BEP $1.00 100 Note Pack With Star Notes

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Author	Replies: 4 / Views: 3,243
mangulator New Member United States 16 Posts	Posted 11/12/2015 04:36 am I am new here and am wondering if anyone would know if I have found something good. I collect BEP banded $1.00 100 sequencail note packs. I have been collecting these for years having been lucky to befriended the commercial teller at my bank. I collect them in hopes of finding desirable serial numbers but my main reason is to save up something for my grandchildrens education. I received a pack that was unlike any other I have ever run across. The pack is of 2006 series $1.00 that start with the normal serial number run as any other, but as I flipped through the pack I noticed that at the eighth note the serial numbers for the next 6 notes were missing and then continued on as normal until around note number 92 in which the next two notes are star notes ( non sequencail ) from a different district and then the pack continues on using up notes from what should have been the next 100 note pack. ( 01-100 vs. 01 -104 ) As I said I'm new to the site and do not have the pack available in front of me, so excuse me for not using the serial numbers from the pack. I have never run across a pack with star notes in place of damaged notes that were printed for a different district or have I had a pack that had star note replacements and not end with the normal serial number at the end of the pack.I have never seen a pack that is a complete 100 notes that has notes with serial numbers which should be in the next pack. Has anyone ever seen this before or heard of this happening? You would think that having packs going out with the top note having off serial numbers. I wish I had caught this earlier than I had, I would have gone back to the bank and seen if the next 100 note pack was there. I would have picked it up too. I read or heard it somewhere that the BEP or the FRB ships the packs out in 4000 note bricks wrapped in cellophane with a bar code. The bank then opens the brick and distributes the notes. I went to a web site US PAPER MONEY Info and checked when both the regular notes were printed along with the star notes and even those dates are off. I'm wondering if the BEP made an accounting error, or if who ever opened or received the next pack noticed the first notes serial was off or was it corrected with star notes in order to bring the numbers back in sequence so that the last note had the correct sequence for a pack etc. Any input would be helpful, this one really has me stumped! This is a great forum and I have a lot of reading to do! Thanks Report this Post to the Staff

Coinfrog Bedrock of the Community United States 94367 Posts	Posted 11/12/2015 5:22 pm Most likely this is just not an original, organic pack. Someone could have simply removed notes they wanted and replaced them with other notes at hand, not a difficult thing to do especially if one was adding them back at the end of the pack. Could any of the early missing numbers have been interesting judging by their serial numbers? Report this Post to the Staff
mangulator New Member United States 16 Posts	Posted 11/13/2015 01:26 am Nothing special in the serial number order of the pack, no low or repeaters, nothing that would have been reason enough to pull the notes. It was a pack of 2006 "J" notes. The two stars are L00620034* and 35. There were 9,600,000 "L" Star Notes a total of 4 runs in November 2010 according to the USPaperMoney.Info web site. http://www.uspapermoney.info/serials/f2006_s.html In the group list this run was the first of 4 (640,000 notes) and has a "s" listed after "fw" in the type column were the other three runs have just an "n" There were 3,200,000 notes printed for runs 2 and 3 and 2,560,000 for the 4th and final run. I'm unable to figure out what the "s" listed in the type column represents. However the book "Collectors Guide to Modern Federal Reserve Notes Series 1963 to 2009 by Robert Azpiazu " lists them within the serial number range made in September 2007 as a run 640,000 notes with CHCU VALUE of $25.00 each. Also the serial number range these notes fall in is highlighted due to the higher value over the next group listed at $5.00 each. It appears though that the the "D*" are are the most valuable to collect due to the production of only 640,000 notes. I'm pleased with the find. I have no way to prove how the pack came to be or to how a "J" BEP pack ended up with two "L" Star notes. But just having the two stars listed at a value of $25.00 each due to the small run number is fine with me as I paid face value for them and after looking through ebay I could probably get that easily maybe a few buck's more. I have become addicted to looking at every note and coin that passes through my hands just for this reason, you never know what you might find. Report this Post to the Staff
CalzoneManiac Pillar of the Community United States 2233 Posts	Posted 11/13/2015 7:50 pm Prior to around 1983, uncirculated packs of currency would have stars of the same district replacing error notes. Since that time, there is no correlation between the FRB of a regular note and the FRB of a potential star note. This was done because it was more efficient to print stars from only a few districts than printing stars for all 12 districts. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 11/14/2015 3:56 pm Thanks Calzone, I was unaware of that. This is easily confirmed by glancing at Schwartz and Lindquist, but since I don't collect recent series, I never noticed it. Edited by Coinfrog 11/14/2015 3:58 pm Report this Post to the Staff
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