$5.00 DOLLAR BILL UNITED STATES NOTE

glass half fool

Bronze Member
Jul 17, 2017
1,047
1,876
North of the Mason Dixon line
Detector(s) used
White 5900DiPro
Primary Interest:
All Treasure Hunting

Attachments

  • IMG_1765rz.JPG
    IMG_1765rz.JPG
    261.5 KB · Views: 31

UnderMiner

Silver Member
Jul 27, 2014
3,782
9,641
New York City
🥇 Banner finds
2
Detector(s) used
Minelab Excalibur II, Ace 250
Primary Interest:
All Treasure Hunting
It wasn't issued by the Federal Reserve but by the US government. I don't think it makes any legal difference now though. Same as you can't exchange silver certificates for actual silver from banks anymore. In 1953 you could exchange this for silver at the bank since all coins were silver and a $5 bill could exchange for 5 silver morgan dollars which were still abundant in bank vaults at the time.
 

OP
OP
G

glass half fool

Bronze Member
Jul 17, 2017
1,047
1,876
North of the Mason Dixon line
Detector(s) used
White 5900DiPro
Primary Interest:
All Treasure Hunting
It wasn't issued by the Federal Reserve but by the US government. I don't think it makes any legal difference now though. Same as you can't exchange silver certificates for actual silver from banks anymore. In 1953 you could exchange this for silver at the bank since all coins were silver and a $5 bill could exchange for 5 silver morgan dollars which were still abundant in bank vaults at the time.
Thanks for the quick reply . So it is different than a regular $5.00 bill . Or at least it was at some point in time I think I would prefer the Silver Morgan coi.ns
 

Top Member Reactions

Users who are viewing this thread

Top