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Man Owns $10 Silver Certificate Valued At $500,000
WRIC.COM ^ | 26 OCTOBER 2013 | AP

Posted on 10/28/2013 7:11:23 PM PDT by Extremely Extreme Extremist

Edited on 10/28/2013 7:44:07 PM PDT by Admin Moderator. [history]

ROYERSFORD, Pa. (AP) -- A suburban Philadelphia man has perhaps the most valuable ten-spot you'll ever see.

Thirty-nine-year-old Billy Baeder, of Royersford, owns a 1933 $10 silver certificate that an auctioneer says is worth at least a half-million dollars.

The bill bears an unusual inscription, "Payable in silver coin to bearer on demand," and has the serial number "A00000001A." It is perhaps the most valuable bill printed since 1929, when bills were shrunk to their current size.

[snip]


TOPICS: Business/Economy; Culture/Society
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1 posted on 10/28/2013 7:11:23 PM PDT by Extremely Extreme Extremist
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To: Extremely Extreme Extremist
1933

Back in the Good Ol' Days. Not like today, when the economy really sucks.

2 posted on 10/28/2013 7:12:58 PM PDT by ClearCase_guy (21st century. I'm not a fan.)
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To: Extremely Extreme Extremist

I had a one dollar silver certificate which I gave to my Granddaughter.

Just a curiosity really. It may not even be worth a dollar as I think they are no longer legal tender.


3 posted on 10/28/2013 7:15:01 PM PDT by yarddog (Romans 8: verses 38 and 39. "For I am persuaded".)
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To: Extremely Extreme Extremist

wow


4 posted on 10/28/2013 7:22:34 PM PDT by GeronL
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To: Extremely Extreme Extremist

http://www.oldcurrencyvalues.com/1933_10_Silver_Certificate.html


5 posted on 10/28/2013 7:28:27 PM PDT by smoothsailing
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To: Extremely Extreme Extremist

If the Government hasn’t figured out a way to get the best part of this money don’t worry: They will.


6 posted on 10/28/2013 7:29:44 PM PDT by Venturer (Keep Obama and you aint seen nothing yet.)
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To: yarddog

It’s still legal tender, so far the United States has NEVER declared any currency canceled. (I don’t doubt Obama will change that!)

However, it is no longer redeemable for a genuine silver dollar. You can still get a base metal “silver” dollar for it.


7 posted on 10/28/2013 7:31:16 PM PDT by null and void (I'm betting on an Obama Trifecta: A Nobel Peace Prize, an Impeachment, AND a War Crimes Trial...)
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To: null and void

That is good news as the fact that it can still be spent should make it worth a little more as a collectible too.

There were so many of them made that I doubt they will ever be worth much tho. I can remember when there would be just as many silver certificates circulating as federal reserve notes.


8 posted on 10/28/2013 7:36:56 PM PDT by yarddog (Romans 8: verses 38 and 39. "For I am persuaded".)
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To: yarddog

Collectors pay a few bucks for them.


9 posted on 10/28/2013 7:37:11 PM PDT by Bogie
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To: Extremely Extreme Extremist

Sell it dude, before the guvmint will simply not honor it.


10 posted on 10/28/2013 7:37:28 PM PDT by Kevmo ("A person's a person, no matter how small" ~Horton Hears a Who)
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To: Extremely Extreme Extremist; Allegra; big'ol_freeper; Lil'freeper; shove_it; TrueKnightGalahad; ...
Re:

Bump until my Double Eagle... hits the market!

11 posted on 10/28/2013 7:40:25 PM PDT by Bender2 ("I've got a twisted sense of humor, and everything amuses me." RAH Beyond this Horizon)
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To: Bogie

When I was a baby in 1947 my Uncle gave me a mint Morgan silver dollar. I gave it to my Grandson a few years ago.

I think they have increased to around $10, maybe a little more but there were a huge number of Morgan silver dollars made so I doubt they will ever get really valuable.


12 posted on 10/28/2013 7:40:31 PM PDT by yarddog (Romans 8: verses 38 and 39. "For I am persuaded".)
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To: yarddog
Well, what is really valuable? You made 1,000 % already. Hey, what if you had a penny that was worth $5?
13 posted on 10/28/2013 7:44:44 PM PDT by Bogie
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To: yarddog

Do you remember United States Notes? Red treasury seal and serial number, issued by the US government, not the private Federal Reserve.


14 posted on 10/28/2013 7:45:08 PM PDT by null and void (I'm betting on an Obama Trifecta: A Nobel Peace Prize, an Impeachment, AND a War Crimes Trial...)
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To: null and void

Yes, I do remember United States notes.


15 posted on 10/28/2013 7:47:05 PM PDT by yarddog (Romans 8: verses 38 and 39. "For I am persuaded".)
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To: yarddog

Golly, you must be OOOOOLD, mister!

(I do too)


16 posted on 10/28/2013 7:50:58 PM PDT by null and void (I'm betting on an Obama Trifecta: A Nobel Peace Prize, an Impeachment, AND a War Crimes Trial...)
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To: ClearCase_guy

a Hershey bar for a nickel,

A NICKEL !


17 posted on 10/28/2013 7:51:12 PM PDT by Big Red Badger ( - William Diamonds Drum - can You Hear it G man?)
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To: Bender2

Those $20 Confederate Bender coins are pretty rare. I saw one on eBay and the bid was up to $20.85.


18 posted on 10/28/2013 7:52:25 PM PDT by Two Kids' Dad (((( ))))
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To: Extremely Extreme Extremist

What’s really remarkable about rare items with high value is that besides being a store of value, they are easy to conceal. These items may actually be the best way to circumvent capital controls. I would imagine that drug dealers like this stuff.
So if you want to get something of high value out of the US, baseball cards, rare paper currency and rare postage stamps seem to be a lot less conspicuous than gold eagles. Just make sure that someone else is carrying the certificates.


19 posted on 10/28/2013 7:56:10 PM PDT by grumpygresh (Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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To: blam

No. 001 Silver Cert.


20 posted on 10/28/2013 7:57:40 PM PDT by Jet Jaguar
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