How much is my $5.00 bill dated 1950 worth?

Question

this is a $5.00 bill dated 1950 C and instead of it saying in god we trust it says will pay to the bearer on demand

Answer 1

Assuming it's a silver certificate with a green treasury seal, I'd say it's worth whatever $5--half a roll of quarters--in silver would be worth, probably around $10. However, to collect the silver from the government you have to amass a certain amount--I forget what it is, $1,000 or $10,000 or so--to obtain the the ingots, which you can then sell through Deak or some precious metals trader. All this is written under the presupposition that the bill is in ordinary circulated condition.

If the bill is crisp and uncirculated, that is, if it has a new bill feel, it is worth something on the numismatic or rare paper currency market, though not a great deal as 1950 was only 58 years ago and a fair number of these notes were printed; however, the bill is probably later than 1950: the "C" designates the third different set of signatures (Smith-Dillon) on the note. There are collectors, but not many, who try to amass one of every set of different signatures of any bill (think of the face value of the money of such a collection). If the bank that issued it is Dallas or San Francisco it is worth more than if it is from Boston, New York or St. Louis. But not much more. I suspect a dealer would charge $15-$20 or such for that note, and if you took it to him to buy, he'd probably give you half of what he would charge, again $7.50 to $10, roughly.

So it is worth a little more than $5, but don't start thinking of mansion in Beverly Hills, 1934 Maserati, and annual trips to Tahiti.

Answer 2

From what I’ve found, it's pretty much worth just the face value unless it hasn’t been circulated and is in top condition. If that's the case, it could be worth 15 to 25 dollars. The “In God We Trust” didn’t show up on those until the 60’s.

Answer 3

If it's in good condition... it's worth 5 DOLLARS.  In the terms of 1950, a $5 bill had the purchasing power of about $17 today... maybe even a bit more.   I could put a gallon of Gas in my $25 car for about $0.18 cents.. buy a double dip ice cream cone for a NICKLE and to a movie FOR A DIME.

Answer 4

Probably the face value, $5-00

Answer 5

$1.98