Money
An incredible record $5,750 for this 1-dollar bill, why is it so valuable?
Collectors will buy certain coins and banknotes for far more than the actual face value of the currency such as one special $1 Silver Certificate.

There are a number of reasons why collectors are willing to shell out far more for certain coins and banknotes than their actual face value worth. According to currency website US First Exchange, the value of a coin or bill is determined based on three main factors: rarity, the condition/grade of the coin or bill, and market conditions or demand for it. The combination of these three factors determines whether a coin or bill is worth more or less money.
Another factor though can also play a role like its historical significance which can send its value into the millions as is the case with a rare 1794 silver dollar coin, believed to be one of the first to be minted by the United States Mint. One specimen fetched $10 million.
While the 1935A Hawaii $1 Silver Certificate might not be worth that record-breaking amount it is still one of the most distinctive and historically significant notes in US paper money history. It was issued specifically for Hawaii after the attack on Pearl Harbor in case the Japanese invaded and occupied the island chain. This and its relative rarity have help to make it a highly sought-after collectible item.
How to recognize a 1935A Hawaii $1 Silver Certificate
The 1935A Hawaii $1 Silver Certificate is unique not only for its history, there were other special issues of one-dollar bills during WWII, but also because it had a large ‘HAWAII’ overprinted horizontally on the reverse as well as smaller ones vertically on the right and left side of the obverse. Additionally, the seal and serial numbers were printed in brown/red ink, which differentiated it from the regular US $1 Silver Certificate on which blue ink was used.
The 1935A Hawaii $1 Silver Certificate is fairly rare these days despite over a million being issued during WWII. After the war, a large portion were recalled to be taken out of circulation and later destroyed.
The value of 1935A Hawaii $1 Silver Certificates can range from a few tens of dollars to a few hundred dollars. But ones that are in especially good condition or have something special about them can sell for much more.
There is one seller asking $5,750 as this particular specimen has an error with the ‘HAWAII’ overprint. Instead of running parallel with the top and bottom edges through the center of the bill it is tilted. Furthermore, the banknote on offer from Hawaiian Islands Stamp & Coin has a rating of Gem New 65PPQ by the Professional Coin Grading Service (PCGS).
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