Most 1935 to 1957 series Silver Certificates are worth a small premium over face value. Circulated examples can sell for $1.25 to $1.50 each, while uncirculated $1 Silver Certificates are worth $2 to $4 each. Exceptions include Star notes and other varieties and blocks including 1935A Hawaii and North Africa notes, and experimental notes.
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Silver Certificate Value and History
A silver certificate dollar bill is a former circulation of paper currency that allowed for the direct exchange of silver. The certificate was used to back U.S. paper currency systems during the 1800s and 1900s. Other countries to have issued silver certificates include Cuba and the Netherlands.(2)
How to Grade a US Silver Certificate
To authenticate and grade a silver certificate it must be graded by a professional currency grading service such as PCGS. As a third-party company they follow specific grading standards to ensure a consistent process. Get free information on how to grade a coin.
How to Find Dollar Silver Certificate Value
The real value of a silver certificate is its value to collectors. The value can vary based on the year issued and condition. For example, the most common silver certificates were issued between 1935 and 1957. They look similar to a regular dollar bill with George Washington on the front, but a silver certificate dollar it says that it is, “one dollar in silver payable to the bearer on demand.”(1)
Lookup Silver Certificate Value
Search the Heritage Auctions archives to find selling price at auction for silver certificates.
What is the Most Expensive Silver Certificate Sold at Auction?
One of the most expensive silver certificates is a 1891 $1,000 Silver Certificate “Mercy” Note. It is sometimes called the “unicorn” of United States paper money. It was estimated to draw $1.75 million to $2.25 million at a 2018 auction because there are only two of them left in the world.(3)
Heritage Auctions sold another $1000 1890 Treasury Note for more than $1.5M at auction. It was graded PCGS Apparent Extremely Fine 45. This example is one of two available to collectors.
This design has earned #1 placement and the jacket photo in Q. David Bowers and David Sundman’s 100 Greatest American Currency Notes printed in 2006.
How to Sell a $1 Silver Certificate
Let Heritage Auctions make you an offer – we buy rare currency including silver certificates. Heritage purchases $2 million to $5 million in collectibles every week. Inquire about how to sell a silver certificate.