Where do I cash in a Silver Certificate of Deposit?
My brother recently passed away. I am his only living relative. He lived with me and he did not have a will or life insurance. However, while I was cleaning out his room, I found a Five Hundred Silver Dollars Certificate of Deposit. Does anyone know what this is and where I can go to find out the value? If it has any value at all. It reads "The Era of Silver and Gold" – Florida United Numismatists Orlando, Florida – January 1996. I don’t know if this is an actual CD or some sort of trinket?
If you follow the other answerer, you will just give the bank teller a funny story to tell – and the joke will be on you. This is what happens when people don’t read the question and just go straight to Wikipedia.
The Florida United Numismatists is a Coin-Collecting club, not a bank, so thre certificate is almost certainly worth no more than $1 . Even if it was a true CD, no bank would cash it anyway, because it is issued by a cl ub, not a regulated financial institution.
On the tiny hope that it actually is a CD (once again, VERY doubtful), here’s what you can do:
put it on e-bay with a starting price/Reserve of $450. Although the bailouts killed capitalism on Wall Street, it is still alive in E-Bay.
The
Try your local bank.
http://en.wikipedia.org/wiki/Silver_Certificate