1957 Fancy Semi-Ladder Pattern Serial Number 1 Dollar Silver Certificate - 78970700 - 1957 One Dollar Blue Seal Fancy Serial Note - Fr#1619

This listing is for the photographed 1957 One Dollar Silver Certificate Fancy Serial Number Note. Choice Very Fine (VF+) grade/condition, some folds and signs of circulation, as pictured. This note has a partial ladder and pattern serial number, the beginning digits being sequential and having a repeating pattern, 78970700, making it a highly sought after find! Signed by Priest and Anderson. Great find, perfect addition to any collection! Fr.1619 (Friedburg Number 1619).

Silver certificates are a type of representative money issued between 1878 and 1964 in the United States as part of its circulation of paper currency. They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which had effectively placed the United States on a gold standard.

The certificates were initially redeemable for their face value of silver dollar coins and later (for one year – June 24, 1967 to June 24, 1968) in raw silver bullion. Since 1968 they have been redeemable only in Federal Reserve Notes and are thus obsolete, but still valid legal tender at their face value and thus are still an accepted form of currency.

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1957 Fancy Semi-Ladder Pattern Serial Number 1 Dollar Silver Certificate - 78970700 - 1957 One Dollar Blue Seal Fancy Serial Note - Fr#1619