Old $20 bill

I had a $1 silver certificate. I think it was dated 1935. It was the last year before they started printing “in God we trust” on bills. I looked it up, and it was worth $1.00. Used it along with other bills to pay my car insurance. I told the guy at my insurance company to look at the date on it. He set it aside, and I walked to my truck smiling. I imagine he thought it was worth more also.

Most of the 1950 $20 bills are only worth their face value of $20 in circulated condition. In very fine condition the value is around $25. In uncirculated condition the price is around $50-75 for bills with an MS 63 grade. The 1950E series $20 bills are more valuable

That twenty really isn't that special. A small premium, a couple of dollars, if you could find a buyer. In mint condition, that's another story. Or if it was a * (star note).
The best bet for currency is 1929 and before. 1929 for National Currency notes, and before that when paper money was a larger physical size.

Jive Turkey said:

I had a $1 silver certificate. I think it was dated 1935. It was the last year before they started printing “in God we trust” on bills. I looked it up, and it was worth $1.00. Used it along with other bills to pay my car insurance. I told the guy at my insurance company to look at the date on it. He set it aside, and I walked to my truck smiling. I imagine he thought it was worth more also.

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Hate to break it to you, the $1 silver certificate is not even worth $1 anymore.

When my kid got into collecting old currency a couple years ago (he's since transitioned into, then out of vinyl records, Monopoly games, and currently vintage video games) I learned a lot in a short amount of time.

lafayettemx said:

Hate to break it to you, the $1 silver certificate is not even worth $1 anymore.

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1-Paper money printed by the U.S Govt/Treasury Dept post civil war is still worth face value...even the 1870 fractional note in his collection.
2-Even the most beat up, barely
readable pre-1964 silver coins are still worth melt value. Even the most beat up, barely readable Morgan silver dollar minted in Carson City is still worth a lot more than melt value.

3-WWII replacement currency was entirely new knowledge for me and everyone should know about it.

4-The US printed currency for several nations in the aftermath of WWII. Japan, Phillipines, France, Italy and Germany IIRC. I said I learned a lot, not that I remembered it all.

Also do not forget Hawaii had there own money during world war 2 . Kind of interesting story.

Somewhere ( I`m embarrassed to say I don`t know where ) I have a 1921 silver dollar that belonged to my dad. That was the year he was born. Carried it in the Pacific during WWII. He also had a Japanese uniform insignia that he " procured " on Saipan. Never asked him how he got it.

Hey, a 1950 $20 bill has gotta be worth more. A LOT of inflation since 1950! I'd hold out for not a dime less than $40 (and I haven't done the arithmetic, but I expect it's not far off 100%).

Doug

I bet it had been in a Chippendales event several times or a favorite strip club.

The way things are going our future paper money will come in rolls to tear off what you need.

it does have more inherent value than newer currency that is not backed by silver or gold.
the idea behind a certificate is that you could theoretically ask to exchange this for $20 worth of silver.
or that is what i remember from grade school times.

When my Mom past away I was cleaning her house and found several hundred dollars in an old picture frame. I did not think anything about it but when I went to spend it several young cashiers would not take it without getting a managers opinion first. The bills were from the 1980s and looked different. DR

Sure is (or isn't) interesting how "Payable on Demand) (Silver) is good at one point in time and not good at another point in time.

Sure wish I had more than a few of the "50 Dollar Gold Coin" the largest said to have been produced (seen on an old re-run, Johnny Carson) brought up from the ocean bottom looking like it had been minted yesterday! What a beautiful coin!

scooter22 said:

The way things are going our future paper money will come in rolls to tear off what you need.

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Didn't that pretty much already happen?

I think my roll of 100s says Scott on the wrapper. Buy the 1,000 sheet rolls by the 12 pack.

rr2241tx said:

I think my roll of 100s says Scott on the wrapper. Buy the 1,000 sheet rolls by the 12 pack.

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I was calling toilet paper white gold during the pandemic.

rr2241tx said:

I think my roll of 100s says Scott on the wrapper. Buy the 1,000 sheet rolls by the 12 pack.

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I think they would partner with Charmin brand TP. Simple to change the name to Chairman TP