$1 Silver Certificate (Higher Grade) – 1923 – United States of America Outlet Discount Authentic

Includes archival-grade plastic banknote sleeve for protection.

• Size: 7 3/8 x 3 1/8 inches
• Date: 1923
• Type Numbers: Krause Lemke 52, Freidberg 237

About Silver Certificates:

Silver certificates were legal tender notes that could be redeemed for a silver dollar coin up until the 1960s. They were introduced to appease holders of silver bullion, who were angered by the Coinage Act of 1873 that put the United States on a de facto gold standard and caused the price of silver to drop.

The 1923 series of silver certificates were some of the last of the larger format, “horse blanket” sized dollars. These notes feature blue seals and serial numbers, and the standard portrait of George Washington on the obverse, with a cogwheel design on the reverse. The larger banknotes were phased out during the 1920s as part of a broader effort to standardize paper money, and served as a cost saving measure and accommodation for the smaller wallet sizes of the era.

All purchases include a Certificate of Authenticity. You will receive the exact item in this photo.