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Why Are Star Bills Printed

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 Posted 07/08/2012  6:29 pm Show Profile   Bookmark this topic Add ilzho to your friends list Get a Link to this Message Number of Subscribers
What are the reasons (type or errors) that star bills are printed?
How many are printed each year?
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IndianGoldEagle's Avatar
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 Posted 07/08/2012  6:42 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Star notes are replacement notes.
From Wiki;
A replacement banknote is a banknote that is printed to replace a faulty one and is used as a control mechanism for governments or monetary authorities to know the exact number of banknotes being printed. As quality control finds defective notes in the printing process after the serial number has been overprinted, they are taken out with their serial number written down and replaced with another banknote printed specifically for this purpose, so that the amount of banknote being printed stays the same in each production batch. This saves time and money compared to re-printing exactly the same serial number that was used before. It is rare that the replacement banknote has the same serial number as the original faulty one. A replacement note will have its own serial numbering system that separates it from the normal numbering system.
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 Posted 07/09/2012  06:04 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
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