Thursday, July 9, 2009

$100 Legal Tender Red Seal - 1966


1966 $100 Legal Tender Note Red Seal with serial# A00655115A displaying signatures of Granahan and Fowler. Fr# 1550, plate# B1/7. Graded 67 SUPERB GEM NEW with PPQ by PCGS. Please look for the sequential sister notes currently in auction. This note has a bright bold red seal and serial numbers as well as great margins on all sides, blazing red color and superior eye appeal. The 1966 $100 red seal is currently the most valuable of the red seal types as well as the last of this type of note. Other then the ink spot on obverse this note is very consistent for the grade. This type of currency with a red treasury seal and red serial numbers is one of the most curious types of money to be found in circulation. These notes are printed with the words "United States Note" in the scroll-work at the top center of the note. These notes, issued at a time when money was redeemable for gold or silver, were backed only by the credit of the United States Government. They were issued in $1, $2, $5 and $100 denominations
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