To expand on silver certificates. At one time, you could take all your greenbacks to the bank and they would pour you a silver bar to the dollar. This is how there's still large silver bars, of odd weights, still in private collections today. Stamped with names like The Bank of New York City. (Or something close to that.) Btw, thank Lincoln for the greenback. Up until 1964 American coins (intended for everyday circulation) were minted as 90% silver (10% copper was added to strengthen the silver.) There's so much more, but I don't have the time rn
To expand on silver certificates.
At one time, you could take all your greenbacks to the bank and they would pour you a silver bar to the dollar. This is how there's still large silver bars, of odd weights, still in private collections today. Stamped with names like The Bank of New York City. (Or something close to that.)
Btw, thank Lincoln for the greenback.
Up until 1964 American coins (intended for everyday circulation) were minted as 90% silver (10% copper was added to strengthen the silver.)
There's so much more, but I don't have the time rn
(post is archived)