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The Bureau of Engraving and Printing doesn't put counterstamps on banknotes so that city's name was added by someone with an office stamp or similar implement.

As such it's considered an altered bill so it's probably worth only face value to a banknote collector. The only exception might (emphasis "might") be if the bill is otherwise crisp and unfolded. In that case a buyer may be willing to downplay the damage somewhat.

However it's possible that the stamp was part of some promotional activity in Elkhart so it could be of interest to someone in that city. You might enquire at their Chamber of Commerce or library.

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Q: What is the value of a 1953 US 2 dollar bill with red ink stamped Elkhart Kansas?
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