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This identifies it as a "United States Note" rather than being a "Federal Reserve Note". The Government utilized the different styles for accounting purposes.

Federal Reserve Notes are issued under the authority of the Federal Reserve Bank, while U. S. Notes were issued directly by the Treasury. Other than that, they served identical purposes so in the 1960s production was consolidated under the Federal Reserve. The last Red-Seal US Note was the 1966 Red Seal $100 bill.

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Q: What is the red ink on 1963 5 dollar bill indicate?
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There were no silver certificates dated 1963. The banner across the top of your bill and its red ink indicate that it's a United States Note. Please see the question "What is the value of a 1963 A US 2 dollar bill?" for more information.


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Can you remove the magnetic ink on a dollar bill?

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