And what country can preserve its liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? Let them take arms. The remedy is to set them right as to facts, pardon and pacify them. What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
Thursday, August 19, 2021
I want the five dollar bill to look like this again.
Heck even the Abe version is on the way to extinction now. We're currently in the period of the debit/credit card and rapidly on the way to cyber shekels.
In 1896, the price of silver was 0.66 cents. With this note, you could exchange it for 7.6 ounces of silver.
That same 7.6 ounces of silver today will cost you $178.37.
By the way, that note in uncirculated condition sells for over $10,000.00....just a little above face value!!
"The 1896 $5 silver certificate is generally considered to be the most beautiful piece of paper money ever issued by the United States. It is an iconic bank note. There were only three denominations issued for the 1896 educational series. Those were one, two, and five dollar bills. The five dollar bill is definitely the most expensive and rarest. If you are collecting large size currency, you pretty much have to buy an 1896 $5 silver certificate." http://www.antiquemoney.com/value-of-1896-5-silver-certificate-educational-bill/
It was convertible to 5 silver dollars. 1896 silver dollars are worth an average of $33/each. An uncirculated one from San Francisco is worth $775/each.
Very dramatic, very collectible. Would people even spend them? Maybe put Barack and Creepy Joe on them. Would they be circulated or used as toilet paper. With inflation, we're heading toward the latter...just like Venezuela
The imagery is fascinating. Invariably, the images on paper money told allegorical lessons. Do some research. It's instructive on what our nation stood for, once upon a time.
I'd just like it to be worth $5 again.
ReplyDeleteRight now it's worth about 10¢.
It's also interesting that Grant is on the back, because you'd need a $50 bill to get the same purchasing power right now a $5 in silver had then.
DeleteCoincidence?
Heck even the Abe version is on the way to extinction now. We're currently in the period of the debit/credit card and rapidly on the way to cyber shekels.
ReplyDeleteIn 1896, the price of silver was 0.66 cents. With this note, you could exchange it for 7.6 ounces of silver.
ReplyDeleteThat same 7.6 ounces of silver today will cost you $178.37.
By the way, that note in uncirculated condition sells for over $10,000.00....just a little above face value!!
"The 1896 $5 silver certificate is generally considered to be the most beautiful piece of paper money ever issued by the United States. It is an iconic bank note. There were only three denominations issued for the 1896 educational series. Those were one, two, and five dollar bills. The five dollar bill is definitely the most expensive and rarest. If you are collecting large size currency, you pretty much have to buy an 1896 $5 silver certificate."
http://www.antiquemoney.com/value-of-1896-5-silver-certificate-educational-bill/
It was convertible to 5 silver dollars. 1896 silver dollars are worth an average of $33/each. An uncirculated one from San Francisco is worth $775/each.
DeleteVery dramatic, very collectible. Would people even spend them? Maybe put Barack and Creepy Joe on them. Would they be circulated or used as toilet paper. With inflation, we're heading toward the latter...just like Venezuela
ReplyDeleteI'd rather have a plain ol' $5 90% silver coin. More resilient.
ReplyDeleteThe imagery is fascinating. Invariably, the images on paper money told allegorical lessons. Do some research. It's instructive on what our nation stood for, once upon a time.
ReplyDeleteI love the old school engraving on our money !!
ReplyDeleteWould much rather have that on my money than the Masonic crap that we have now with the eye of Horus …
ReplyDeleteMy daughter actually got a $2 silver certificate in change several years ago. She didn't know what it was. I told her to keep it, and she did.
ReplyDeleteExcept take off Grant and replace him with Lee.
ReplyDelete