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1953 series Red Seal Two Dollar Bills

PostPosted: Tue Sep 20, 2011 3:09 pm
by Steel Talon
Hello Friends,

My bank teller held 14 of these Bills for me. Series 1953, 53A 53B,53C red ink seals and serial #'s with Monticello on the reverse. Any collecter value? or resource areas.

NOTE these are the bills that have the number @ on the left almost like a Silver Certificate? and the red seal is on the right covered by the word TWO..

Anyone now why the difference in 2 dollar bills series 1953?

Re: 1953 series Red Seal Two Dollar Bills

PostPosted: Tue Sep 20, 2011 3:23 pm
by 68Camaro
No idea, someone will tell you. But if they aren't ripped up, and aren't worth a huge premium I'll trade you a silver dime each for a couple of them so that my daughter can give them to her mother for her birthday (it's her birth year). (I'm not interested in paying a bunch for them, not THAT keen on them, and I'm not married to her anymore.)

Re: 1953 series Red Seal Two Dollar Bills

PostPosted: Sat Oct 22, 2011 9:48 pm
by Know Common Cents
More of a curiosity than a treasure, actually. The red seal United States Notes have an interesting history leading up to around the Kennedy assassination in Nov, 1963. There were also two versions of the red seal $100 notes printed as series 1966 and 1966A The star notes from these command a lot of money. The regular ones are about twice face or less unless in crisp uncirculated condition.

Your 1953 series reds are interesting, but not valuable. I inherited about 15 from my Father and took them to several local coin dealers thinking I could pump up my bank account with these. Nope. The most I was offered was $2.50 each.

Those with torn corners (the way supposedly to remove the bad luck curse of the $2 bill in those days) carry no premium and might as well be spent or left as a tip. If spent, expect 5 store managers called over to decide if it's a counterfeit of some type.

I'd keep the best one from each of the different series and turn the others loose. I do like the idea of swapping for a silver dime (make it a Mercury) if the other party includes a stamp for you to mail them the bill.

Regardless, still a good find. Congratulate the teller on having a keen eye and tell them you'll take any others they may find. Never know when tthey'll turn up a star note or one of an earlier series such as the 1928s.