In 1928, the United States Treasury decided to reduce the size of its currency in order to speed up transactions, and also to cut costs. By this time, the Federal Reserve had taken over much of the currency market, and the prices of gold and silver had risen greatly. For Series 1928, only $1 Silver Certificates were produced. Fives and tens of this time were mainly Federal Reserve Notes, which were backed by and redeemable in gold. All this would change, however, with the beginning of the Great Depression in October 1929. The United States was plunged into an economic disaster of profound proportions. Many citizens blamed the fluctuating price of gold, which directly affected the U.S. dollar because it was pegged to the value of gold. These notes typically retail for nearly $100 as they are becoming increasingly rare.
A**K
Funny bill
Very rough. Been in circulation a long time. Folds and worn.Thanks
P**Y
Bill was above XF condition, no soiling, no ...
Bill was above XF condition, no soiling, no tears on corners or edges, no pin holes. I would buy from them again.
C**E
Five Stars
nice price as described would buy again
N**N
funnyback note
The seller worked hard makin this sale work even though had to exchange note to make me happy I appreciate everything he did to make everything work
C**A
Item received as advertised
Item received as advertised
I**G
GREAT TO DEAL WITH
Great company to work with, you get what they say you will get!
Trustpilot
1 month ago
1 week ago
