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Answered 2012-08-15 13:57:49
The red ink indicates it's a U.S. Note, a type of currency no longer produced. However, bills from the 1950s remain common in collections and are generally worth only face value or slightly more if they're in worn condition.
If your bill is in excellent condition it may be worth a small premium, depending on whether there is a letter next to the date. If there's no letter, it could be worth up to $12 if it's in nearly-new shape. If there's an A, B, or C next to the date it would be worth up to about $8.
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