Where can I take my silver certificate to redeem it back into silver?

Answer 1

you cant. The only way you will actually get the silver is if they cant give your current value in US dollar for the silver. If they can give you US dollar, you get US dollar. If they cant, they have to give you silver.

You will never just walk in and change it for silver, or gold for that matter.

***** update *****

This explains this better. I think, Im just trying to figure out why you can get silver for this.

"This certifies that there is on deposit in the Treasury of the United States of America (number) dollar(s) in silver payable to the bearer on demand."

It means one thing. The feds put aside 1 dollar to back up your money with silver. It doesnt mean you can cash it in silver. Old currency was backed by products. Ie the fed says we will give you this piece of paper. Its worth 1 dollar, other nations would say why is it worth 1 dollar? They say because we back it uup with silver. I assume you have heard of fort knox. They keep the Gold to back up the money.

Now this was changed years ago, its no longer backed up by gold or silver. Your currency is worth 1 dollar. Why? because thats all its worth. People will pay more on ebay, the only thing you can get from the fed is 1 dollar.

You would be extremely confused if you think the fed has to give you 1 dollar in silver. The silver only backs the money. Its a paper note. It doesnt say anywhere you can actualy cash that in for silver.

Its still worth 1 dollar to the fed. Might be worth more to somebody else.

Answer 2

from us treasury faq:

"Question: I have some old silver certificates. How can I trade them in for silver dollars?

Answer: On March 25, 1964, C. Douglas Dillon, the 57th Secretary of the Treasury announced that silver certificates would no longer be redeemable in silver dollars. This decision was pursuant to the Act of June 4, 1963 (31 U.S.C. 405a-1). The Act allowed the exchange of silver certificates for silver bullion until June 24, 1968. This was the deadline set by the Congress. Since that date, there has been no obligation to issue silver in any form in exchange for these certificates. You may be interested to know that the Congress took this action because there were approximately three million silver dollars remaining in the Treasury Department's vaults. These coins had high numismatic values, and there was no way to make an equitable distribution of them among the many people holding silver certificates.

Silver certificates are still legal tender and do still circulate at their face value. Depending upon the age and condition of the certificates, however, they may have a numismatic value to collectors and dealers."

Answer 3

Take it to 1970. That was approx. the last time you could redeem "Silver Certificates".

Answer 4

Thats the wonderful Conspiracy concept i've got heard for a protracted time. The Diana issues getting a tangled and drained presently, the Moon one's humorous, yet no longer something new on it for years, the actuality that JFK is descended promptly from Brian Boru, (the 1st extreme King (and the final Pagan one) of all eire,) and his line (and Dianas) (and the Royal Stuart domicile) ties in with great historic Figures who've been "sacrificed" in play ideal via background. And he became the sole Catholic President, and the Irish human beings atypical area of interest as a important source of Policemen, (the previous English trick of making use of Irishmen as enforcers against one yet another) those theories would desire to tie in properly at the same time, and eire has had an significant quantity of Gold Mined from it, as a techniques returned via fact the Iron Age, (Irish Gold has been chanced on as a techniques east as India,) the the remainder of the international dropping the wonderful would desire to tie in too, and the great quantities of Nazi Treasure nevertheless in Swiss Banks. And it probably led to the "credit Crunch," too, cos someplace alongside the line, Squindillions of Quid have been siphoned off someplace, If i do no longer drop this ideal now, i will probably set off yet another "episode" and that would desire to be "problematical" . final time I caught me Head up, somebody hit it with something, and that rather Vexed I! ( The above perspectives are no longer inevitably held as real via the author,or any linked occasion or events, and any inferance or end drawn via any 0.33 occasion or events is totally of the forementioned 0.33 occasion(s) very own Fevered mind's eye, and not something in any respect to do with the author, who refutes any circumstantial or direct results of any action serious related to suggestions from any 0.33 occasion(s) is a results of any area of the above Hypothetical state of affairs ) ( Do you think of that'll conceal my @rse? )

Answer 5

It is too late to do this. Take it to a coin shop and sell it to them.

Answer 6

Just take it to the bank.