$1 note, n.d.

The note

The Series 1935A $1 Silver Certificate with the HAWAII overprint (Hawaii Pick 36, Friedberg 2300; Numista N#202338) is Treasury emergency paper for the Territory of Hawaii and Pacific operations, not a Federal Reserve Note: the HAWAII $1 is a silver certificate; the $5, $10, and $20 of that issue are FRNs. It is not the North Africa yellow-seal note. The correct catalog number is Hawaii P#36, not United States P#416a, which names the ordinary blue-seal 1935A type. Brown seal and serials; signatures of William Alexander Julian and Henry Morgenthau Jr. The black face on cream paper carries George Washington, a large 1 at left, the legend SILVER CERTIFICATE, and, at right, the brown circular Treasury seal. Brown serials S40499058C repeat at lower left and upper right (S–C block). Small vertical HAWAII overprints flank the design. The face-plate marking is F 2300; the plate position is F. Face plate 2300 and Fr. 2300 match numerically here, but they are separate identifiers: one is printed on the note, the other is the Friedberg classification. The green back shows a central ONE, the pyramid and eye at left, the eagle and shield at right, and HAWAII in hollow letters across the field. Back plate 3534 sits below the lettering, toward the right. The PMG holder prints Fr. 2300, SC block, Julian | Morgenthau signatures, pp F, Choice About Uncirculated 58, and Exceptional Paper Quality. It is not a star replacement: the serial has an S prefix and a C suffix. It is not the Series 1928A Funnyback $1, serial D00508932B, nor the Series 1957-B Silver Certificate, serial S35513454A, nor the yellow-seal $1 Fr. 2306. Redemption in silver ended in 1968; the notes remain legal tender at face value.

The HAWAII overprint

After Pearl Harbor the Treasury marked Territory of Hawaii dollars — and notes used in Pacific campaigns — so captured stocks could be invalidated if Japan took the islands. HAWAII currency was introduced on 25 June 1942: brown seals and serials and the word HAWAII on face and back. Printed Series 1935A names the type, not the numbering year of this specimen: the S–C block was serial-numbered between 16 May and 6 June 1944. The emergency restrictions were lifted on 21 October 1944; after that, ordinary U.S. currency and HAWAII notes could circulate together in the designated areas. That date ends the restrictive arrangement, not the notes’ life in circulation. Official withdrawal began in April 1946.

The frame for those emergency issues — Hawaii, the yellow seal, AMC, Bernhard — is on the World War II emergency-banknotes case, under Notaphily. This page is the documented example of that type: serial S40499058C, not a type illustration.

Scarcity and printage

Fr. 2300 (Hawaii P#36) is the HAWAII $1, the common type of the emergency series. Type records cite 35,052,000 regular notes across eight blocks; stars were separate. Huntoon assigns the S–C block 15,000,000 notes (S39996001C–S54996000C). The keys of the type are paper quality — especially EPQ — the sharpness of the overprint, and star replacements. This piece is not a star. This record does not republish prices.

Population

The grade and certificate are read from the holder; certification 1505944-014 has not been independently checked against PMG’s database. PMG describes 58 as Choice About Uncirculated — often a single fold across the design — not Uncirculated or Gem Uncirculated. EPQ, in PMG’s wording, means original paper that has not been processed to look like a higher grade; wear appropriate to 58 is still allowed. No population census is quoted.

Related pieces

Other records from the same issuer or era in this case.

• $1 · Silver Certificate · Series 1957 B
• $1 · Silver Certificate · Series 1928A