Hi all, I'm new to this site and don't know anything about old currency but I'm wondering if someone could give me any info on this $100 bill I just got. Thanks for any info. Chris
All I can tell you is it has a lot of wear and damage, but it's a nice find. If I found it, I'd be keeping it. Put it in a sleeve to keep if from more damage. $100.00 is a lot to sit on, so if you find it tough to hold on to, put it up on eBay. I'm sure you'll get more than face for it.
Seems to be the case: http://www.ebay.com/sch/i.html?_odk....m570.l1313&_nkw=100+dollar+red+seal&_sacat=0
Issued in 1966, the Red seal $100 was a rather short lived banknote, as the last issue of a United States 100 Dollar Banknote was in 1968 (albeit with a series 1966A date). One bit of trivia that's sure to win you over with all your friends is that this note was this first one to have the new design of the Treasury Seal. It's the same look, but with a change in the wording. The older seal read: "Thesaur. Amer. Septent. Sigil", which is of course Latin for "Seal of the Treasury of North America." The new seal reads in modern English "The Department of the Treasury." This Red Seal $100 is also rather scarce. It was issued in two series: 1966 and 1966A . Combined, they only issued 1,408,000 notes. Compared to another scarer note, the One dollar Legal tender series of 1928, which had a printing of 1,872,012, the printed difference makes this red seal hundred dollar note 464,012 less than the one Dollar. What surprised me at first was the collector's cost of the One dollar Legal Tender note today is significantly higher than the One Hundred Legal Tender note. Perhaps because less people collect $100 notes due to the initial face value, and also that the number of red seal one's in good condition is likely very less, as they were issued primarily in Peurto Rico which has a higher useage and more humid condition.
Just remember all eBay & PayPal percentage based fees quickly eat into your profit when selling $100 bills. I've been there and taken some losses
Best idea is to get more postings under your belt and then post it to the For Sale Forum here. That way you don't have to pay any ebay fees and you know it is going to a collector.