1966 One Hundred Dollar Bill Red Seal Legal Tender Note $100 in PMG Gem Uncirculated 66 EPQ

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We are pleased to offer for sale this 1966 One Hundred Dollar Bill Red Seal Legal Tender Note $100 in PMG Gem Uncirculated 66 EPQ. This 1966 $100 Red Seal Legal Tender Bill has been graded and encased by PMG.  The bill has been graded a Gem Uncirculated 66 EPQ (Exceptional Paper Quality). The bill is a Friedberg currency book FR#1550 (AA Block) Granahan/Fowler.  These Red Seal One Hundred Dollar Bills will make a nice addition to any currency collection!

Series 1966 was the first and only small sized One Hundred Dollar US Legal Tender Note issued.  It was also the first US Currency to use the new US Treasury Seal with wording in English as opposed to Latin.  The obverse features a portrait of Benjamin Franklin.  The reverse of the bill depicts Independence Hall. For these US Legal Tender Notes, the seal and serial numbers are printed in red.  Like the series 1963 $2 and $5 notes this series 1966 bill can be differentiated from past series by the addition of the motto "IN GOD WE TRUST"  above Independence Hall on the reverse.   Also, on the obverse of the note "WILL PAY TO THE BEARER ON DEMAND" which had been included on previous series is now removed.

What is a Red Seal Note?

Red Seal Notes are United States Currency known as either United States Notes or Legal Tender Notes.  Legal Tender Notes are the longest lived of all  U.S. Currency, first authorized in the Act of Congress of May 3, 1878 and issued through 1971.  Large-size Legal Tender Notes were issued only through 1929, after which the currency changed to the smaller "modern size" notes still used today.  All Small-size Legal Tender Notes have red seals, and therefore they are referred to as Red Seal Notes or Red Seal Bills.  Red Seal Notes have been issued in $1, $2, $5, and $100 denominations.  The Mint also printed but did not issue $10 and $20 denominations.  

Only one issue of the $1 Red Seal Note was printed, the series 1928. The $2 Red Seal Notes were printed in multiple series:  1928, 1928 A through G, 1953, 1953 A through C, 1963, and 1963 A.  $5 Red Seal Notes were also printed in multiple series: 1928, 1928 A through F, 1953, 1953 A through C, and 1963.  The $100 Red Seal Notes were printed in series 1966 and 1966 A.