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 Replies: 23 / Views: 4,742 |
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Valued Member
United States
59 Posts |
Quote: That was how it was, years ago, if memory serves. That when a note was damaged, they literally replaced that exact serial with a star note.
Not anymore."
Thanks,
I stand corrected..
Edited by Collectorlady
07/13/2015 12:24 pm
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Bedrock of the Community
United States
94367 Posts |
I believe that replacement star notes DO NOT bear the same serial number as the damaged note, at least not intentionally. They are simply used so that production runs can be filled with the correct number of notes in a packaging brick.
Edited by Coinfrog
07/13/2015 7:23 pm
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Pillar of the Community
 United States
1191 Posts |
So should I keep ALL star notes I come in contact with?
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Bedrock of the Community
United States
94367 Posts |
No. Condition is everything, and for most contemporary notes, circulated stars usually have very little premium.
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Bedrock of the Community
United States
94367 Posts |
Star notes, especially in the large-size series, are quite dramatic and beautiful:  |
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Pillar of the Community
United States
1191 Posts |
Where did you get this beauty?
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Bedrock of the Community
United States
94367 Posts |
If memory serves, it came from a Heritage auction several years ago. Love the big stars!
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Rest in Peace
United States
7075 Posts |
If you like them, keep them. You might try putting together a set such as one from each series or whatever you want.
I have a bunch that I have found and most are not worth more than face value so I make a note that they are spenders.
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Bedrock of the Community
United States
94367 Posts |
I think the large-size USNs are the best-looking stars, printed in bright red:  |
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Moderator
 United States
56855 Posts |
jimbucks, I could use your explanation please.If a star note replaces a damaged note then why do your notes look the same? John1  |
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Pillar of the Community
United States
2543 Posts |
If I may ......... the star note is not an exact replacement for the damaged note. Again , it has nothing to do with the serial number. Another note in that run was damaged and was replaced with the star note, which happened to have the same serial number as an undamaged note in the same run.
Edited by denco7
07/14/2015 04:51 am
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Bedrock of the Community
United States
94367 Posts |
Yes, this is possible, though most unusual. When you think about it, if they wanted to quickly subsitute a star replacement note with exactly the same serial number as on the damaged note, they would have to be simultaneouly producing equal and identical runs of both stars and non-stars! Edited by Coinfrog
07/14/2015 5:15 pm
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Bedrock of the Community
United States
94367 Posts |
To summmarize this interesting discussion, I think Groszy said it best when he described stars as "insurance notes," printed in advance to be used as needed with their own independent serial numbering.
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Pillar of the Community
United States
824 Posts |
To complicate this even further, I seem to recall that stars on early large-size currency did not indicate replacement notes. It wasn't until later that star notes were used for their current purpose. Can anyone add a more precise explanation?
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Bedrock of the Community
United States
94367 Posts |
Stars were not used to designate replacement notes until 1910. Prior to that, they were used simply as decorative devices to conclude serial numbers on all notes printed in a given series, such as the 1890-91 Treasury note series and the 1869 US note series.
Edited by Coinfrog
07/31/2015 6:31 pm
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Replies: 23 / Views: 4,742 |
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First Page
Posted 07/13/2015 5:18 pm
