Historical Figures

What is the value of a 1928 US 100 dollar bill with red seal from Bank Chicago?

The 1928 $100 Federal Reserve Note with a red seal from the Federal Reserve Bank of Chicago is a rare and valuable note. Its value can vary depending on its condition and other factors, such as whether it has any errors or unique characteristics. Here are some general guidelines for valuing this note:

- Circulated condition: A 1928 $100 bill in circulated condition, meaning it has been in general circulation and shows signs of wear, can have a value of several thousand dollars. The exact value will depend on the grade of the note, with higher grades commanding higher prices.

- Uncirculated condition: An uncirculated 1928 $100 bill, meaning it has never been in general circulation and is in pristine condition, can have a value of significantly more than a circulated note. Uncirculated notes can sell for tens of thousands of dollars or even more, depending on their grade and rarity.

- Errors or unique characteristics: Notes with errors or unique characteristics, such as misprints, overprints, or unusual serial numbers, can have a significantly higher value than notes without these features.

Overall, due to its rarity and historical significance, a 1928 $100 Federal Reserve Note with a red seal from the Federal Reserve Bank of Chicago is a valuable item that is highly sought after by collectors. It is recommended to consult with a professional coin or currency dealer or appraiser to obtain a precise valuation of the note, especially if it is in uncirculated condition or has any unique characteristics.