The item in question refers to a specific series of currency issued by the United States government. It represents a form of paper money redeemable for a corresponding amount of silver. The “1935 E” designation pinpoints a particular series and printing within the broader group of such notes. This signifies a specific year and sequential issuance identified by a letter.
These certificates are significant due to their historical connection to the silver standard. During this period, the public could exchange these notes for silver bullion or coins, instilling confidence in the currency’s value. Its worth now primarily derives from its collectibility and historical significance, reflecting a bygone era of American monetary policy and representing a tangible link to the past.