1928B $5 And $2 Red Seal - Coin Community Forum

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Author	Replies: 3 / Views: 1,743
garys64wildcat Pillar of the Community United States 593 Posts	Posted 12/05/2012 12:42 pm A while back I found a 1928B 5$ Fed Reserve, it says redeeemable in gold, Note worn but not torn and a red seal $2 note in good shape Report this Post to the Staff

barryg Pillar of the Community United States 5850 Posts	Posted 12/05/2012 12:49 pm I have one of those in my collection, except that it's a Series 1928 and not a 1928B: Expanded Digital U.S. Type Set Album \| Dansco 8100 (Lincon Cents) Album \| Digital Proof Type Set \| Digital U.S. Currency Type Set \| Foreign Bullion Coins Report this Post to the Staff
BisonMatt Valued Member United States 239 Posts	Posted 12/05/2012 2:51 pm Before we went off the gold standard in 1933, the treasury was mandated to back a certain amount of paper money in circulation with gold coin, Once the depression hit and gold was in high demand, the gov't changed their stance which is why notes no longer say "redeemable in gold" on them. Report this Post to the Staff
babysitr Pillar of the Community United States 1339 Posts	Posted 12/05/2012 8:38 pm Nice one barryg.....seems like the 1928 $5 frn's are tough in that condition....They got the heck used out of them!.....I love the old frn's.....Ton of history there Report this Post to the Staff
	Replies: 3 / Views: 1,743

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