This listing is for the photographed 1928 B Silver Certificate 1 Dollar Note. Signed by Woods and Mills. G-B block. Extremely Fine (XF) grade/condition, minor folds and writing. The writing on this note is a signature and date, signed "Constance Gilman" and "Jan. 9, 35". Fr#1602 (Friedburg Number 1602)
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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1928 B Silver Certificate Blue Seal 1 Dollar Note - G-B Block - Woods/Mills Signed - B Series Silver Cert 1928B One Dollar Note - Fr.1602