-Expert
Facts[]
- Fact 1: A silver certificate was redeemable for its face value in silver from 1878 to 1964.
- Fact 2: Martha washington is the only women depicted on a U.S. note: the $1 silver certificate of 1886, 1891, and 1896.
- Fact 3: A currency note can be folded about 4,000 times before it will tear.
- Fact 4: Silver certificates were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which had effectively placed the United States on a gold standard.
- Fact 5: In March 1964, Secretary of the Treasury C. Douglas Dillon halted redemption of silver certificates for coined silver dollars; during the following four years, silver certificates were redeemable in uncoined silver "granules." All redemption in silver ceased on June 24, 1968.