Rare old silver certificate 1935e series one dollar bill

The 1935 one dollar silver certificates are common, but there are different seal types and different varieties that can be valuable. There are blue seals, brown seals, and yellow seals.

The different series include the following: 1935, 1935A, 1935B, 1935C, 1935D, 1935E, 1935F, 1935G, and 1935H.

In addition, there are also some unique varieties which include the red R and red S experimental notes, the brown seal Hawaii notes, and the yellow seal North Africa notes.

Specifications

How Much Is Your Bill Worth?

As mentioned, the 1935 series is very common. Most of these notes in circulated condition will only sell for their face value of $1. Most coin shops won't even buy them in lightly circulated condition because the profit margins are too low. In very fine condition these bills only sell for around $3.50. In uncirculated condition most bills only sell for around $12-17.50.

The 1935 series is worth more than the 1957 one dollar silver certificate notes, which have a similar look.

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Star Notes

Star notes are overprint notes that have a star before or after the serial number. They are more rare but still many were produced. However there are some rare series that can be valuable.

The common series star notes are worth around $7-12 in very fine condition. In uncirculated condition the price is around $30 for bills with an MS 63 grade.

The 1935 series, 1935A series and 1935B series star notes are more valuable. Each of those star notes will be worth over $100 in uncirculated condition.

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Rare Varieties

Any of the rare varieties below will be much more valuable.

Series 1935A Experimental R and S Notes

In 1944 the US government wanted to experiment with a different type of paper for the one dollar silver certificates. If the bill has a red R then that means that it was the standard paper. If the bill has a red S then that means it was the experimental paper. About one million of each note were printed.

The 1935A experimental R note is worth around $160 in very fine condition. In uncirculated condition the price is around $425 for bills with an MS 63 grade.

The 1935A experimental S note is worth around $125 in very fine condition. In uncirculated condition the price is around $400 for bills with an MS 63 grade.

It's necessary to look at the serial number on these bills because someone could have potentially stamped an R or S onto a standard 1935A bill.

This is the correct serial number range for the legitimate R and S bills:

Red R: S70884001C - S72068000C
Red S: S73884001C - S75068000C

Star notes are in existence and they are very rare- only about 24,000 in total were printed. These rare star notes will sell for thousands of dollars each.

This is the correct serial number range for the legitimate R and S star note bills:

Red R: *91176001A - *91188000A
Red S: *91188001A - *91200000A

1935A Hawaii Notes

The 1935A Hawaii $1 note is also known as the 1935A WWII note. The word Hawaii is clearly printed on the left hand side of the bill, and on the entire back of the bill. Each note has a brown seal.

This was an overprint that was issued as a response to the Pearl Harbor attack. The theory was that if Japan took over Hawaii then they would capture a lot of US currency. If that happened then the US government would declare any Hawaii stamped note to be invalid.

The 1935A Hawaii $1 note is worth around $65 in very fine condition. In uncirculated condition the price is around $195 for notes with an MS 63 grade.

Star notes are also available and there were 204,000 printed. The 1935A Hawaii $1 star note is worth around $250 in very fine condition. In uncirculated condition the price is around $2,000 for notes with an MS 63 grade.

North Africa Notes

The 1935A North Africa $1 note is less rare than some of the other 1935A varieties. This note was issued to the US military in WWII. It's easy to spot because the seal is yellow and the paper is darker.

The 1935A Northa Africa $1 note is worth around $75 in very fine condition. In uncirculated condition the price is around $285 for notes with an MS 63 grade.

Note: There were different block varieties and the FC block will sell for a premium in uncirculated condition.

Star notes are available and they are relatively rare- only 144,000 were issued. This was actually the first issued star note series to have an open star. The 1935A North Africa $1 star note is worth around $400 in very fine condition. In uncirculated condition the price is around $1,650 for notes with an MS 63 grade.

Grading System

Very fine- A note that has been in circulation but not for a long time. The note is still relatively crisp. There may be some creases, folds, or light smudges.

MS 63 choice uncirculated- A note that shows no signs of ever having been in circulation. The note still has its original crispness. The note is also well-centered.

Conclusion

Ultimately the value of one of these bills is going to depend on the series and the condition. The standard notes are common so they aren't worth much money. But if you have a rare variety then your bill can be quite valuable. We recommend putting rare bills in currency holders to keep them safe and secure.

Sources:

A Guide Book of United States Paper Money