How Much Is a 1928 $1 Silver Certificate Worth

How Much Is a 1928 $1 Silver Certificate Worth?

The value of a 1928 $1 Silver Certificate can vary depending on several factors, including the condition of the note, its rarity, and the demand among collectors. Silver Certificates were issued by the United States government as a form of legal tender until 1964 when the use of silver was discontinued in circulating coins. These certificates were backed by silver held in the U.S. Treasury.

At face value, a 1928 $1 Silver Certificate is worth $1. However, due to its collectible nature, these notes often hold a higher value than their face value. The condition of the note plays a significant role in determining its worth. Uncirculated or well-preserved examples can command a premium, while heavily circulated or damaged notes may have a lower value.

In general, a 1928 $1 Silver Certificate in average circulated condition can be worth around $10 to $20. However, notes in exceptional condition or those with rare features can have significantly higher values. For example, a 1928 $1 Silver Certificate with a star symbol (indicating a replacement note) or a low serial number can be worth several hundred dollars or more.

It is important to note that the value of collectible currency can fluctuate over time due to changes in the market and collector demand. Therefore, it is recommended to consult reputable sources such as coin dealers, currency experts, or online price guides to get an accurate estimate of the current value of a specific 1928 $1 Silver Certificate.


Q: Are all 1928 $1 Silver Certificates worth more than their face value?
A: No, not all 1928 $1 Silver Certificates are worth more than their face value. The condition, rarity, and demand among collectors play significant roles in determining their worth. Heavily circulated or damaged notes may have a lower value.

See also  What Is a Good 100M Time for High School Girl

Q: How can I determine the condition of a 1928 $1 Silver Certificate?
A: The condition of a banknote is typically graded on a scale from Poor (P) to Perfect Uncirculated (PUNC). Factors such as folds, tears, creases, stains, and overall wear are considered when evaluating the condition. It is recommended to consult a professional currency grader or refer to grading standards used by reputable grading services.

Q: Where can I sell a 1928 $1 Silver Certificate?
A: There are various avenues to sell a 1928 $1 Silver Certificate. You can consider selling it to a local coin dealer, online auction platforms specializing in collectible currency, or directly to collectors through online marketplaces. It is advisable to research potential buyers and their reputation before initiating any transaction.

Q: Is there a chance that a 1928 $1 Silver Certificate could be counterfeit?
A: While it is possible to encounter counterfeit banknotes, especially with collectible currency, the likelihood of encountering a counterfeit 1928 $1 Silver Certificate is relatively low. However, it is always recommended to educate yourself about security features and consult experts or reputable sources to ensure the authenticity of any currency you possess.

Q: Can I spend a 1928 $1 Silver Certificate as legal tender?
A: No, 1928 $1 Silver Certificates are no longer considered legal tender. Since 1964, the use of Silver Certificates as a form of currency has been discontinued. However, these notes hold value among collectors and can be sold or traded for their collectible worth.