How Bearish is this....

As a commemeration of the comming to the end of the first Bear Cycle.... The baby Bear if you will.

I done purchased me a 1 dollar 1935-E XF Silver Certificate.

I know nothing about it......

Let's find out.

looks like what I have is a 1/1953-7/1957 1935-e xf series silver certificate 1.

it is XF grade.(as the currency nerds call it.)

Extremely Fine (or XF): A note in this grade will be bright, fresh, crisp, and attractive, but a few light folds or bends may be present. The overall eye appeal will be above average, and only the slightest soiling may be visible. A note in this grade might have a few light folds or several very minor bends, or a couple of vertical creases may be present. A note with a horizontal fold and three vertical folds cannot technically grade XF, although a very light horizontal bend that does not "break" the surface of the paper might be acceptable at this grade level if the three vertical folds are not heavy and there are no other apparent flaws. A typical XF note may have a couple of pinholes, but any larger holes would prevent a note from reaching this grade level.

It's a 1 dollar note dated 1935E, the E represents a change in the design of the 1935 bill also the year 1935 may not be when it's issued instead the year the first note was issued until a major design change. The next dollar bill year would be 1957.

Also of note is that it doesn't have "IN GOD WE TRUST" on it.

Silver Certificates-In accordance with an Act of Congress, dated February 28, 1878, the Department of the Treasury issued to the public Silver Certificates which could be exchanged for silver dollars.

On March 25, 1964, the Secretary of the Treasury announced that Silver Certificates would no longer be redeemable for silver dollars. Subsequently, another act of Congress dated June 24, 1967, provided that Silver Certificates could be exchanged for silver bullion for a period of one year, until June 24,1968. Even though silver certificates are no longer printed, those which remain outstanding are still legal tender and can be spent just like a Federal Reserve Note.

.After the abandonment of the gold standard in 1933, all types of issued currency (silver certificates, Federal Reserve notes, and United States Notes) were redeemable only for silver.

in 1935, the design of the one dollar bill was changed again. On the obverse, the blue numeral 1 was changed to gray and made smaller, the gray ONE to the left was removed, the treasury seal was made smaller and superimposed by WASHINGTON D.C., and a stylized ONE DOLLAR was added over the treasury seal. The reverse was also changed to its current design, except for the absence of IN GOD WE TRUST.

Treasurer was:

Ivy Baker Priest (September 7, 1905 in Kimberly, Utah – June 23, 1975) was a politician. She served as United States Treasurer, January 28, 1953–January 29, 1961. She was later elected as a Republican to the office of California State Treasurer, serving two terms from 1967-1975. She had previously run for Congress in Utah on the Republican ticket in 1934 and 1950, losing both times. She is the mother of Pat Priest, an actress most famous for playing Marilyn Munster in the 1960s television show The Munsters.