1928F $2 Red seal United States Note Grades vf details. This is the first “small size” two dollar bill issued by The U.S. In 1928 the size of paper money was changed to the size that we are familiar with today. Don’t let the old year fool you, 99% of these bank notes sell for around $5 each. Keep reading to learn about the exceptions. There are eight different types of 1928 $2 bills. They are Series of 1928, Series of 1928A, 1928B, 1928C, 1928D, 1928E, 1928F, and 1928G. Portarait of Thomas Jefferson. Signatures of Julian and Snyder