Welcome to Monetized History, today we’re going to look at the US 1935 $1 Silver Certificate. This particular certificate,
1935 E, was issued between 1953 and 1957 during the administration of President
Dwight Eisenhower. Over five billion of these notes were printed and during this
time it would have been possible to redeem it for one silver dollar from the
US Treasury. On the front of the note is a portrait of George Washington the
first president of the United States. The portrait is based off of the painting by
Gilbert Stuart called The Athenaeum painted in 1796. Stuart was one of the
foremost portrait painters of his time having painted six presidents, three
kings, and a who’s who of the late 18th and early 19th century. Right of
Washington’s portrait is the seal of the United States Treasury which can be
found on all US paper money. The words surrounding the seal are an abbreviation
for Thesauri Americae Septentrionalis Sigillum which is Latin for the
Seal of the Treasury of North America and in 1968 these words were changed to
the Department of the Treasury. The seal features scales signify justice, a key to
symbolize authority, and a chevron with 13 stars representing the original 13
colonies. The reverse of this note is almost identical to the current one dollar bill missing only the phrase “In God We Trust.” That wasn’t added to the bill until 1956 law was passed requiring the phrase to be on all US currency. It
would first appear on the 1957 series silver certificates. The main features of
the reverse of the bill are the front and back of the Great Seal of the United
States first used in 1782 and designed by William Barton and Charles Thompson.
To the right is the obverse of the seal which is also the coat of arms of the
United States. Its main motif is the number 13: 13 stars above the eagle’s
head, 13 arrows, 13 olives and olive leaves, 13 letters in the Latin phrase “E
Pluribus Unum” which means “Out of Many, One.” It’s also worth noting that the
eagle – the national bird of the United States – is facing towards the olive
branch symbolizing that the US always seeks peace while the arrows represent
that we’re always ready for war. To the left is the reverse of the seal
featuring an unfinished pyramid with 13 levels. At the base are the Roman
numerals for 1776, the year the Declaration of Independence was signed.
“Annuit Coeptis” is another 13 letter Latin phrase which means “Approved
Undertakings” or more loosely “Providence has approved our undertakings.”
“Novus Ordo Seclorum” is a Latin phrase meaning “New Order of the Ages” and is
inspired by the Roman poet Virgil. The Eye of Providence above the unfinished pyramid has been a source of conspiracy theories for years with many asserting
that it’s evidence of Masonic influence in the foundation of the United States.
On the seal it represents the all-seeing eye of God watching over the
construction of the nation represented by the unfinished pyramid. The eye did not become a common Masonic symbol until 1797 15 years after it was first used on
the Great Seal. Thank you for watching Monetized History.
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