Expert: Neil S Berman - 7/8/2007

Question
I have a bill with a red seal date 1928.  What does the red seal mean and what might it be worth ?

Thank you

Answer
US currency comes with seals of many colors:
Green: Federal Reserve Notes,1963-date, unbacked paper
Red: Legal Tender Notes,1928-1966, unbacked paper
Blue: Silver Certificates,1928-1953, payable in silver
Gold: Gold Certificates,1928-1934, payable in gold
Brown: National Bank Notes, 1929-1935, Backed by US Bonds
Unless you note is brand new perfect it has no value.