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Title: Question: I just receied a 5 dollar silver certificate
Source: [None]
URL Source: http://None.net
Published: Nov 22, 2010
Author: Le Chevaux
Post Date: 2010-11-22 18:41:26 by Horse
Keywords: None
Views: 212
Comments: 6


Poster Comment:

Yesterday I received a five dollar silver certificate in change from the store. It says I can redeem this in silver from the Treasury upon demand. If I give this to Tim Geithner will he give me dollars in silver quarters? Or will he five these copper post Kennedy quarters?

Do people buy old paper money? This is too well worn for collectors.

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#3. To: Horse (#0)

If I give this to Tim Geithner will he give me dollars in silver quarters?

No, he will not. People have tried to trade their silver certificates for actual money but all they ever got offered was more pieces of paper. Now if that silver certificate was in mint condition some collector would probably give you a good price for it. But being that it is very worn it wouldn't be worth much to a collector. And for you, it will buy you the same amount of groceries as five federal reserve notes euphemistically referred to as "dollars" (which they are not).

James Deffenbach  posted on  2010-11-22   19:33:59 ET  Reply   Untrace   Trace   Private Reply  


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