Catalog
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| Issuer | United States Treasury |
|---|---|
| Year | 1934 |
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| Currency | Dollar (1785-date) |
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| Obverse description | A central intaglio vignette presents an oval portrait of Alexander Hamilton against a fine guilloche underprint. The Treasurer's signature and the numeral "10" appear to the left, while the Secretary of the Treasury's signature and the blue Treasury seal are positioned to the right. Blue serial numbers are printed in the upper right and lower left corners. |
|---|---|
| Obverse lettering | SILVER CERTIFICATE THIS CERTIFIES THERE IS ON DEPOSIT IN THE TREASURY OF THE UNITED STATES OF AMERICA THIS CERTIFICATE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE WASHINGTON, D.C. TEN DOLLARS IN SILVER PAYABLE TO THE BEARER ON DEMAND |
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| Comments |
Silver Certificates of this series were redeemable in silver bullion rather than coin after 1934 — a quiet but significant shift from the earlier obligation to pay in silver dollars. The Silver Purchase Act of that same year massively expanded federal silver holdings, and these notes were the mechanism through which that stockpile entered circulation. The four signature combinations track the note's lifespan across a full decade of Treasury turnover, from Morgenthau's long tenure under Roosevelt through the early postwar years.
The 1934B pairing — Julian and Vinson — is the scarcest of the four series. Fred Vinson served as Treasury Secretary for barely a year before Truman appointed him Chief Justice in 1946.