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On bills dated 1928 to 1966 red seals and serial numbers indicate that the bill is a United States Note, a form of currency that was issued directly by the Federal Government instead of through the Federal Reserve System.

Most US Notes were either $2 or $5 bills; in 1966 they were also printed as $100 bills. They served effectively the same purpose as Federal Reserve Notes so they were discontinued to eliminate duplicate printing costs.

Before bill colors were standardized in the 1920s, many different types of bills used red ink. These older issues have to be examined individually to determine what type they are.

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Q: What does a note written in red ink mean?
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