In 1928, small-size notes began to replace large-size notes that were being retired. Within this group, only a 1928 small-size $1 note was issued with red seals. The star note of this variation is quite rare. I could only afford a lowgrade star, a Fine 15 example. High-grade stars brought $30,000, so I paid $3,000 for a Fine 15. I also purchased a non-star gem for a much lower price..
These two interesting notes made a complete set of these $1 red seals. The $2 red seals would be issued in 1928, 28A, 28B, 28C, 28C mules, 28D, 28D mules, 28E, 28F, 28G, 52, 53A, 53 B, 53 C, 63, 63A, and they took on green seals in 1976, 1995, 2003, and 2003A.
The mules and the 28 issues all…
