Silver Certificate

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Silver Certificate

A document entitling one to ownership of a certain, stated amount of silver. Most of the time, silver investors hold silver certificates rather than the physical silver itself in order to avoid the expense, security issues, and other difficulties associated with owning a precious metal. However, the holder of the silver certificate can take possession of the silver he/she owns upon demand.
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References in periodicals archive ?
Prices remained pegged at the Treasury's price of 90.5 cents an ounce, and the stockpile of silver that was not held to back silver certificates dwindled until November 1961, when President Kennedy stopped the sales.
It appeared on $1 silver certificates in 1886, 1891 and 1896.
Tony Benn, Coventry City Council's cycle training coordinator, says 928 youngsters earned silver certificates last year and a further 208 started bronze awards.
The guide covers two-cent pieces to silver certificates, and includes a good list of annotated numismatic resources and references.
Dickory Dock Designs, based at Holmfirth, gained one gold and two silver certificates of excellence in the annual Teaching Resources and Equipment Awards.
During the 1970s, Treasury's silver certificates (redeemable in silver) disappeared just as their gold-backed predecessors had become extinct in the 1930s.
Members receiving silver certificates and pins for more than 25 years were Marion Bosma (48), Carol Brouwer (45), Betty Cournoyer (39), Jeanne A.
Silver certificates were presented to the top 20 per cent of entrants, and were awarded to Samantha Bailey, Alex Cragg, Wendy Dowdeswell, Shawn Mantle, Neil Milburn, Lucy Reading, Helen Scott, David Walsh and Helen Williams.
Silver certificates, which are awarded to the top 20 per cent, were given to Kevin Milburn, Luke Jelley, Ian Ward, and Misti Cooper.
Silver certificates were won by Kelly Baldwin and Gemma Powell and bronze certificates went to Richard Lindon, Jason Mulholland, Kerry Venus, James Meyrick, Natasha Skidmore and Scott James.
Overall, the school scooped six silver certificates and 19 bronze certificates.