What is the value of a 1953 B red seal two dollar bill?

As of 03/2010 auction values are $2.75 - $5.50 for a circulated bill and $12. or more for an uncirculated one.

The red seal indicates that the bill is a United States Note, an alternate form of currency issued up until 1966. US Notes were discontinued because they served the same purpose as Federal Reserve Notes.