1935 Dollar Value Guide
The United States was in the midst of the Great Depression, which began with the stock market crash in 1929, and this economic downturn continued into the mid-1930s.
The U.S. dollar was still backed by gold, following the Gold Standard Act of 1900.
The standard denominations of U.S. paper currency in circulation during this time included $1, $5, $10, $20, $50, and $100 bills.
The one-dollar silver certificate, also known as the "funnyback" due to its reverse design, was issued in 1935.
The motto "In God We Trust" began appearing on the back of the one-dollar silver certificate in 1935.
The largest denomination of U.S. currency ever printed, the $100,000 Gold Certificate, featuring President Woodrow Wilson, was issued in 1934.
The U.S. Mint continued to produce gold coins with various denominations in 1935.
The 1935 Peace Dollar, a silver dollar coin, was produced at the Philadelphia Mint, but no circulating silver dollars were released into circulation after 1935.
Buffalo nickels (5 cents) were minted from 1913 to 1938, but the design was modified in 1935 to make the denomination more prominent.
During this time, the U.S. was not issuing any circulating $2 bills; however, they were still legal tender.
The U.S. Mint also issued commemorative half-dollar coins to mark significant events and anniversaries.
Foreign exchange rates fluctuated due to the ongoing global economic challenges.
U.S. coins from 1935, like today's coins, displayed the national motto "E Pluribus Unum" and "Liberty" on the obverse side.
Due to the Great Depression, the demand for currency was relatively low, leading to a decrease in the number of banknotes printed compared to previous years.
U.S. currency underwent various design changes during this period, including the addition of security features to prevent counterfeiting.