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    Ericksonrain's Avatar
    Ericksonrain Posts: 2, Reputation: 1
    New Member
     
    #1

    Jun 5, 2008, 04:38 PM
    What is a 5 dollar red seal series 1953 worth?
    Hello does anyone know what a 5 dollar red seal series 1953 worth?

    {moved from Forum Help-<>}
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
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    #2

    Jun 5, 2008, 09:07 PM
    How much it is worth monetarily does greatly depend on the condition of it.

    Flying Blue Eagle is a person on this site who has current documentation as to the monetary values of currency and coins. I am sure that he will be along sometime to address your question.

    In the meantime, it would be helpful if you could determine some kind of condition for your currency.

    What is quoted below is to help you to figure out the condition of your bills. It is from the following site. 1.9) How do you grade the condition of paper money?

    1.9) How do you grade the condition of paper money?

    The condition of a note is critical to its value. Lowering the
    grade of a note one notch can decrease its value by 1/3 or even
    1/2. An expensive note which falls between two categories might
    be worth a thousand dollars more in the higher category than the
    lower one. Thus, it's often important to be more precise than
    using a limited number of categories.

    But here's a general guideline. Note that many dealers have
    slightly different grading systems, especially with various
    sub-grades of uncirculated. There's no official system of grading,
    unfortunately. But these are pretty much universally accepted.
    I've received a lot of input and tried to hammer out the best
    descriptions for each category.

    Crisp Uncirculated, UNC or CU: This means absolutely not the
    slightest sign of any handling or wear or folding or *anything*.
    Some people use additional grades to distinguish qualities such
    as perfect centering or other printing characteristics. Certainly
    a note which has centering problems which are visible from a
    distance of 1 meter (3 feet) should have this mentioned in the
    condition description.

    Almost Uncirculated (or About Uncirculated), AU: This means there
    is a slightly detectable imperfection such as a counting fold on one
    corner or slightest fold in the center (nothing which breaks the
    surface of the paper) or a pinhole. At first glance it looks like
    an UNC note.

    Extremely Fine, EF or XF: Generally three light folds or one strong
    fold which breaks the surface. There may be slight rounding at the
    corners.

    Very Fine, VF: May have several folds although the note is still
    crisp and has a minimum of dirt. There may be minor tears or very
    small holes but nothing which distracts from the overall appearance
    of the note. Take an uncirculated note and crumple it once in your
    hand, then flatten it out: this is a Very Fine note. Repeat the
    crumpling and it's still pretty much a VF note.

    Fine, F: A circulated note where individual folds and creases may
    no longer be visible. To distinguish this from a VF note, when
    inspecting a Fine note, it clearly does not look like a note which
    has merely been crumpled a few times: It doesn't have the crispness
    and brightness of a VF note. No tears may extend into the printing.
    This is your average in-the-wallet note.

    Very Good, VG: Tears and small holes can be present. The note is
    not crisp at all. The is your lower quality in-the-wallet note.
    Lots of people on the 'net don't realize that a note in "very good"
    condition is really pretty lousy.

    Good, G: Small pieces missing, graffiti. A worn out note.

    Fair: Major tears, etc. A badly worn out note.

    Poor: Even worse.

    To grade a note precisely, it can help to hold the note about
    20 cm (7 inches) under a strong light source (use the same source
    for comparing notes) and on top of a white piece of paper and
    use a 3x or 4x power magnifying glass. Make sure your hands are
    clean before handling a note. This method will show a lot of
    minor imperfections which are not normally visible.

    Note that note from many countries have standard features which
    exist for even Uncirculated notes. Some notes from Bangladesh,
    Bhutan, Burma/Myanmar, India, Nepal, and Pakistan are only found
    with staple holes where staples are always used to hold packs of
    notes together. Most dealers list Uncirculated notes of this type
    as having the usual staple holes (often abbreviated as uSH-UNC).

    Also, some notes printed in France (for about 15 different
    countries) have a slight crinkle effect.
    Flying Blue Eagle's Avatar
    Flying Blue Eagle Posts: 2,056, Reputation: 225
    Ultra Member
     
    #3

    Jun 16, 2008, 12:00 AM
    Ericksonrain - I thought that you stated on the other post that your $5.00 note was the same as the other gentalmans , that's why I haven't been over to your post, Let me know if you need any more informationon it , and I will try and get it for you . Have a good day and GOD BLESS ::: F.B.E.

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