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This article is from the Paper Money Collecting FAQ, by Bruce Giese giesewpm@tiac.net with numerous contributions by others.

3.3) USA Paper Money: What are Silver Certificates and Gold Certificates?

From 1878 through 1957, the US issued Silver Certificates, most
of which looked similar to current US paper money. These were
backed by silver. In a similar manner, Gold Certificates were
issued from 1863 to 1922 and were backed by real gold.

 

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• prev: 3.2) USA Paper Money: What is a National Banknote?
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• next: 3.4) USA Paper Money: Can you exchange Silver Certificates for real silver?

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