Friday, October 31, 2008

Interesting Find

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My husband found an interesting piece of history in his wallet recently.  He found a 1957 $1 Dollar Silver Certificate.  We plan to frame this piece of monetary history right along with a $1 Federal Reserve Note. 

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It is such a shame that we can't redeem our sliver certificate for actual silver even though it does say "One Dollar In Silver Payable To The Bearer on Demand".  It still is pretty interesting especially when you read the words "Silver Certificate" verses the "Federal Reserve Note" and especially these words "This Certifies That There Is A Deposit In The Treasury Of The United States Of America" it just signifies so much on how our dollar use to be backed by actual Silver and Gold and now the dollar is backed by nothing but a mere "I'll gladly buy today and pay you back tomorrow". 

Well we will enjoy this little dollar and I think it would be the perfect time to show the children this video. 

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