Most 1988 5 dollar bills aren't very valuable. However star notes can sell for more money. Continue reading to learn more about these bills.
Specifications
| Denomination: | $5.00 USD |
| Type: | Federal Reserve Note |
| Series: | Two: 1988, 1988A |
The 1988A series $5 bills were printed at two different locations- Washington D.C. and Fort Worth, Texas. The location can affect the value. Notes printed in Fort Worth, Texas can be identified by a small "FW" on the front of the bill next to the green seal.
Value
Most of these bills in circulated condition won't be worth more than their face value of $5. In the better condition grades these bills can sell for a premium. In addition, star notes can be more valuable.
Both the 1988 series and 1988A series $5 bills are worth around $6 in very fine condition. Uncirculated bills with a grade of MS 63 can sell for around $17.50.
Star Notes
Star notes are replacement bills that the United States Federal Reserve 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 at the end of the serial number.
Most 1988 series $5 star notes are worth around $20 in very fine condition. In uncirculated condition the price is around $45-50 for notes with an MS 63 grade. Star notes issued from the Federal Reserve Bank of Boston are more valuable- each note can sell for around $90 in uncirculated condition with an MS 63 grade.
Most 1988A series $5 star notes printed in Washington D.C are worth around $12.50-15 in very fine condition. In uncirculated condition the price is around $35-40 for notes with an MS 63 grade. Star notes issued from the Federal Reserve Bank of Minneapolis are rare are more valuable.
Most 1988A series $5 star notes printed in Forth Worth, Texas are worth around $15 in very fine condition. In uncirculated condition the price is around $30 for notes with an MS 63 grade. Star notes issued from the Federal Reserve Bank of Atlanta are more valuable- each note can sell for around $150 in uncirculated condition 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:
A Guide Book of United States Paper Money
See also:
1993 Five Dollar Bill 1985 Five Dollar Bill 1977 Five Dollar Bill