 1928-C, 1928-D, and, best of all, 1928-E. Even if it's just barely in Fine condition, the 1928-E should fetch over $200. By the way, it also carries the signatures of Julian & Morgenthau.                                     Regards,                                     Steve