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 Replies: 23 / Views: 4,740 |
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Pillar of the Community
United States
1191 Posts |
I saw people mention star paper money and I was wondering what does the star actually means and why it's there. I looked at some of the cash I have and I found over 10 star bills  Is any year a keeper or should I look for certain year and serial number and spend the rest? |
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Valued Member
United States
59 Posts |
Quote:"What are Star Notes?"
Star Notes are notes that have been printed incorrectly These notes are are replaced with star notes because no two bills within a certain series can be produced with the same serial numbers . They are highly collectible. Much better not to fold them at all and keep them flat.One can find them in all denoimnations as far as I know.
I hope this helps.
Edited by Collectorlady
07/13/2015 12:57 am
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Pillar of the Community
United States
4692 Posts |
Sorry, but that is not a correct answer. Serial numbers have nothing to do with it. I've explained it before in the forums, so this time I will let someone else do it.  |
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Moderator
 United States
56855 Posts |
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Rest in Peace
United States
17900 Posts |
Nifty examples JimBucks - I especially like the low and matching serials.
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Valued Member
United States
59 Posts |
Quote:Sorry, but that is not a correct answer. Serial numbers have nothing to do with it. I've explained it before in the forums, so this time I will let someone else do it." To be sure I was answering the question correctly , I went to Wikipedia for their answer. Here is the gist of what they said. "When notes are discovered that have been printed incorrectly (such as having the serial numbers upside down, etc.) the misprinted "error notes" are replaced with star notes because no two bills within a certain series can be produced with the same serial number."  |
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Pillar of the Community
Canada
2519 Posts |
Wikipedia is not always correct, even on edits that have been left unchanged for a long time. I have rollbacked a Wikipedia edit from the last year. Plus, Wikis are vulnerable to vandalism since anyone can edit it.
Edited by Altaira
07/13/2015 11:55 am
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Pillar of the Community
United States
2543 Posts |
Your answer was partially correct, they are used to replace misprinted notes, but they have nothing to do with serial numbers,
Jim gave you an example of two identical serial numbers. Star notes are printed in bulk, to replace notes in bulk. Bills are not pulled out one at a time and replaced one at a time with a star note of the exact same serial number.
It is more a matter of bookkeeping than identical serial numbers. And by the way, I would not use Wikipedia as an authority on anything. You do realize it is assembled by users and can be edited by any user at any time. It is far from an authority on anything and in many cases, the information is just wrong.
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Pillar of the Community
United States
589 Posts |
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. November 2013 Production of $2 US Banknotes:F 000 00001 A - F 192 00000 A F 000 00001 * - F 006 40000 * That, right there, was 640,000 stars printed alongside regular notes but those 640,000 stars share the exact same serial as the regular notes (if we're going off of purely numerals). No two notes have the same serial within the same series, Series 2013 $1 US Notes: K 000 00001 A, K 000 00001 B, K 000 00001 C, K 000 00001 *. None of those serials are the same. Today, the US produces a set number of stars automatically as an "insurance policy" of sorts so that in the probable event that some notes are damaged, they've already been replaced by stars. If memory serves, stars are also released into circulation in packs/bricks containing all star notes. |
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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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Replies: 23 / Views: 4,740 |
Posted 07/13/2015 12:30 am
