Hey guys, got this in my change today. I noticed a black guideline along the top of it and I'm wondering if there is a way to find out by serial number if this was from an uncut sheet, of just cut offline a bit? Thanks for any help. If it's just a normal red seal, any value to a circulated one?
Uncut sheets from this era are beyond scarce. I don't have my reference in front of me, but 28 Legal Tender sheets released to the public were probably limited to a dozen or less, given out to important individuals in politics and those involved in the creation of these notes. Uncut sheets were more often distributed around a design change. They are more likely to come from the 28 series rather than 28-E. A sheet note would not have had a chance to see any circulation. It's more than safe to say your note was a standard circulation note. As far as the guidelines - they are very common. Cuts were rarely spot on, and you can find one or more leftover guidelines on the majority of notes from that era. More importantly, where the heck did you get this in change?
Someone actually paid me we with it, i work at a gas station. I find some cool things, and i check my coins daily for odd ones and errors, and i started checking bills for unusual serial numbers. This one's common i guess, but its my first red seal. In decent condition too, has a bit of crispness left in it.
It's still a great note and worth at least $10 in that shape. Can't beat picking it up for face value.
I haven't seen a red seal in circulation for at least 20 years. Do banks automatically pull them for destruction?
Yes, When I asked for any the banks said, "We almost never have them because the minute we get them we have to send them back to the fed."
