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Despite the now-unusual design, $2 US Notes from 1953 are not particularly rare. Auction values as of 01/2010 are in the range $2.75 - $5.50 for circulated specimens, and $12+ for uncirculated ones.

In circulated condition it's worth about $4

A nice crisp uncirculated one is worth about $10

Why red ink?

Red ink was used for United States Notes, a form of currency issued from 1862 to 1971. They were effectively identical to the familiar green Federal Reserve Notes so separate production of US Notes were discontinued as a cost-saving measure.

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Q: What is the value of a 1953 B US 2 dollar bill?
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