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1 silver dollar 1899

America › North America › United States of America
P-338c(5)1899U.S. GovernmentVF
1 silver dollar 1899 from United States of America, P-338c(5) (1899) — image 1
1 silver dollar 1899 from United States of America, P-338c(5) (1899) — image 2

About This Note

This is a 1899 U.S. Silver Certificate for one dollar in Very Fine condition, featuring the iconic bald eagle with spread wings dominating the front design with the Capitol building visible in the background. The note exhibits the characteristic ornate engraving and decorative scrollwork typical of late 19th-century American currency, though it shows expected signs of age including foxing, discoloration, and pencil annotations consistent with historical circulation. The dual portrait medallions and intricate security engraving demonstrate the high artistry of American banknote production during this period.

Rarity

Common. The 1899 Silver Certificate, one dollar denomination, is among the most widely produced and circulated silver certificates. Millions were issued throughout 1899 and remained in circulation for decades. Even in Very Fine condition, specimens are readily available in the numismatic market. The Pick P-338c(5) designation indicates this is a standard variety from a large print run with no exceptional scarcity factors.

Historical Context

This 1899 Silver Certificate was issued during the height of the silver dollar era, when such certificates represented a holder's claim on actual silver deposited in the U.S. Treasury—a tangible link to the silver standard that backed American currency. The prominent eagle and Capitol building imagery reflect the nationalist sentiment and confidence in federal institutions of the McKinley administration era. The 'payable to bearer on demand' clause illustrates the gold and silver standard monetary system that would remain in effect until the 20th century reforms.

Design

The front features a central vignette of a majestic bald eagle with fully spread wings, perched upon a rocky outcrop with the neoclassical U.S. Capitol building visible in the background—symbolizing American strength, sovereignty, and democratic governance. Two male portrait medallions flank the lower portion of the note; these represent contemporaneous Treasury officials or statesmen (specific identities typical of 1899 certificates would require further research into the series). The U.S. Treasury seal appears in blue on the right side, while ornamental rosette designs and elaborate scrollwork fill the corners and borders throughout. The overall layout follows the classical American certificate design aesthetic with nested rectangular and circular frames emphasizing security and legitimacy.

Inscriptions

FRONT: 'UNITED STATES OF AMERICA' / 'SILVER CERTIFICATE' / 'ONE SILVER DOLLAR' / Serial number 'B1107217A' / 'THIS CERTIFIES THAT THERE HAS BEEN DEPOSITED IN THE TREASURY OF THE [United States of America]' / 'Payable to the Bearer on demand' — These inscriptions collectively certify that one silver dollar in value has been deposited with the Treasury and is redeemable on demand by the bearer. BACK: 'ONE' / 'ONE DOLLAR' / 'SILVER CERTIFICATE' / 'UNITED STATES OF AMERICA' — The reverse reinforces the denomination and certificate type through repeated denomination markings and ornamental framing.

Printing Technique

Intaglio engraving (steel plate engraving) on a high-quality paper stock, characteristic of Bureau of Engraving and Printing production standards for the period. The fine line work, intricate background patterns, and detailed scrollwork visible in both the visual analysis are hallmarks of intaglio security printing. The dual-color printing (black/gray on front with blue serial numbers and seal; green/teal on reverse) was achieved through multiple passes through separate engraved plates, a standard security technique for high-value currency of this era.

Varieties

Serial number B1107217A is noted on this specimen. The 'B' prefix indicates the issuing Federal Reserve Bank (typically New York for 'B'). The exact plate position, signatures of the Treasury Secretary and Comptroller of the Currency (typical for 1899 issuance), and any overprint varieties would require examination of the note itself to determine the precise sub-variety. The Pick number P-338c(5) suggests this is part of a known series with multiple plate varieties cataloged; specific signature combinations and series variations would define the exact variety within the 1899 silver certificate issue.