1957-series $1 silver certificates are common among collectors. As of 03/2010 auction values are $1.25 to $1.50 for a bill that's been in circulation.
If it's crisp and uncirculated, it might sell for around $2 if there's no letter next to the date, or $3 if there's an A or B.
Serial Numbers
A bill's serial number is just a counter so including it in a question generally doesn't help to identify it or affect its value. There are collectors who will pay a premium for bills with low or patterned serial numbers; e.g.12345678 or 00000005.
Terminology
Banknote collectors almost invariably refer to these bills as "one dollar silver certificates". Terms like "paper silver dollars", "silver dollar bills", "silver seal bills", etc. can be misleading and confusing.
Silver Value
It's no longer possible to redeem silver certificates for silver metal. That practice was ended after the price of silver was deregulated, to prevent people from "gaming" the exchange process by trading bills for metal and vice versa as rates fluctuated.
Silver Certificates were abolished by Congress on June 4, 1963 and all redemption in silver ceased on June 24, 1968. However the bills have never been withdrawn or demonetized so they're still valid legal tender at face value.
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