answersLogoWhite

0

Very definitely. From 1928 to 1963 all US $2 bills, as well as some $5 and $100 bills, were issued as US Notes rather than Federal Reserve Notes. They were printed with red ink rather than the familiar green ink used on FRN's.

United States Notes were issued directly by the federal government rather than under the aegis of the central bank. They made up only a small fraction of the total number of bills printed each year and were functionally identical to FRNs, so production was halted as a cost-saving measure. Since the early 1970s all bills have been issued by the Federal Reserve Bank.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What is the value of a 1928 F Two dollar bill with a red seal?

what is the value of a 1953 two dollar bill with a red seal


What is the worth of a 2 dollar blue seal 1918?

What is the worth of a red seal 2 dollar bill


What is the value of a 1928D red seal two dollar bill?

The exact value of a 1928 red seal two dollar bill would actually depend on a number of factors. Most importantly, the condition of the bill.


What does red seal on US 100 dollar bill mean?

It's a 1966 A $100 Red Seal Elston/Kennedy bill, nothing more.


What is the value of a 1928 L US 5 dollar bill with a red seal?

"F" is the highest series letter for 1928 $5 red-seal notes. Please check your bill again and see the question "What is the value of a 1928 US 5 dollar bill with a red seal?" for more information.


Value of 1963 red seal two dollar bill?

The value of a 1963 red seal two dollar bill is $1.00 to $1.25 more than face value if circulated. It is worth about $10.00 if uncirculated.


You found a 1963 gold seal 5 dollar bill is it real?

It is a red seal that has been altered.


What is the value of a 1953 b series 2 dollar bill with a red seal?

Depending on the condition of the $2 1953-B United States two dollar bill Jefferson red seal USN can range anywhere from 19$ - 30$. per bill.


What is the value of a 1962 US 5 dollar bill with a red seal?

Please check your bill again. Red seal $5 bills were issued in 1953 and 1963. No US bills were dated 1962. There's more information at the questions"What is the value of a 1953 US 5 dollar bill with a red seal?""What is the value of a 1963 US 5 dollar bill with a red seal?"Red InkRed ink indicates that a bill is a United States Note, a now-obsolete form of paper money that was similar to current Federal Reserve Notes.


How do you find the date on a red seal two dollar bill?

To find the date on a red seal two-dollar bill, look at the front of the bill, specifically on the right side, near the portrait of Thomas Jefferson. The date is printed in small text, typically below the series designation, which indicates the year the bill was issued. Red seal two-dollar bills were primarily issued in 1928, 1953, and 1963. If you see a red seal and a date from those years, you have identified its issuance year.


What is the value of a 1963 United States Note with a red seal?

Red seals were standard on United States Notes for all denominations. Please check your bill's denomination and see one of the following for more information: "What is the value of a 1963 US 2 dollar bill with a red seal?" "What is the value of a 1963 US 5 dollar bill with a red seal?"


What is the value of a 1929 US 1 dollar bill with a red seal?

Please check your bill again. 1923 and 1928 are the only dates in the 1920s for red-seal $1 bills.