The 1928 five dollar bills are collectible notes that can be valuable. Star notes exist and they will sell for higher prices. Continue reading to learn more about these bills.

1928 5 Dollar Bill Red Seal

1928 5 Dollar Bill Red Seal Reverse

Specifications

Denomination: $5.00 USD
Type: Legal Tender Note
Series: One: Series of 1928, Red Seal

Value

Most of these bills in circulated condition will be worth more than their face value of $5. Bills in high condition grades will sell for more money. In addition, star notes will sell for a lot more money.

Most 1928 $5 red seal bills are worth around $20-27.50 in very fine condition. Uncirculated bills with a grade of MS 63 can sell for around $100.

The 1928 $5 red seal bill with the signatures of Julian and Vinson is much more valuable. This bill is worth around $55 in very fine condition. Uncirculated bills with a grade of MS 63 can sell for around $275.

Star Notes

Star notes are replacement bills that the United States printed. These star notes are more rare and thus more valuable. You can tell if you have a star note by looking to see if there is a star symbol before the serial number.

Most 1928 series $5 red seal star notes are worth around $100-150 in very fine condition. In uncirculated condition the price is around $400-600 for notes with an MS 63 grade.

Star note no. F-1525 with the signatures of Woods and Mellon is worth around $325 in very fine condition. In uncirculated condition the value is around $1,150 for bills with an MS 63 grade.

Star note no. F-1526 with the signatures of Woods and Mills is the most valuable star note. This bill is worth around $800 in very fine condition. In uncirculated condition the value is around $8,000 for bills with an MS 63 grade.

Star note no. F-1527 with the signatures of Julian and Morgenthau is worth around $200 in very fine condition. In uncirculated condition the value is around $700 for bills with an MS 63 grade.

Lastly, star note no. F-1529 with the signatures of Julian and Vinson is worth around $600 in very fine condition. In uncirculated condition the value is around $4,000 for bills with an MS 63 grade.

Note: Valuable bills should be placed inside currency holders.

Grading System

Very fine- A note that has been in circulation but not for a long time. The note is still relatively crisp. There may be some creases, folds, or light smudges.

MS 63 choice uncirculated- A note that shows no signs of ever having been in circulation. The note still has its original crispness. The note is also well-centered.

 

Sources:

The Red Book


See also:

1914 Five Dollar Bill