What do the different colors mean? I know the red seal is a Hawaiian note that was printed so that if the Japanese invaded Hawaii the government could cancel all red seal notes. I also know the blue seal is just a normal silver certificate. But what about the yellow seal? What is that for? It doesn’t have anything different or special like the red note says “Hawaii” on it. So what were yellow note seals meant for?
Oh really? I’m guessing there must not be as many considering very few American troops served in North Africa during WW2 compared to the many more that served in European & Pacific theaters.
Yellow was for emergency Aferican notes/Brown seal Hawaii emergency notes as stated above/blue one is you could trade a $1 bill for a silver dollar remember we were still in the great depression in 1935 the government was money hungry.
It's correct, but, most of all, they were used during Italian occupation, from June 1943 to July 1945. Initially, they circulated in Sicily and South Italy, then in Central Italy, and finally, after Liberation, throughout the country. Legal tender ceased in Italy on July 31, 1945, but is still in US, of course. The notes are 1 dollar series 1935A, and 5 and 10 dollars series 1934A. The signature is Julian Morgenthau for all. My collection: In Italy they can be very expensive, expecially in high grade, it's the same in US? petronius
According to the Treasury Department, silver certificates are still legal tender only at face value. https://www.treasury.gov/resource-center/faqs/currency/pages/edu_faq_currency_sales.aspx
So wait were they actually legally tender in Italy at one point then? Like an American soldier could use those dollars to purchase from an Italian business until 1945? I figured maybe it was just for US soldiers to buy stuff on bases and such.
Yeah, of course, and they were used by Italians too. The exchange rate was 100 lire for 1 dollar, very good for Americans (before occupation was 25 lire for 1 dollar). They remained legal tender until July 31, 1945, after this date were only be exchanged at the Bank of Italy. And having these dollars became illegal, for Italian people, after September 1, 1945. petronius
I don't know how anyone could consider that red, but that particular shade of brown somewhat reminds me of dried blood.
It does look kind of red. It looks like the color of blood. Maybe dark red would be a better description. Or crimson.
Hmm that’s very interesting. I guess I always assumed after Italy surrendered to the Allies that they just used pre-War currency. I had no idea US Dollars were circulating as legal tender in Italy though. Do you happen to know if any US coinage circulated in Italy as legal tender? Back in those days most were made of silver. Except smaller denominations of course. I’d imagine if you were living in Italy in 1944 that 2x Walking Liberty Half Dollar coins would’ve been worth the same as the $1 note right? So surely there must have been some coinage for smaller transactions under $1 or for change? Too bad it’s not like that anymore though . You Italians sure know how to make some amazing cheeses .