Hey all i am new to this coin and paper money thing. But recently i got a jar full of coins and paper money that my grandpa gave to me. Now i was very intrigued by the silver certificate i got with it, as you can see the block for this note is M-A and the back plate number is below 940 (its 783) and as i did more research on this bill i noticed that it may be worth something more than its face value. Now im still kinda unsure if this bill is a MULE or not.I would love to see what this is worth and what you guys have to say, and i do have many more things to show you! so stay tuned lol
I'm pretty sure series 1935 $1 Silver Certificates need a back plate number higher than 930 to be considered a mule. The lowest serial numbered mule (to date) is M81121635A. Series 1935 $1 Silver Certificate mules are considered rare, and are the first $1 SC's to have the new backs (non funnyback). Yours (bp 783) is not a mule.
I have heard different from many people, everyone says it needs to be below 940 and i never heard of anything about the "Lowest serial"?
Back plate 930 and higher are mules. It's the same reverse as a 1935a silver certificate. https://www.cointalk.com/threads/significance-of-block-numbers-on-1935-1-silver-certificate.242025/ 1935a silver certificates with back plates 436 through 929 are mules.
At least a dollar. If you aren't trying to make a quick buck and decide to keep it, buy the Standard Guide to Small Size U.S. Paper Money 10th edition. Or check your library. Lots of people search through there change or straps of bills from banks for star notes and rarities. You may find a new hobby.
1935 bills are pretty tough to come by compared to 35A through 35H, and I'd say this bill could go for at least $4 or $5.
If he says yes to your value, are you willing to pay it? If I were him I would take it. Now if you are a young person, you may get some benefit when you are older. Whether or not it is a good investment I'll never know. I'm too old to wait it out. Now if he takes that five dollars during the same period you are waiting and invests it in something else, he could be way ahead of the game. If it had a red R or S on it, then that's a different ball game. What he has going for it is the printing of series 1935 twice on it's face. Not all bills do. However, that bill won't make VF20, so my books listing value have nothing lower. On a good day it might be F10 or 12. Help him out and buy it. :>)
Correct. What I should have said is only the singular 1935 series has it twice on the face, all other 1935 series have it only once. If you read the original sentence it wasn't expressed properly and offered room for misinterpretation. "Not all bills do" was too nebulous in its meaning. What I meant was not what I typed. Numbers strikes again!!
