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New $1 Bill?

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Author Previous TopicReplies: 14 / Views: 1,221Next Topic  
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thingee's Avatar
United States
2177 Posts
 Posted 04/13/2007  12:51 am Show Profile   Bookmark this topic Add thingee to your friends list Get a Link to this Message Number of Subscribers
Has anyone heard of a new $1 U.S. bill that's not green and black? Someone has asked me about this from the Land Down Under and I haven't heard of such a bill. Anyone?
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Sleaklight's Avatar
United States
827 Posts
 Posted 04/13/2007  01:12 am  Show Profile   Bookmark this reply Add Sleaklight to your friends list Get a Link to this Reply
There's a federal law forbidding the change in design of the $1 bill so there wont be a new $1 bill coming out anytime soon.
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thingee's Avatar
United States
2177 Posts
 Posted 04/13/2007  01:18 am  Show Profile   Bookmark this reply Add thingee to your friends list Get a Link to this Reply
Thanks for the info sleaklight. I wonder if this other fella actually means the new prez dollar. Thanks again.
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Brissyboy's Avatar
Australia
335 Posts
 Posted 04/13/2007  12:44 pm  Show Profile   Bookmark this reply Add Brissyboy to your friends list Get a Link to this Reply
I asked

It was not that it was a different colour to green and black. I thought I had heard that they added extra colour or toning to part of the note. Maybe as a security feature or something.

Has there been any modifications over the past couple of years?
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GO's Avatar
United States
6563 Posts
 Posted 04/13/2007  12:54 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
I haven't heard anything. All of our bills $5, $10, $20, $50, $100 now have extra features and some color but no changes in the $1
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thingee's Avatar
United States
2177 Posts
 Posted 04/13/2007  2:23 pm  Show Profile   Bookmark this reply Add thingee to your friends list Get a Link to this Reply
There are web notes, star notes and I just heard about a silver holigram $1. But I don't think it's issued by the federal goverment.
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scmoore61's Avatar
United States
487 Posts
 Posted 04/13/2007  2:53 pm  Show Profile   Bookmark this reply Add scmoore61 to your friends list Get a Link to this Reply
What is a Star note?
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biokemist6's Avatar
United States
12437 Posts
 Posted 04/13/2007  3:52 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
A star note is a replacement issue. When sheets of bills are damaged during the printing process, they are replaced with notes that have the exact same serial numbers as the damaged ones but the addition of a star next to the number to denote a replacement note. Star notes generally carry a premium and it can be quite high with certain year/denomination/Fed Reserve combos.
Valued Member
United States
246 Posts
 Posted 04/13/2007  4:16 pm  Show Profile   Bookmark this reply Add thomas_z71 to your friends list Get a Link to this Reply
are there star notes w/ today's sheets or were these minted a long time ago?
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biokemist6's Avatar
United States
12437 Posts
 Posted 04/13/2007  4:27 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Star notes continue to be printed and will be around as long as we have paper money.
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karrlot's Avatar
United States
535 Posts
 Posted 04/13/2007  9:19 pm  Show Profile   Bookmark this reply Add karrlot to your friends list Get a Link to this Reply
Why is there a law forbidding change of the $1?
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Brissyboy's Avatar
Australia
335 Posts
 Posted 04/14/2007  12:21 am  Show Profile   Bookmark this reply Add Brissyboy to your friends list Get a Link to this Reply
What is a WEB NOTE, please?
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Sap's Avatar
Australia
16808 Posts
 Posted 04/14/2007  01:39 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Web Notes were a now-discontinued experiment in using a different method of mass-producing low denomination notes.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Conder101's Avatar
United States
17884 Posts
 Posted 04/18/2007  7:32 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
quote:
When sheets of bills are damaged during the printing process, they are replaced with notes that have the exact same serial numbers as the damaged ones but the addition of a star next to the number to denote a replacement note.

The sheets of star notes do NOT have the same serial numbers as the notes they replace.
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biokemist6's Avatar
United States
12437 Posts
 Posted 04/18/2007  10:30 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
You are correct Conder, I should have been more careful about that

http://www.moneyfactory.gov
Star Notes

When an imperfect note is detected during the manufacturing process after the serial number has been overprinted, it must be replaced with a new note. A "star" note is used to replace the imperfect note. Reusing that exact serial number to replace the imperfect note is costly and time consuming. The "star" note has its own special serial number followed by a star in place of a suffix letter.

The serial number of the imperfect note that was removed is not used again in the same numbering sequence.

Edited by biokemist6
04/18/2007 10:32 pm
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