US 1 dollar note

[EgCollector]

Since i am not into note collecting, i need more info on this note please.

Thanks

[scottishmoney]

Back in the old days, ie before 1968-69 the US $1 bill was redeemable for either a silver dollar or later on silver granules.  All US $1 bills issued between 1933-1963 were these silver certificates, beginning in 1963 the government started issuing Federal Reserve Notes which we still have today.  The silver certificates were issued until ca. 1964-5 with the 1957 date.  The value of this note in this grade, ie VF would be about $2.50-$3.00 or so.  Unfortunately they are not redeemable for silver anymore, since the government defaulted on them like it did with the Gold Certificates in 1933.

[EgCollector]

Thanks for the info Scottishmoney