Lot Number:62
Start Time:5/8/2024 4:00:00 AM
End Time:5/26/2024 10:32:00 PM
Bid Count:13
Winning Bidder:r****t
Starting Bid:$1.00
Bid Increment:$1.50
Current Bid:$18.00
Bidding complete

The 1923 $1 Silver Certificate was the last of the large-sized dollar bills issued by the United States [1, 2]. These big banknotes were nicknamed "horse blankets" due to their size compared to the smaller bills we use today [6].

Here's what makes the 1923 $1 Silver Certificate interesting:

  • Large Size: Measuring 7.375 inches by 3.125 inches, it dwarfs the dollar bills in your wallet [3, 7].
  • Silver Backing: These certificates were backed by silver held by the U.S. Treasury. In theory, you could redeem your certificate for a silver dollar at a bank [1, 8]. (This convertibility to silver ended in the 1960s.)
  • Design: The front features a large portrait of George Washington in the center [2, 6]. The reverse depicts a complex design with an ornate central device, often referred to as the "cogwheel" [8, 9].
  • Limited Mintage: The large dollar bills were phased out in the 1920s, making the 1923 series one of the last [6].


The value of a 1923 $1 Silver Certificate depends on its condition and rarity. Here's a rough idea:

  • Circulated notes (that have been spent) can range from $40 to $99 depending on condition [2, 3, 4].
  • Uncirculated notes (in pristine condition) can be much more valuable, especially for rare varieties [3].

Where to Find More Information:

  • Online resources for coin collecting and paper money can provide more information on valuing your specific note. These might include professional coin grading services or online databases.
  • The Littleton Coin Company and GovMint.com sell and provide information about collectible paper money, including 1923 $1 Silver Certificates [2, 3].
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