These specific examples of currency, issued in the year noted, represent a period when the United States government backed its paper money with silver. These notes are distinguishable by the words “Silver Certificate” prominently displayed, indicating the bearer’s right to redeem them for silver dollars or silver bullion. The 1928 series features a smaller size compared to earlier currency and includes variations denoted by lettered series markings (A, B, C, etc.), signifying different print runs and signatories.
Their significance lies in their tangible connection to a monetary system based on precious metals. They offer insight into the nation’s economic policies during the early 20th century, a period marked by fluctuating economic conditions and shifting financial strategies. Today, they are valued by collectors for their historical importance, relative scarcity (depending on condition and series), and intrinsic beauty. The intricate engraving and historical context contribute to their desirability in the numismatic community.
