This listing is for the photographed Set of 4 1957-B One Dollar Silver Certificate Notes. AU (About Uncirculated) Condition, as pictured. These notes have the consecutive serial numbers "72889289" to"72889292". Signed by Granahan and Dillon. Great find, perfect addition to any collection! Fr#1621 (Friedburg Number 1621).
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 B Silver Certificate 1 Dollar Notes Set - AU (About Uncirculated) - Set of 4 Consecutive Serial Notes - 1957B One Dollar Set - Fr#1621
