1923 Peace Dollar and Horse Blanket Note - The Last Large Note

Related Products Bullionshark 1923-S Peace Dollar AU+ MSRP: Was: Now: $132.95 Add to Cart 1923 Peace Silver Dollar PCGS MS64 MSRP: $169.00 Was: Now: $119.75 Add to Cart Bullionshark 1923-S Peace Dollar Brilliant Uncirculated - BU MSRP: Was: Now: $136.00 Add to Cart Bullionshark 1923 Peace Dollar Brilliant Uncirculated (100th Anniversary) MSRP: Was: Now: $139.00 Add to Cart Description In the early 1900s, US currency was still backed by the Gold Standard, and circulating coinage was struck with a majority precious metal content such as silver. The Peace Dollar was struck from 1921-1935 to symbolize peace after WWI, and had an incredible 90% Silver content. At the time, there were also special notes known as silver certificates in circulation. These notes would have a face value like any other $1 bill, and also featured George Washington in the center. However, silver certificates had blue numbering on the obverse, and could be redeemed for a silver dollar at any time from a bank! Redemptions were discontinued in the 1960s once US currency was no longer backed by the value of silver and gold. This set includes a 1923 Peace Dollar and a 1923 "Horse Blanket" Silver Certificate. The 1923 Silver Certificate is colloquially nicknamed the "horse blanket" note as it was a few inches larger in size than the current paper money in circulation - they were "big enough" to cover a horse! While not actually that large, this 1923 issue was the last year that notes were larger in size, as the size was reduced as a cost-cutting measure by the US Mint to the size we are all familiar with today. This is a very cool set to have - two forms of a silver dollar from the same year! Add this blast from the past set to your collection and learn from the numismatic history of the US today! Highlights: Circulated condition Last Year of Issue note 90% Silver dollar