• Legal Tender - Small

Greensheet & Friedberg® Price Guide

coin-icon-tr
Values / U.S. Currency / Small Size Notes / Legal Tender - Small / 1928B Legal Tender - Small

The Greysheet Catalog (GSID) of the Legal Tender - Small series of Small Size Notes in the U.S. Currency contains 5 distinct entries with CPG® values between $12.00 and $20,000.00. The costs of producing paper currency were only on the rise in the early 20th century,

The Greysheet Catalog (GSID) of the Legal Tender - Small series of Small Size Notes in the U.S. Currency contains 5 distinct entries with CPG® values between $12.00 and $20,000.00.

The costs of producing paper currency were only on the rise in the early 20th century, and one cost-cutting move that made sense and was most feasible for the United States government was to reduce the physical dimensions of its paper money. The first reduced-size paper notes were issued on July 10, 1929, and among the types of paper currency affected by this move was the legal tender notes originally issued under the Act of May 3, 1878.

Small-size legal tender notes were principally issued in denominations of $1, $2, and $5. However, a Series 1966 run of $100 bills was also produced. For the most part, small-size legal tender notes are considerably common, especially in circulated condition. All small-size legal tender notes bear red seals.

See More See Less
1928B $2 (Fr. 1503)
Value Range: $35.00 - $4,000
$35.00 - $4,000
1928B $2 Replacement (Fr. 1503*)
Value Range: $7,500 - $20,000
$7,500 - $20,000
1928B $5 (Fr. 1527)
Value Range: $12.00 - $600
$12.00 - $600
1928B $5 Replacement (Fr. 1527*)
Value Range: $60.00 - $4,000
$60.00 - $4,000

Available on Greysheet Marketplace

View All
1928 $1 Replacement (Fr. 1500*)

Auction Ends: 4/30/2026

1928 $1 (Fr. 1500)

Auction Ends: 4/30/2026

1966A $100 (Fr. 1551)

Auction Ends: 4/30/2026

1928E $5 (Fr. 1530)

Auction Ends: 4/30/2026

Dealer Directory

View All Dealers

Greysheet News

View All News
Maryland Advances Precious Metals Tax Exemption Bill to Governor
Maryland Advances Precious Metals Tax Exemption Bill to Governor
4/14/2026

The Maryland General Assembly has passed Senate Bill 309 (SB 309), landmark legislation that expands the state's sales- and use-tax exemption for precious-metal bullion and coins, marking a significant development for the numismatic and bullion community.

Eagles Soar in Latest Offering of James A. Stack Collection
Eagles Soar in Latest Offering of James A. Stack Collection
4/13/2026

A wide range of U.S. and pioneer gold coins from 1798 to 1933 proved to be highlights of the February 3 Stack's Bowers sale of the second part of the James A. Stack Sr. Collection.

Wheelchair Basketball Featured on 2027 Half Dollar
Wheelchair Basketball Featured on 2027 Half Dollar
4/10/2026

Under the provisions of the Circulating Collectible Coin Redesign Act of 2020 (Public Law 116-330), the U.S. Mint will be offering new designs on the half dollar in a four-year program from 2027–2030.

Map icon

DAVID LAWRENCE RARE COINS