How to Sell Silver Certificate 1935 E-Series

••• front of old us dollar image by Kenneth Summers from Fotolia.com

Like silver and gold coins, U.S. silver certificates also are highly collectible. And like coins, their prices are a product of condition and rarity. If you are in possession of a CU, (crisp uncirculated) or an AU (almost uncirculated) $1, 1935 Series-E Silver Certificate in either of these conditions, you will have little trouble selling it. If it is a "star" note, meaning there is a small blue star next to the serial number, it will be worth considerably more.

Use your currency catalog to determine the condition and potential value of your silver certificate.

Contact a currency dealer and ask if he is buying silver certificates. If dealers are in your immediate area, it may be faster to visit them in person.

Describe the $1, 1935 Series-E Silver Certificate you are interested in selling. If you are unable to accurately determine its condition, the dealer may ask you to fax an image, or email a photo to him. By dealing in person with a local currency buyer, you can avoid this.

Wait to receive the dealer's offer. Based upon the catalog value, if you receive an acceptable offer, agree to it.

Tips

  • "Star" notes are replacement notes the B.E.P. (Bureau of Engraving and Printing) prints to replace a note which was damaged during the printing process. They are highly valued by collectors.

    Handle your silver certificate carefully. Oil or dirt transferred from your fingers will decrease its value. Keep it flattened in an envelope or transparent plastic sleeve. Do not expose it to excessive amounts of direct sunlight. This will cause the inks to fade.

Warnings

  • The 1935, $1 silver certificate went through a total of eight printings (1935, and Series A-through-G). If your note is in pristine condition, it has collector value. However, if it is worn, creased, wrinkled, soiled/stained, or partially torn, it will have little value to a dealer or collector. Billions of these notes were issued. If yours has been exposed to the ravages of time, it might be advisable to retain it as a keepsake.