The First Small-Sized $1 Silver Certificate

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1928-B $1 Silver Certificate
Item # 013066 
Graded Crisp Uncirculated-64 by PMG  
Price: $225.00
QTY:

Country:
 U.S.A.
Date:
 1928
Denomination:
 1  Dollar
Dimensions:
 6 x 2 5/8"
Condition:
 Crisp Uncirculated
Grade:
 PMG-64
Obverse:
 Bust of George Washington, Treasury seal in blue, denomination
Reverse:
 Large "One"
Packaging:
 Graded Currency Sleeve
In 1928, the Treasury Department reduced the size of its $1 Silver Certificate in order to cut production costs and speed up transactions. Featuring the familiar bust of George Washington on the obverse, the reverse was a simplistic design. Instead of a monument or vignette, it features a large ONE with ONE DOLLAR superimposed over it. For this reason, the note was referred to as a “Funny Back.” These certificates saw widespread use after the Great Depression hit in 1929, meaning few survive in nice condition. Remarkably, the specimens we have available are all in Crisp Uncirculated (PMG-64) condition.