Silver Certificate and Red Seals

Discussion in 'Paper Money' started by Magman, Jan 3, 2006.

  1. Magman

    Magman U.S. Money Collector

    So can someone explain (or link to a site) that explains the purpose of the Silver Certificate and the Red Seals?

    thanks
     
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  3. crispy1995

    crispy1995 Spending Toms like crazy**

  4. crispy1995

    crispy1995 Spending Toms like crazy**

    From http://www.webpressnotes.com/terms.htm

    SILVER CERTIFICATES - As America's economy expanded in the late 1870's trade demand outpaced the supply of silver coinage. In 1878 the government authorized Silver Certificates as relief for silver coinage. Redeemable in silver until June 24, 1968, redemption in all forms was ended. The notes, while still legal tender are now worth only their face value.
     
  5. Magman

    Magman U.S. Money Collector

    ooo, nice site.

    thanks :)
     
  6. GrimReaper

    GrimReaper Senior Member

    Here is another Excellant site , www.USPaperMoney.info enjoy !

    It may be a little rough at first , but has alot of valuable info.
    The History of Currency Designs section is great !
     
  7. Magman

    Magman U.S. Money Collector

    oh nice. thanks alot for that too :)
     
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