Silver Certificate Redemption Set at $5
Jul 01, 2022
2 minutes
By Richard Giedroyc
■ Was there ever a maximum redemption amount set on redeeming bank notes for silver prior to the withdrawal of the Silver Certificate?
A maximum legal tender amount of $5 was placed on redeeming Greenbacks for silver through the Specie Payment Resumption Act of 1875. Silver, already declining in
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