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1 Dollar Silver Certificate, Blue Seal and 1
| Issuer | United States Treasury |
|---|---|
| Year | 1934 |
| Type | Log in to see details |
| Value | 1 Dollar (1 USD) |
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| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is dominated by an intricate green intaglio design centered on a large stylized ONE rendered in ornate letterpress, with the inscription ONE DOLLAR above and fine lathe-work guilloche filling the surrounding fields. |
| Reverse lettering | ONE DOLLAR ONE |
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| Comments |
The 1934 Silver Certificate series replaced the 1928 series primarily because the Treasury needed to update the signature combination — Julian and Morgenthau, reflecting Henry Morgenthau Jr.'s appointment as Secretary of the Treasury in January 1934. The redesign also reduced note dimensions from the pre-1929 "horse blanket" format, though that change had already occurred with the 1928 series; the 1934 notes simply continued in the smaller format.
Silver Certificates of this period were redeemable directly for silver dollar coins until 1934, when the Silver Purchase Act shifted redemption toward silver bullion rather than coin — a meaningful distinction that reflects the broader nationalization of silver occurring under Roosevelt's monetary policies that year.