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In most cases a red seal designates a bill as a United States Note. U.S. Notes were issued directly by the Federal Government, alongside silver and gold certificates, and eventually Federal Reserve Notes issued by the central bank. U.S. Notes and Federal Reserve Notes are "unbacked" notes; that is, they're accepted for payment because the vast majority of citizens are willing to accept them as representing a specific amount of money due to the stability, faith, and credit of the U.S. Treasury. This contrasts with gold and silver certificates that were issued only in amounts that represented specific quantities of those metals on deposit with the government.
The US went off the gold standard during the Great Depression. The price of gold was allowed to rise and was eventually deregulated, so gold certificates were discontinued. The same thing happened with silver in the 1960s so silver certificates were also discontinued. At that point U.S. Notes and FRN's were the only forms of currency issued and were effectively the same. The government then decided to combine all currency production and distribution under the central bank to eliminate duplication of effort. Because many more FRNs were in circulation than U.S. Notes, the latter were discontinued in 1966.
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Are there US 2 dollar bills with red seals?
Yes, many millions of them. All US $2 bills were printed as red-seal US Notes from 1928 to 1963. Most $2 bills issued before that also had red seals but weren't necessarily US Notes.
Why would a US 2 dollar bill have yellow ink on it?
No US $2 bills were printed with yellow seals. However, up till 1963 most were issued as US Notes with red seals and in the 19th century some $2 bills had brown seals. Either of these could have changed color due to age or exposure to chemicals.
What is the value of a 1953 A us 5 dollar silver certificate with a red seal?
1953 US $5 bills were printed with red seals and as silver certificates but they're not the same. The bills with red seals were United States Notes while the silver certificates had blue seals. Each type is identified by the banner across the top of the bill's front side. There's more information at the Related Questions
What is the value of a 1953 US 5 dollar silver certificate with a red seal?
1953 US $5 bills were printed with red seals and as silver certificates but they're not the same. The bills with red seals were United States Notes while the silver certificates had blue seals. Each type is identified by the banner across the top of the bill's front side. There's more information at the Related Question.
What is the value of a 1927 large US 1 dollar bill with a red seal?
Please check your bill again. There were no US bills dated 1927. The last large-size $1 bills with red seals were in the 1923 series.
Are there red ink US 2 dollar silver certificates?
Yes, but the last ones were printed in 1896. Many subsequent $2 bills also had red seals but they weren't silver certificates. From 1928 to 1963 all US $2 bills were issued as United States Notes which had red seals. Since 1976 all $2 bills have been green-seal Federal Reserve Notes.
What is the value of US 100 dollar bills dated from 1998 to 2009 with red seals?
Please check your bills again and post a new, separate question for each date. The only dates in that range are 1999, 2001, 2003, 2006, and 2009, and all of them have green seals. The last red-seal $100 bills were dated 1966.
What is the value of a 1935 US 2 dollar bill with a red seal?
Please check your bill again and post a new, separate question. The only US bills dated 1935 were $1 bills and these had blue seals.
What years were US 2 dollar bills printed with a red seal?
Red-seal $2 bills were issued from 1862 to 1963 so there are lots of different dates and series combinations. There's a full list including values at the Related Link. In general red seals indicated that the bills were United States Notes, a form of currency issued directly by the Federal Government instead of by the central bank. Some older silver certificates and Treasury notes also used red seals before colors were standardized in the 1920s.
What is the value of a 1957 US 2 dollar bill with a red serial number and a red seal?
The only US bills dated 1957 are $1 silver certificates and these had blue seals. The nearest dates for red-seal $2 bills are 1953 and 1963. There's more information at the Related Questions.
How do you know if its a federal reserve note?
All US Federal Reserve Notes have that wording printed on the front side. Other older bills may say "Silver Certificate" (these usually have blue seals) or "US Note" (red seals).
What is the value of a 1922 US 50 dollar bill with a red seal?
Please check your bill again and post a new, separate question. There were no red-seal $50 bills dated 1922. The last red-seal $50 bills carried a 1914 date, while 1929 bills had brown seals.
