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$5 with red seal?



 
 
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  #1  
Old November 3rd 03, 10:31 PM
Dale Bowman
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Default $5 with red seal?

I received in change a while ago a series 1953B $5 bill that says united
states note on top and has a red seal. What is this?

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  #2  
Old November 4th 03, 12:05 AM
Scottishmoney
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"Dale Bowman" wrote in message
...
I received in change a while ago a series 1953B $5 bill that says united
states note on top and has a red seal. What is this?

These are "United States Notes" see the title on top of the note. These
type notes were issued until the 1966 $100. This type note dated back to
the Civil War era, and basically was a predecessor of the Federal Reserve
Note in that it was issued by the Federal Government, and was basically a
promise to pay the bearer a certain amount of money, though that money was
not specified as to whether it was silver, gold, or even bronze cents, so
the government obligated itself to pay the bearer in lawful money, but did
not get specific as to how it was going to pay. $2 bills were the most
common denomination for the "United States Notes" and the $100 bill was the
last of this type issued.

If it is in great condition it might be worth $6-7 otherwise it is not worth
much more than face value.

Dave


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  #3  
Old November 4th 03, 03:47 PM
Coin Saver
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a series 1953B $5 bill that says united states note on top and has a red
seal. What is this?

It is a $5 United States Note, still valid currency. There were only 46.8
million printed, so =depending on condition and markings= it *might* have an
"over-face" value to those who collect these. Look to see if the Serial number
is preceeded by a "C" or by a " * " Also look at the condition.

You might try to sell it on eBay.

8-/


Coin Saver
  #4  
Old November 5th 03, 03:29 AM
Dale Bowman
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Series 1953B
Serial#C51610481A Here's
the killer,its been torn in half and taped. The tape has aged to
yellow,oh well I guess I"ll just keep it.Still looks pretty neat.

 




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