1928A Silver Certificate Value Guide

The 1928A Silver Certificate is a landmark in American numismatics, representing the transition from large-size 'horse blanket' notes to the modern small-size currency we use today. These notes are highly collectible due to their unique 'funny back' reverse design and the historical promise that they could be redeemed for one physical silver dollar coin.

What Is 1928A Silver Certificate Worth?

The typical price range for 1928A Silver Certificate is $15 - $25 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Paper crispness and the absence of folds or creases significantly increase the value toward the $25 range.
• The presence of a 'star' at the beginning of the serial number, indicating a replacement note, can drive prices higher.
• Ink vibrancy and the lack of staining or 'pinholes' from staples or sewing.
• Centering of the printed design relative to the paper margins.

How to Identify 1928A Silver Certificate?

• Look for the distinct blue Treasury seal and blue serial numbers characteristic of Silver Certificates.
• Verify the 'Series of 1928 A' text located to the left of George Washington's portrait.
• Check the reverse side for the 'funny back' design, featuring a large, stylized 'ONE' that fills the center of the note.
• Confirm the presence of red and blue security fibers embedded within the cotton linen paper.

History of 1928A Silver Certificate

The Series 1928 Silver Certificate was the first small-size one dollar bill issued by the United States, replacing the larger 'horse blanket' notes. These notes were nicknamed 'funny backs' because the word ONE on the reverse side was printed in a large, stylized font that differed significantly from later designs. They were originally redeemable for one silver dollar coin upon demand.