The 1928 one dollar silver certificate is common with around 640 million printed. Each note has a blue seal on the left side. In general, this silver certificate will not be worth much, but there are some rare varieties that can be quite valuable.
These were the first notes to be called funnybacks. The reason they are called funnybacks is because of the unique design on the back of the bill. The word 'one' is printed in a "funny" font that is quite different from anything ever printed on a bill. This nickname is not exclusive to the 1928 series, as the 1934 one dollar silver certificate bills have the same back design so they are also known as funnybacks.
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How Much Is Your Bill Worth?
The value is going to be dependent on the type. There were six different varieties that were issued. They include: 1928, 1928A, 1928B, 1928C, 1928D, and 1928E. The most common varieties are the 1928, 1928A, and 1928B issues.
If you have a common variety then in good condition it will only be worth around $10-$15. In perfect uncirculated condition the price will be around $50.
The 1928C, 1928D, and 1928E varieties are more rare and thus command a premium.
A 1928C series is worth $100 in good condition and around $600 in uncirculated condition.
A 1928D series is a little less rare, and it's worth around $80 in good condition and around $300 in uncirculated condition.
A 1928E series is very rare and it's the most valuable of the varieties. A 1928E series in only fair condition can be worth around $150. In good condition it will be priced at around $250, and in uncirculated condition it will be priced at around $1100.
Star notes are notes that have a star next to the serial number. They are typically worth more money, however star notes for the 1928, 1928A, and 1928B series were common. There were tens of millions issued, but they are still more valuable than the standard notes.
For both the 1928 and 1928A star notes, you buy them for $30 in good condition and over $100 in uncirculated condition. The 1928B star notes are more rare. They go for $40 in good condition and around $400 in uncirculated condition.
The rare star notes are the series 1928C, 1928D, and 1928E. It's difficult to determine a price for these notes because they aren't sold often. Rare star notes can sell for low four figures for a circulated bill, and the price will be much higher for an uncirculated bill.