$100 1950 Binary Star Note Low Serial Number K00001110

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Author	Replies: 4 / Views: 2,568
tekomatsu New Member United States 2 Posts	Posted 09/17/2011 10:10 pm I wanted to solicit the opinion of this group on the value of a note in my collection. Thank you in advance. Report this Post to the Staff

Buddy Rest in Peace United States 7075 Posts	Posted 09/17/2011 10:54 pm I hope someone with more experience comes along to help you soon. I have seen similar, newer notes selling for quite a bit. Take a look at iccurrency.com and other sites like it to see what they're selling for. Sadly the writing will most likely devalue somewhat. By the way, it is also a star note -- the last digit of the serial number was replaced with a star. Star notes are worth a bit, too. The combination and the age of the note could make up for the writing that's on it. Report this Post to the Staff
Nickelman Pillar of the Community United States 1397 Posts	Posted 09/19/2011 1:33 pm Sadly I can't tell you what you need to know about this note, all I can tell you is it doesn't appear in the print numbers of any of my books. In other words there is no Fr. 2157-K* listed. I have found a couple of other examples though on the web, but have not found out any usable info about why that note is not listed as even printed. I suspect you have a rare and valuable note there. One thing for sure if that note were mine I would not part with it until I found out more about it. Report this Post to the Staff
Nickelman Pillar of the Community United States 1397 Posts	Posted 09/19/2011 8:14 pm Since I really do like a good mystery I asked a question on another forum about it and was informed that even though the books don't acknowledge it stars were printed for all 12 districts of 1950 $100 and that 36,000 of them were printed for Dallas. If you were wondering, or even if you weren't: A 000 00001 * - A 000 24000 * 24,000 B 000 00001 * - B 000 96000 * 96,000 C 000 00001 * - C 000 24000 * 24,000 D 000 00001 * - D 000 48000 * 48,000 E 000 00001 * - E 000 60000 * 60,000 F 000 00001 * - F 000 72000 * 72,000 G 000 00001 * - G 000 72000 * 72,000 H 000 00001 * - H 000 36000 * 36,000 I 000 00001 * - I 000 36000 * 36,000 J 000 00001 * - J 000 36000 * 36,000 K 000 00001 * - K 000 36000 * 36,000 L 000 00001 * - L 000 48000 * 48,000 But then there is also the fact that yours is a low serial true binary, which does make the value go up, and it has writing on it which in turn lowers the value. Just guessing I would think the value might be as high as 2 to 3 times face. Again I would say to find out more about it if you plan to sell it as my opinion is just that. Report this Post to the Staff
tekomatsu New Member United States 2 Posts	Posted 09/19/2011 10:39 pm Thank you for your research and opinions. I will continue to try to find out more about the value. Report this Post to the Staff
	Replies: 4 / Views: 2,568

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