In God We Trust notes, which have the national motto on the back, are increasingly appearing in circulation. The new bills, with their inspirational message on the back, have brought widespread notice to paper currency for the first time.
The growing number of questions from greenhorns who are certain they have made a groundbreaking discovery is evidence of this trend. They have “discovered” a $1 bill that is visually indistinguishable from other bills of the same type, with the exception that it lacks the motto,
1935 Silver Certificate Dollar Bill Without in God We Trust
To begin with, the premium value of such bills is low. They may be found in abundance at most coin shops, and can be bought in uncirculated condition for just a few dollars above face price. Second, the absence of the motto on banknotes is not a sign of fraud.
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They are a byproduct of standard operating procedure at the Bureau of Engraving and Printing. All of the bills in question are Silver Certificates from Series of 1935, which began in 1935 and finished with the issuing of 1935H in 1963.
The slogan did not appear on any banknotes in the series beginning with the 1935A issue and continuing through most of the 1935G issue’s production. To accommodate the Bureau’s 1957 upgrade to high-output, dry-process printing presses, new printing plates had to be designed.
As a result, the first set of $1 silver certificates was issued that same year. The current number in this series is 19578. The slogan appears on every single issue of the 1957 set. To keep up with demand for dollars, printing of the 1935 series (without a motto) continued (using the existing presses).
After running out of old-style plates for the wet-process presses in late 1961, the Bureau took the opportunity to add the motto to the 1935 series reverse design. The conclusion of the 1935G issue saw this unfold.
Approximately 195 million copies of 1935G were produced without the phrase, whereas about 31 million with the motto. However, retailers stash away substantial amounts of both. The phrase is also used on the final issue (1935H).
Prices of Token:
Recently, William Fayerweather held the second of a three-part postal auction of Civil War tokens, which included about 2,505 different variants. A variety of tokens with patriotic and political themes were presented in the first section, and the alphabetical listing of commercial tokens by state got underway.
During the Civil War, many states used store cards or tradesmen’s tokens in place of paper currency for small purchases like food and drink, especially in the years 1863 and 1864. The mailbid auction’s second section continued listing store cards by state, this time moving on to Ohio from Michigan.
As expected, the third installment will take place soon. After that time, you can pay Mr. Fayerweather $1 for a prices-realized list of all three sections. Helpful as a companion to George and Melvin Fuld’s two paperback reference books on these intriguing relics of Americana, this should serve as a reliable guide to the present values of Civil War tokens.
(The publications, “Patriotic Civil War Tokens” and “A Guide to Civil War Store Card Tokens,” both include many illustrations and may be found in any numismatic bookstore.)
Naturally, Mr. Fayerweather’s auction lots correspond to the Fuld books’ numbering scheme. Serious collectors who order the prices realised list now may still be able to receive back copies of the Part 1 and 2 listings. His home is at 2191 Tinsman Road, Fenton, MI 48430.
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The Henry Hudson Canadian Coin Club was recently created in response to the rising number of Canadian coin and token collectors in the greater New York area, and the club has already seen a significant uptick in membership.
The president is New Rochelle native John P. Jensen. Miss Julia Mayer, 2525 Church Avenue, Brooklyn, New York 11226 is the secretary. The Henry Hudson Hotel is located at 353 West 57th Street, and regular meetings are conducted there on the second Sunday of the month, at around 2:30 in the afternoon.
James T. Murphy of College Point, a driving force behind the club’s founding, explains that the name was chosen to honour Henry Hudson’s unique contribution to the growth of Canada and the United States.