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About the 1928 $5 Red Seal US Note
In 1929 all US Currency was changed to its current modern size. The $5 bill was kept as a United States Legal Tender Note as well as a Federal Reserve Note and a Silver Certificate. The obverse features a portrait of Abraham Lincoln. The reverse of the bill depicts the Lincoln Memorial. For these US Legal Tender Notes, the seal and serial numbers are printed in red. The series 1928 bill can be differentiated from future series by the placement of the treasury seal on the left of the obverse of the note, super-imposed by the legal tender obligation. Also, on the right of the obverse "FIVE" is printed in large gray letters.
Red Seal Notes are United States Currency known as either United States Notes or Legal Tender Notes. Legal Tender Notes are the longest lived of all U.S. Currency, first authorized in the Act of Congress of May 3, 1878 and issued through 1971. Large-size Legal Tender Notes were issued only through 1929, after which the currency changed to the smaller "modern size" notes still used today. All Small-size Legal Tender Notes have red seals, and therefore they are referred to as Red Seal Notes or Red Seal Bills. Red Seal Notes have been issued in $1, $2, $5, and $100 denominations but did not issue $10 and $20 denominations.
Only one issue of the $1 Red Seal Note was printed, the series 1928. The $2 Red Seal Notes were printed in multiple series: 1928, 1928 A through G, 1953, 1953 A through C, 1963, and 1963 A. $5 Red Seal Notes were also printed in multiple series: 1928, 1928 A through F, 1953, 1953 A through C, and 1963. The $100 Red Seal Notes were printed in series 1966 and 1966 A.