Help with value!

[barneyb71]

Anyone have an idea on a value for this 1928 A series $100 bill? “Redeemable in gold on demand”. It does have marker on the front, the fake bill marker, was told that should fade away. The corners are just folded over, the bill is in circulated condition but is in great shape. Thanks

 

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[Mackaydon]

Per the Official Red Book (2016), 992,436 were printed. VF-20: $160; EF-40:$190.
Don.....

 

[barneyb71]

Thanks Don. I need to get a currency book. I don’t usually do much with bills but I’ve been running into them more lately. Any idea one this one? Thanks

I wish I could keep both of these but I might have to sell them.

 

[Mackaydon]

The red seal $100 US note has some interesting history; it was issued mainly for accounting purposes to comply with the law that there must be a fixed value ($346,681,016) of Legal Tender Notes in circuluation. Once that number was estimated to have been reached, the 'excess' bills in the run were destroyed by the Tresury. The collector value, however is about the same as your first bill; namely, $150 in VF-20 and $225 in EF-40.
Source: same as in post #2 above.
PS: Had this bill been a STAR bill, the values (in those same two grades) would be $500 and $750.
Keep searching !
Don......

 

[barneyb71]

Don,
Help me out here, is this the book I would be looking for to get the information that you gave me on these bills? I need a currency guide and figured someone could get it for me for Christmas. If this isn’t it, can you post a picture of what I should get. Thanks

 

[Mackaydon]

Yes, that's the 2016 edition; if a 2017 edition exists, you may wish to get it.
I don't believe the values will have changed much.
Don.......

 

[port ewen ace]

it will pay for itself BIGLY

 

[kingskid1611]

You can get an updated version but it goes up slowly....I happen to have that red seal in a star note but not that condition. I am a currency collector....