Silver Certificates

Issued from 1878-1964, Silver Certificates were developed in response to opposition toward the Coinage Act of 1873, which effectively ended the bimetallic standard of silver and gold both being recognized as legal currency. The Act ended production of silver dollars and led to a sharp decline in the value of silver bullion in the mid 1870s. Silver Certificates were issued as a form of legal tender that could be redeemed for silver coins (until 1934), and remained in circulation until 1964, when the notes were retired. Today they are valued by collectors.

Back to Top