1928 1$ Red Seal Value - Coin Community Forum

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Author	Replies: 5 / Views: 2,037
Baldridge0008 Valued Member United States 73 Posts	Posted 07/02/2017 10:19 pm What's it worth? Old guy wants 100$, I have seen a lot in this condition go for around that but unsure. Report this Post to the Staff

westernsky Pillar of the Community United States 7729 Posts	Posted 07/02/2017 10:27 pm Note looks to be in f/vf condition but horribly centered. (This series was notoriously poorly centered!) There are plenty of these available in CU. If I were you I'd hold out for an unc note that has good centering. You'll be much happier in the long run. 100$ is not a bad price for this particular note. Report this Post to the Staff
RoyCoinBoy Pillar of the Community United States 1609 Posts	Posted 07/03/2017 09:13 am Not an expert on paper money, but I'd have to agree that you would rather pay more for a better looking note. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 07/03/2017 5:15 pm Agree. Price is OK but the centering is terrible for sure. There are plenty of these around - wait for a nice high VF or EF example. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 07/03/2017 5:42 pm As an addendum, this is of course a one-year type note and therefore a bit pricey. This red seal "United States Note" was authorized in the first issue of small notes in 1928 for obscure statutory reasons, alongside its much more common blue seal "Silver Certificate" brother. It was not actually printed until 1933 and not even released into circulation until the late 1940s, and even then only in Puerto Rico to reduce "sorting problems" at mainland banks with this oddly colored note. (See Schwartz and Lindquist "Standard Guide..." et al). All in, perhaps my favorite small size note, and I buy them frequently. Edited by Coinfrog 07/03/2017 5:46 pm Report this Post to the Staff
Baldridge0008 Valued Member United States 73 Posts	Posted 07/03/2017 8:55 pm Thanks once again! Report this Post to the Staff
	Replies: 5 / Views: 2,037

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