What is the value of a 1950 K US 5 dollar bill?

Answer 1

In circulated condition it's worth $5. Series D bills are only worth more than their face value before 1928.

A nice uncirculated one might bring $10 at auction.

Why doesn't the bill have "In God We Trust"?

That motto wasn't added to paper money until the late 1950s and early 1960s, mainly due to Cold War fears of "godless Communism"

Serial Numbers

It's normally not necessary to provide a bill's serial number when asking about its value. Serial numbers are counters and a security feature but rarely affect a bill's value. Some collectors will pay extra for numbers with a special pattern, e.g. 12345678, or low numbers such as 00000015.

Answer 2

As of 12/2010, auction prices range from face value for a typical bill to $8 for one in almost new condition. A nice, crisp, uncirculated bill can bring as much as $12. Dealers are unlikely to pay much more than face value because these bills are still common among collectors and dealers despite their age. Also, the "E" series letter indicates that the bill was actually printed much later than 1950, because at that time series dates were usually changed only when a new design was adopted.

Why doesn't the bill have "In God We Trust"?

That motto wasn't added to paper money until the late 1950s and early 1960s, mainly due to Cold War fears of "godless Communism"

Serial Numbers

It's normally not necessary to provide a bill's serial number when asking about its value. Serial numbers are counters and a security feature but rarely affect a bill's value. Some collectors will pay extra for numbers with a special pattern, e.g. 12345678, or low numbers such as 00000015.

Answer 3

E is the highest series letter on 1950 US $5 bills. You may be looking at the Federal Reserve District number or a plate number.

Please check for a letter next to the date, and post a new question in the form "What is the value of a 1950 (letter) US 5 dollar bill?"

Answer 4

As of 09/2010, face value to $8 if circulated, $12 or so if uncirculated.

Why doesn't the bill have "In God We Trust"?

That motto wasn't added to paper money until the late 1950s and early 1960s, mainly due to Cold War fears of "godless Communism"

Serial Numbers

It's normally not necessary to provide a bill's serial number when asking about its value. Serial numbers are counters and a security feature but rarely affect a bill's value. Some collectors will pay extra for numbers with a special pattern, e.g. 12345678, or low numbers such as 00000015.

Answer 5

Despite the series date, 1950 $5s are not particularly valuable. Auction values as of 12/2010 range from face value to $8 depending on how worn it is. A nice uncirculated one might bring $10-$12.

Why doesn't the bill have "In God We Trust"?

That motto wasn't added to paper money until the late 1950s and early 1960s, mainly due to Cold War fears of "godless Communism"

Serial Numbers

It's normally not necessary to provide a bill's serial number when asking about its value. Serial numbers are counters and a security feature but rarely affect a bill's value. Some collectors will pay extra for numbers with a special pattern, e.g. 12345678, or low numbers such as 00000015.

Answer 6

It's worth five dollars pretty much anywhere. A collector might pay slightly more, if it's in good condition, but not much more.

More

As of 12/2010, auction prices range from face value for a typical bill to $8 for one in almost new condition. A nice, crisp, uncirculated bill can bring as much as $12. Dealers are unlikely to pay much more than face value because these bills are still common among collectors and dealers despite their age.

Why doesn't the bill have "In God We Trust"?

That motto wasn't added to paper money until the late 1950s and early 1960s, mainly due to Cold War fears of "godless Communism"

Serial Numbers

It's normally not necessary to provide a bill's serial number when asking about its value. Serial numbers are counters and a security feature but rarely affect a bill's value. Some collectors will pay extra for numbers with a special pattern, e.g. 12345678, or low numbers such as 00000015.

Answer 7

Please check your bill again and post a new, separate question. "E" is the highest series letter for a 1950 US $5 bill. You may be referring to the Federal Reserve District letter instead.

There's more information at the question "What is the value of a 1950 US 5 dollar bill?".