What does a red serial number on money mean?

What does a red serial number on money mean?

Currency with a red treasury seal and red serial numbers is one of the most curious types of money to be found in circulation. These notes, issued at a time when money was redeemable in gold or silver, were backed only by the credit of the United States Government. They were issued in $1, $2, $5 and $100 denominations.

How much is a red dollar bill worth?

Series of 1928 to 1928-G, Red Seal Right Side

Series Very Fine Uncirculated
1928-F $15 $80
1928-F ★ $100 $500
1928-G $15 $80
1928-G ★ $80 $500

What are Red Seal notes?

Red Seal Notes are United States Currency known as United States Notes and also called Legal Tender Notes. Small size Legal Tender Notes all have red seals therefore they are referred to as Red Seal Notes or Red Seal Bills. Red Seal Notes have been issued in $1, $2, $5, and $100.

How much is a 1963 two dollar bill with red ink worth?

Most circulated bills are not going to be worth much more than their face value of $2. Both the 1963 series and 1963A series $2 bills are worth around $9 each in very fine condition. In uncirculated condition the price is around $20 for bills with an MS 63 grade.

What is a 1963 five dollar bill worth?

The 1963 series $5 red seal bills are worth around $13.50 in very fine condition. Uncirculated bills with a grade of MS 63 can sell for around $25.

What does red ink on a 5 dollar bill mean?

There were 8,640,000 printed. All of the 1953 five dollar red seal bill have a serial number written in red ink. The red seal appears on United States Notes issued from from 1862 to 1971. It shows that the money is an obligation of the U.S. Treasury. Until 1933, the Treasury had been redeeming these notes for gold.

How much is a 1963 $5 bill worth?

How much is a red $5 bill worth?

The 1953 red seal five dollar bills came in four different varieties. There are four different series 1953, 1953 A, 1953 B, and 1953 C. All of these five dollar bills are worth about $6 each in average circulated condition. If they are uncirculated they can be worth up to 40 or 50 dollars.

How much is a 1963 Red Seal $5 worth?

What does the red seal mean on a 5 dollar bill?

Star notes were also printed for all of the 1953 five dollar bill series. The red seal appears on United States Notes issued from from 1862 to 1971. It shows that the money is an obligation of the U.S. Treasury. Until 1933, the Treasury had been redeeming these notes for gold.

How much is a red seal $5 bill worth?

How much is a 1950 5 dollar bill worth?

Most 1950 series $5 bills are worth around $12.50-15 in very fine condition. In uncirculated condition the price is around $35-45 for bills with an MS 63 grade. The 1950A series $5 bills are worth around $10-15 in very fine condition.