Question about SC

Discussion in 'Paper Money' started by schwalbe, Nov 27, 2010.

  1. schwalbe

    schwalbe Junior Member

    why are SC from 1953 worth more then older ones?
     
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  3. mikenoodle

    mikenoodle The Village Idiot Supporter

    what the heck are SC? Do you mean silver certificates?
     
  4. schwalbe

    schwalbe Junior Member

    yes, sorry i didnt type it all out..
     
  5. mikenoodle

    mikenoodle The Village Idiot Supporter

    I'm afraid that your question is a bit too general for a specific answer. There are no such thing as a 1953 Silver Certificate. There is a series 1957.

    In a few words, I don't think that 1957 (not 1953) series Silver Certificates are worth more than ANY from previous series. 1957 Silver certs are relatively common notes. It is useful to know that 1935 Silver certificates were being printed at the same time as 1957s and you will find them to be priced almost identically. The only other series year of small sized silver certificates is 1928. They command a higher premium because they are much more scarce than the 2 previously mentioned series.

    So as your question is worded, a simple answer is that they are not worth more.
     
  6. Justis4All

    Justis4All Seeking the Truth

    i am no expert on paper bills but i think he means the 1953 $5 silver certificates. my parents left me a few of these. i do not know the answer you are seeking.

    jfa
     
  7. ikandiggit

    ikandiggit Currency Error Collector

    Common 1953 $5 notes, in circulated condition, run about $7 and up.
     
  8. Numbers

    Numbers Senior Member

    The 1953-dated $10's (especially the 1953A and 1953B) can be worth a good bit more than some of the 1934-dated versions, because the 1953's had lower printage totals. To a lesser extent, the same is true for the $5's.

    The total dollar value of Silver Certificates in circulation was limited by the Treasury's holdings of silver bullion. So, as the economy expanded and more $1 notes were needed in circulation, the printing of $5 and $10 SCs had to be reduced (since the $1 was only being printed as an SC, while expanded production of FRNs could take up the slack in the $5 and $10 denominations).
     
  9. rawbuyer

    rawbuyer Member

    1935 and 1957 sc were printed at the same time?
     
  10. proofartoncircs

    proofartoncircs Junior Member

    <<1935 and 1957 sc were printed at the same time?>>

    Yes, except 1935 had a 22 year head start. Series 1957 had "IN GOD WE TRUST" before the series 1935 did.
     
  11. mikenoodle

    mikenoodle The Village Idiot Supporter

    well, I showed my lack of familiarity with currency by my answer. I automatically assumed $1 SCs and that was a very bad assumption on my part. I am glad that the experts stepped in and taught us something. :)
     
  12. proofartoncircs

    proofartoncircs Junior Member

    There are yet two more years for small size SC's.
    The very rare 1933 $10 and the common 1934 $1, $5 and $10.
     
  13. chip

    chip Novice collector

    I also assumed that he meant the 1$ silvers, but I guessed he had transposed the 35 to a 53, It is an easy mistake when you are typing (typoing) to hit one number before the other. According to the Friedberg book 1935-a series star with an s surcharge is worth 1500 in vg-8, there were only 12000 of them printed.
     
  14. proofartoncircs

    proofartoncircs Junior Member

    I think the OP's question was correctly dated with 1953.
    Series 1935 are not worth more than previous issues. Series 1953 can be, especially for the $10. The series 1953B $5 star VF lists for $2,000 in my 2004 book.
     
  15. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Allot of people think they hit it big when they get some silver certificates from a relative
    Who has passed the sad truth is they made so many of these that there really not
    Much worth much over face have several *STAR* notes in UNC $15-20 ia about all
    There worth!
     
  16. schwalbe

    schwalbe Junior Member

    i was talking about 5-10s. even by looking at books, 53's are higher priced.
     
  17. coinmaster1

    coinmaster1 Active Member

    I have maybe 15 or 20 1934 $5 Silv. Certs.
     
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