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Replies: 22 / Views: 4,354 |
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Pillar of the Community
United States
4637 Posts |
If by "collecting modern star notes" you mean collecting modern star notes from circulation, then 99% of the circulated star notes you find may never be worth more than face value. I compare collecting modern star notes from circulation to collecting State Quarters from circulation. I'm not saying it's not fun or challenging, I'm saying that no one knows the future of collecting paper money, but my bet would be that common, circulated, modern star notes may never be worth more than they are today. On the other hand, even a blind squirrel finds an acorn every once in a while. Meaning, several collectors that post here do find rare,uncirculated modern star notes that are worth more than face value. They search uncirculated straps and bundles and cash drawers etc. and find real jewels. Once again, no one knows where paper money collecting is headed, and I would encourage anyone interested to pursue the hobby as a collector first and an investor second. Collect what makes you happy.
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Bedrock of the Community
United States
94367 Posts |
Well said, Stever, as always.
Most modern-era FRN $1 stars are worth very little, especially if circulated. But there are some tough exceptions for certain districts in certain series. Do your homework!
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Bedrock of the Community
United States
11951 Posts |
For me .
If I find CU star $1.00 or $2.00 notes at face ...or near face .. I put them away. I do have some bigger denomination, but I am not as quick to put them away.
As stated there are some modern Stars that have good value. I have found a $2.00 1976 "I" star ...but still looking for my second one.
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Pillar of the Community
United States
4211 Posts |
Modern Star Notes....I kinda equate to State Quarters. I do not expect them to be worth more than face value but I still saved a set of them...just because. If they interest you save them because you like them. 
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Bedrock of the Community
United States
94367 Posts |
Pretty good analogy, but there ae exceptions!
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Pillar of the Community
United States
1068 Posts |
I keep all star notes regardless of condition for the possibility of a flip in the future... But if anything, they make a fun emergency fund if the need should arise...
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Bedrock of the Community
 United States
12816 Posts |
I have been putting together a set of $1 FRNs from every series (and BEP facility where applicable), including a star from each. A fun set, not too expensive to put together even in CU. You can get the stars (depending on run/district) from 1963 - 2013 for anywhere from $2-$20 on ebay. And as Coinfrog and SteveInTampa will vouch for, the ones that are $20 you can probably get graded 66 or better for just a few dollars more. I think that is right around 38 stars. Just an option for you. But if you're going to put a collection or moderns together I'd definitely recommend CU for some value.
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Bedrock of the Community
United States
11951 Posts |
I am doing pretty much the same as CK .. Trying to put a type set of $1.00 and $2.00 notes. At first I just going by series .. now as I find them I am trying to switch to star notes .. or adding them to the same page.   The example above is what I started with .. switching to stars  Barr stars .. are a little better  One of the better 1976 FRN $2.00 "I" start 
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Bedrock of the Community
 United States
12816 Posts |
I always love your photos, GR58! 
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Valued Member
United States
116 Posts |
I love them! I just got a Series 2013 $1 F* today in circulation, mint condition. It was from the first print run of F* notes from this series, which was a run of 6.4M notes. Too bad it wasn't from the second run (250k) or the third run (100k). Oh well, at least it only cost me a dollar!
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Pillar of the Community
United States
1285 Posts |
GR58 Even though the $2 76 I star is key, I would also get the 2003A F star as well as 2009 B star while they are cheap. Still cannot figure out the 2013 series yet...too many short runs and Don't know enough on the series.
Lowest so far is 2009 B star with ONE run of 128,000.
Good luck
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Bedrock of the Community
United States
11951 Posts |
Thanks for the suggestion Ceylon62. I try to buy as many as I can, that come into the local shops. It has been a while since I checked for some good pickups on ebay, I might have to do that this weekend.
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Valued Member
United States
54 Posts |
As many have already stated, I recommend just using modern stars because so many people hoard them. They can be fun to collect because it is something abnormal you find in circulation. I have a few myself but unless they are uncirculated consecutive stars, just use 'em.
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Pillar of the Community
 United States
5029 Posts |
I keep them because I like them. I am not knowledgeable on paper collecting so for me it is the cool factor - I just think they are a neat thing to find.
They are modern today, but wont be down the road at a point. Will they appreciate much in value - well that has a lot of variables so who knows. However, there was a time national notes from 1929 were "modern" as well. So for a 1-2-5-10-20 star I will keep them and pass them on down that road in the thought that one day they will prove valuable in inspiring a descendant to take up the hobby. More than that I am not overly concerned about.
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Pillar of the Community
United States
4211 Posts |
Nice collection as always GR58!
Thank you for posting your awesome photos!
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Replies: 22 / Views: 4,354 |
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