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Question by  ver1nha (21)

When were silver certificate dollar bills issued and why?

 
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Answer by  GoBraves20101 (15)

Silver Certificates were issued from 1878 to 1964. The government began to issue them because some citizens were upset that we were on the gold standard. Therefore, the bills were based on the price of silver instead of gold.

 
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Answer by  iggypop (111)

At the time silver was unable to be efficiently mined. Rather than allowing the price of silver to eclipse that of gold, which was the current monetary standard, the US printed certificates to stabilize silver demand.

 
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