The obverse design of the one dollar bill was completely redesigned for the Series of 1963, the first $1 Federal Reserve Notes. Prior $1 series, United States Notes and Silver Certificates, used a more ornate "columns" design which was abandoned in 1963 for the "leaves" design we now use. This redesign was unprecedented in small sized notes, and I would like to know what the motivation behind it was.
2007-01-17 14:17:16 · 4 answers · asked by trentrockport 5 in Games & Recreation ➔ Hobbies & Crafts
In June of 1963 Congress passed legislation that said you could no longer redeem silver certificates for silver coins. In March of 1964 by order of the Secretary of the Treasury redemption in silver dollars was halted. The reason for this is that the melt value of silver was more than the face value of the coins and there was a small run on redemptions so that people could get the coins for melt.
Apparently while they were changing the wording on the note the Bureau of Engraving and Printing changed some of the design elements. Probably so that the new notes were distinguishable from the old notes.
2007-01-17 15:56:33 · answer #1 · answered by BD in NM 6 · 1⤊ 0⤋
relies upon lots on the difficulty. i've got have been given some silver one dollar notes and that they have got been properly worth around $4-$6. See in case you will detect an identical merchandise on e-bay. possibly bypass to a coil broking. finally inspite of the incontrovertible fact that, something is purely properly worth what somebody will pay for it.
2016-10-31 10:02:43 · answer #2 · answered by herrick 4 · 0⤊ 0⤋
BD in NM hit the nail on the head, so go with him.
2007-01-18 13:12:47 · answer #3 · answered by Taiping 7 · 1⤊ 0⤋
godzilla
2007-01-17 14:50:36 · answer #4 · answered by Anonymous · 0⤊ 1⤋