A selected type of United States forex issued in 1934, this denomination of silver certificates represents a declare towards the Treasury for a corresponding quantity of silver. These notes have been a part of a collection of forex approved below emergency banking laws in the course of the Nice Melancholy. Its distinct look, with the blue Treasury seal and serial numbers, units it aside from different up to date forex.
Issuance of this forex was a direct response to financial instability. It provided the general public reassurance via a tangible hyperlink to valuable metals. Its significance lies in its reflection of presidency coverage throughout a vital interval, its potential collectable worth, and the insights it gives into the historical past of American financial practices.