Silver certificate

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A silver certificate is a certificate of ownership that

NORFED
from 1998 to 2009.

Cuba

Cuban silver certificates were issued between 1934 and 1949 (and circulated from 1935 to the early 1950s). Prior and subsequent issues of Cuban banknotes were engraved and printed by private bank note companies in the United States, but the series from 1934 to 1949 were designed, engraved, and printed by the US at the Bureau of Engraving and Printing (BEP).[1][2][3]

The first Cuban banknotes were issued in 1857 for El Banco Español De La Habana.

American Bank Note Company (ABNC) engraved and printed Cuban banknotes for issues in 1889,[6] 1896,[7] 1897,[8] 1905 for the National Bank of Cuba,[9] 1944,[10] and a 1949–50 issue for the Banco Nacional De Cuba (printed until 1960).[10] Between 1905 and the introduction of BEP issued Cuban silver certificates in 1934, no banknotes were produced.[11]

Netherlands

Dutch 2.50 guilder silver certificate from 1927.

In 1914, because of silver shortage for minting, the Dutch government introduced silver certificates (zilverbonnen) for 1, 2½ and 5 guilder. Although the 5 guilder were only issued that year, the 1 guilder notes continued until 1920 and the 2½ guilder until 1927. In 1926, the Netherlands Bank introduced 20 guilder notes, followed by 50 guilder in 1929 and 500 guilder in 1930. These introductions followed the cessation of production of the unusual 40, 60 and 300 guilder notes during the 1920s. In 1938, silver notes were reintroduced for 1 and 2½ guilders.

United States

Silver certificates were issued between 1878 and 1964 in the United States as part of its circulation of

Federal Reserve Notes and are thus obsolete, but still valid legal tender at their face value.[12]

Large-size silver certificates (1878 to 1923)[nb 2] were issued initially in denominations from $10 to $1,000 (in 1878 and 1880)[15][16] and in 1886 the $1, $2, and $5 were authorized.[16][17] In 1928, all United States bank notes were re-designed and the size reduced.[18] The small-size silver certificate (1928–1964) was only issued in denominations of $1, $5, and $10.[19]

See also

References

  1. ^ Phillips, J.D. (24 March 1934). "$10,000,000 Silver Ordered by Cuba". The New York Times. p. 6 – via ProQuest Historical Newspapers: The New York Times (1851-2010).
  2. ^ Shafer, 2001, p.298.
  3. . Retrieved 11 October 2014.
  4. ^ a b Cuhaj, 2012, p.397.
  5. ^ Cuhaj, 2012, p.398.
  6. ^ a b Cuhaj, 2012, p.399.
  7. ^ Cuhaj, 2012, p.401.
  8. ^ Cuhaj, 2012, p.402.
  9. ^ Cuhaj, 2012, p.403.
  10. ^ a b Cuhaj, 2012, p.405.
  11. ^ Cuhaj, 2012, p.404.
  12. ^ a b c "Silver Certificates". Bureau of Engraving and Printing/Treasury Website. Archived from the original on 3 April 2014. Retrieved 12 February 2014.
  13. ^ Leavens, p. 24.
  14. ^ Friedberg & Friedberg, p. 7.
  15. ^ Blake, p. 18.
  16. ^ a b Friedberg & Friedberg, p. 74.
  17. ^ Knox, p. 155.
  18. ^ Friedberg & Friedberg, p. 185.
  19. ^ Friedberg & Friedberg, p. 187.

Notes

  1. ^ In denominations of 50, 100, 300, 500, and 1,000 pesos.[4]
  2. ^ Large size notes represent the earlier types or series of U.S. banknotes. Their "average" dimension is 7.375 × 3.125 inches (187 × 79 mm). Small size notes (described as such due to their size relative to the earlier large size notes) are an "average" 6.125 × 2.625 inches (156 × 67 mm), the size of modern U.S. currency. "Each measurement is +/- 0.08 inches (2mm) to account for margins and cutting".[14]

Bibliography