The Bureau of Engraving & Printing assembled this display with die proofs of silver certificates from the 1891, 1896, and 1899 series. In accordance with an Act of Congress dated Feb. 28, 1878, the Department of the Treasury issued to the public, silver certificates, which could be exchanged for silver dollars. On May 25, 1964, the Secretary of the Treasury announced that silver certificates could no longer be redeemed for silver dollars. Subsequently, another Act of Congress dated June 24, 1967, provided that the certificates could be exchanged for silver bullion for a period of one year, until June 24, 1968. Those certificates, which remain outstanding, are still legal tender and can be spent just like a federal reserve note.
This particular series of notes is one of the most artistically inspired of any of the U.S. currency; the Bureau hiring prominent American artists to provide the designs to serve as the engravers' models. This display is on loan to the Treasury Building from the Bureau of Engraving & Printing.
Last Updated: December 12, 2008