Home / Paper money / Red seal $2 bills
1928 $2 Bill Value
A worn 1928 red seal $2 bill is worth about $12 to $25. Uncirculated ones sell for about $50 to $90.
The letter after the date matters. A 1928B is the scarce one, worth $50 to $200 even when worn.
Worth keeping. Check the series letter and look for a star before the serial number.
- Worn$12–25Folds, soft paper, normal wear
- Uncirculated$50–90Crisp, no folds, never spent
- Star note$75–200Star (★) in the serial number
Which one do you have?
- It has a red seal on the left and red serial numbers, and says UNITED STATES NOTE at the top.
- The series date, such as SERIES OF 1928 or SERIES OF 1928 D, is printed on the face. Letters run from A to G.
- The back shows Monticello, Jefferson's home.
Versions worth more
1928B
$50–200 worn; stars $260–600
The scarcest of the 1928 letters. Check the series date closely.
Star note
$75–200
A star (★) before the serial number. 1928 red seal stars are scarce, especially in nice condition.
Certified uncirculated
$110–190 in PMG 64
Common letters like 1928D and 1928G in high grade.
Check your serial number
Type the 8 digits of the serial number. Add the letters and the star if your note has them; the checker reads the digits.
Questions
Why does my $2 bill have a red seal?
Red seals mark United States Notes, a type of paper money issued by the Treasury rather than the Federal Reserve. Small-size red seal $2 bills were printed with series dates 1928, 1953 and 1963.
Is a 1928 $2 bill silver?
No. It's a United States Note, not a silver certificate. Its value comes from collectors, not metal.
Is old paper money still legal tender?
Yes. All U.S. paper money issued since 1861 is still legal tender at face value. Collectors usually pay more for older or crisp notes.
Where can I sell it?
For common notes, a local coin or currency dealer is quickest. eBay works for notes worth $20 or more. Send notes worth several hundred dollars to a currency auction house.
Should I get it graded?
Only if it's worth well over $100. Grading by PMG or PCGS Banknote costs tens of dollars per note plus shipping, which is more than most common notes are worth.
Check real sales
Sold listings show what notes in your condition actually bring: see sold 1928 $2 bills on eBay.
Protect your notes: currency sleeves keep bills flat and clean, and a 10x loupe helps you read seals and serial numbers.
As an Amazon Associate I earn from qualifying purchases. As an eBay Partner Network affiliate, we may also earn a commission when you buy through links on this site, at no extra cost to you.
More red seal $2 bills: every series and value. All notes: paper money values.
Values checked October 9, 2026 against recent sold listings. They are typical prices, not offers. Worn modern notes are valued at face, since that is what a bank or store gives you. How values work.