Red Ink $2 Bill Question...

[$ilver$urfer]

I picked up [4] 1953 Red Letter $2 bills in average circulated condition yesterday. I have never seen paper money with red ink on them before. Does anyone have any idea what these are worth or if they are worth keeping? I googled them and there wasn't much good information, and the values were all over the board. If anyone who knows paper currency could chime in I would appreciate it!

Thanks and HH!!!

$ilver$urfer

 

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[BuffaloBoy]

They are not necessarily valueable, but definately worth keeping.
My local coin shop is paying $2.25 each for them, clearly they're worth more.
I've gotten 2 in the past, and I kept them, they're cool

 

[d2arcing]

they have no real value but definitely worth keeping

 

[yonico]

about $4-$7 ea.

 

[SFBayArea]

Don't you wish you could go back in time and exchange those for coins?

 

[Yinzi50]

Don't you wish you could go back in time and exchange those for coins?

Ha ha, I have one that I really wish to exchange 4 halves of that year! The top one is from 1928.

 

[GMan00001]

Unlike the Green Seal notes which are "Federal Reserve Notes", the Red Seal notes are "United States Notes".

Depending on condition it could be worth a few $, but like the others said not too much. I have found about a dozen of them over the years. I think they are pretty cool.

 

[SFBayArea]

Unlike the Green Seal notes which are "Federal Reserve Notes", the Red Seal notes are "United States Notes".

Depending on condition it could be worth a few $, but like the others said not too much. I have found about a dozen of them over the years. I think they are pretty cool.

I know what silver certificates are but what's the difference between federal reserve notes and US notes?

 

[CHAINCHOMP]

awesome find! i always am on the look out for these elusive little raskles, but have yet to get one from circ. and they are usually worth about $5.00 each. nice find! keep it up and hh!

 

[dasherhunting]

I sold 5 on ebay last year in unc. and consecutive denominations for 49.99 plus shipping. This should be over in the paper currency though youd get more exposure with people that are into the paper money more

 

[rileyboy]

Keep them!
rileyboy

 

[ivan salis]

one is money "printed" on behalf of the us govt treasury -- as a us govt debt note -- united states note * "legal tender for all debts -public and private ."

a "federal reserve note" is "bank money"--issued by the "federal reserve bank" which is NOT a "offiical" part of the US GOVT but is rather a group of wealthy powerful bankers that supposed to be watched over by congress *--that runs the fiscal show -- it was enacted in 1913 by the "federal reserve act" and basically its controls the fiscal strings of america .

 

[SFBayArea]

one is money "printed" on behalf of the us govt treasury -- as a us govt debt note -- united states note * "legal tender for all debts -public and private ."

a "federal reserve note" is "bank money"--issued by the "federal reserve bank" which is NOT a "offiical" part of the US GOVT but is rather a group of wealthy powerful bankers that supposed to be watched over by congress *--that runs the fiscal show -- it was enacted in 1913 by the "federal reserve act" and basically its controls the fiscal strings of america .

If they spend the same, what's the difference? Why even have both? All bills now are federal reserve notes.

 

[ivan salis]

the differance is the bankers NOT the GOVT now has the ability to print as much or as lirttle money as they wish to --and by overprint money they can devalue it and but not putting out money on the street as "loans" they can "upvalue" it -- thus the american govt not being in control of our own "money" flow and printing has lost the ability to "control" the banks (which are international in nature) to prevent them from exploiting the people of america

that my freind is the differance --the banks in effect "own' the govt and set policy --which was not way it was set up by the american founding fathers --they had the GOVT in charge to the printing of money to "prevent" just this exact thing from occuriing -- banks were to answerible to the govt to prevent the use of modern day exploitive 20% type interest rates used by "bank issued" credit cards-- these rates were are called "usury" or loan shark rates in the old days

 

[joad]

They bring $7-$15 each on ebay. I found 5 the other day as well.

Joad