1928 One Dollar Silver Certificate Value Guide

The 1928A One Dollar Silver Certificate is a landmark piece of American numismatics, representing the first era of small-sized currency issued by the United States. These notes are highly sought after by collectors for their unique 'Funnyback' reverse design, which features an intricate, stylized pattern distinct from all subsequent dollar bills.

What affects the value of 1928 One Dollar Silver Certificate?

• The physical condition of the paper, including the presence of folds, tears, or stains, heavily influences the $10-$15 price range.
• The crispness of the blue ink used for the Treasury seal and serial numbers can indicate a higher grade of preservation.
• Serial number sequences, such as low numbers or repeating patterns, can occasionally push the value above the standard market average.
• The presence of a star symbol in the serial number, indicating a replacement note, can significantly increase collector interest and value.

How to Identify 1928 One Dollar Silver Certificate?

• Look for the 'Series of 1928 A' designation printed on the face of the note near the portrait of George Washington.
• Verify the distinctive 'Funnyback' reverse, which features a large, ornate 'ONE' and a design significantly different from modern currency.
• Check for the blue Treasury seal and blue serial numbers, which identify the note specifically as a Silver Certificate.
• Confirm the presence of the signatures of the Treasurer and Secretary of the Treasury specific to the 1928A series.

History of 1928 One Dollar Silver Certificate

Silver Certificates were a type of representative money issued between 1878 and 1964 in the United States as part of its circulation of paper currency. They were originally exchangeable for silver dollar coins or silver bullion. The 1928 series of U.S. currency was the first issue of small-sized currency, distinct from the larger notes previously circulated. The 'A' after the series year indicates a minor design change or a change in the signing officers. These notes are often referred to as 'Funnyback' notes due to the distinctive, somewhat intricate design on their reverse side, which was significantly different from later issues.