how much is a 1923 paper silver dollar worth

[MiguelLee]

Hello! That's a great question about a really interesting piece of American currency history.

The 1923 paper bill you're asking about is officially known as a $1 Silver Certificate. Based on the provided information, the value of one of these notes can vary quite a bit, but a key factor is its condition. For a 1923 $1 Silver Certificate in "Good" condition, a typical asking price is around $86.50.

The value is highly dependent on the grade of the bill. A note in "Good" condition will show significant wear, while one in a better grade like "Very Good" (VG) or "Fine" (F) would be worth more. A pristine, uncirculated note would be worth much more than the $86.50 figure.

These notes are very popular with collectors because they were the last of the large-size one-dollar bills ever issued. Because of their size (about 7 3/8" by 3 1/8"), they earned the fun nickname "Horseblankets." They feature a portrait of George Washington and have distinctive blue seals and serial numbers. The text on the front promises "one silver dollar payable to the bearer on demand," harking back to a time when our paper money was directly backed by precious metals.