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Red seals and serial numbers indicate that a bill is a United States Notes. US Notes were very similar to the current Federal Reserve notes in that they weren't backed by gold or silver in the Treasury.

US Notes were issued from 1862 up till the 1960s. Because there was no monetary difference between the 2 forms, US Notes were phased out and all subsequent bills were issued as Federal Reserve Notes to save on printing costs.

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What is the Value of 5 dollar bill with consecutive serial numbers?

The value of a five dollar bill is five dollars. It's not clear what you mean by "consecutive serial numbers." If you mean that the bill's serial number looks like "12345678" or something, then a collector might be willing to pay a small premium for it as a curiosity. If you mean that you have two or more five dollar bills where the serial numbers are consecutive, they're worth five dollars each, period.


What does it mean by being In the red?

Positive numbers (credits) are denoted in black, and negative numbers (debits) are denoted in red. Being in the red means there is more debt than "cash on hand" and you are operating at a deficit.


Do banks track the serial numbers on money?

Yes, banks do not typically track the serial numbers on money.


What does it mean if a US 5 dollar bill has red serial numbers?

Red seals and serial numbers indicate that a bill is a United States Notes. US Notes were very similar to the current Federal Reserve notes in that they weren't backed by gold or silver in the Treasury. US Notes were issued from 1862 up till the 1960s. Because there was no monetary difference between the 2 forms, US Notes were phased out and all subsequent bills were issued as Federal Reserve Notes to save on printing costs.


What do red serial numbers mean on US currency?

For bills dated 1928 and later, red seals and serial numbers indicate that a bill is a United States Notes. US Notes were very similar to the current Federal Reserve notes in that they weren't backed by gold or silver in the Treasury. US Notes were issued from 1862 up till the 1960s. Because there was no monetary difference between the 2 forms, US Notes were phased out and all subsequent bills were issued as Federal Reserve Notes to save on printing costs.

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Why does your 5 have red seal and serial numbers?

See the link below for a full explanation.


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