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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: 238
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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#1. To: Horse (#0)

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

No

There was a cut-off date for redeeming silver a long time ago, you're SOL.

Do people buy old paper money?

Yes, but unless the bill is mint, it's numismatic value is low

"The person who agrees with you 80 percent of the time is a friend and an ally — not a 20 percent traitor" - Ronald Reagan

Flintlock  posted on  2010-11-22   18:51:45 ET  Reply   Trace   Private Reply  

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

Tim Geithner will give you some brass knuckles once he gets his goon squad up and running in Chicago.

I want either less corruption or more opportunity to participate in it. Ashleigh Brilliant

angK  posted on  2010-11-22   19:25:12 ET  Reply   Trace   Private Reply  

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).

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

He (Gordon Duff) also implies that forcibly removing Obama, a Constitution-hating, on-the-down-low, crackhead Communist, is an attack on America, Mom, and apple pie. I swear these military people are worse than useless. Just look around at the condition of the country and tell me if they have fulfilled their oaths to protect the nation from all enemies foreign and domestic.
OsamaBinGoldstein posted on 2010-05-25 9:39:59 ET (2 images) Reply Trace

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

The govt stopped redeeming these bills with silver around 1968.

The only special value of this bill is to collectors and (depending on how beat up it was) a coin collector store may offer you $6 or $7 (in FRNs) for the $5 silver cert. Otherwise, for all other purposes, it's just five dollars.

Shoonra  posted on  2010-11-22   20:34:54 ET  Reply   Trace   Private Reply  

deleted

The relationship between morality and liberty is a directly proportional one.

"Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters." - Ben Franklin

Eric Stratton  posted on  2010-11-22   22:28:57 ET  Reply   Trace   Private Reply  

My son-in-law tried to spend a 50 dollar silver certificate at a store and they called the police on him, who called in the Feds. They all thought it was counterfeit.

If the coin store or a private collector doesn't want it, it's yours.

ratcat  posted on  2010-11-22   23:36:41 ET  Reply   Trace   Private Reply  

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