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Description
The listing, 1928 G two dollar bill has ended.
1928 two dollar bill good shape serial E21135469A series G originally i stated siver certificate i made a mistake its a note sorry for the inconvienence
Note means the Dollar is worth a dollar because the Federal Reserve says so (like a gentleman's agreement) Technically, a silver certificate is an actual dollar's worth of silver that is in the Reserve (not sure if that's still the case).
red seals are called Legal Tender or United States Notes and were backed by the government its self by gold reserve. blue seal silver certificates backed by silver reserves. brown seals were national notes and backed by Independent banks and federal reserve banks (two type of brown seal, national note and FRBN "federal reserve bank note" not to be confused with the notes of today FRN's Federal reserve notes that have a Green Seal and are backed by the federal reserve for each 12 districts and not by any precious metals at all. (brown seal was also used in Hawaii notes during WWII but thats a whole other story :) )
It does get a lot deeper and more complex then that, i have written articles way back when on the different types. its a lot of fun :)