| Author |
Replies: 17 / Views: 9,900 |
|
Pillar of the Community
United States
6326 Posts |
I received a $100.00 while cashing in halves on Friday. Showed it in amazment to my girlfriend. I don't really know much about paper money, But I do recognize the star notes and always wanted to find one. But I can't afford to "keep" a $100.00 bill !! So, sadly, the next day I spent it to buy some more halves which that money will be turned back in too to my bank so that I can pay some bills ! I"m just wondering if I should have went to great lengths to save it or not. It was in extrememly good condition and just had one fold mark on a corner. 
|
|
|
|
Pillar of the Community
United States
533 Posts |
I certainly understand your dilemma. I would be hard pressed to keep $100.00 just to keep it. I did a few searches and it doesn't appear that they are worth much over their face value at this point. I probably would have spent it as well. However, I keep the lower denominations just to have. I know they may never be worth much more than face but I hold onto them anyway.
|
|
Valued Member
United States
240 Posts |
I had the same situation with a $20 dollar bill, I kept it tho, it is a series 2004A 20 dollar starnote, does anyone know if the value would increase much, because it is a starnote?
|
|
New Member
42 Posts |
Usually high denomination circulated stars do not command any premium over face
|
|
Valued Member
United States
140 Posts |
Well, tell you this...I got a 2003 $100 star that was a low number....00012021. I posted pics of it in another thread a while back here...Took the note to a show in a folder that had some confederate notes in it. I was showing a dealer my confederate notes and he saw the star note. He did a little research and told me that the note was from NY and was part of the first run where only 320,000 were printed. Now my note is probably F-VF condition, in UC condition it is a $250 note, in my grade it was $150.
|
|
Pillar of the Community
 United States
6326 Posts |
$20.00 bills and under.......I'm going to be saving them ! I, of course, look for them like a hawk now ! But, I would have a very tough time saving a circulated $100.00 bill even in good condition. IF that happens again, I will check it out better now though and if it's financially feasible and would grow into a decent profit in 30 years......... Well......you gotta look at that deal ! hmmmmmmm......... I gotta learn more about paper money !!
|
|
Valued Member
United States
259 Posts |
What exactly is a Star note?
Curious John
|
|
Pillar of the Community
United States
2254 Posts |
Star notes are replacement notes for a note with that serial number. I don't know all of the details as to what can actually happen to the notes, but my guess is that one is damaged during printing, and since they print "x" number of notes for circulation, that exact amount is what needs to be issued. So rather than reprint a note with the same number, they reprint it with a star. My book has much more info than this, but I am not at home right now to reference it. Someone will be along to explain better, and if not, I will when I get home. I'm relatively new to notes as well, and the books are definitely needed in these stages of infancy for me. Having said that, Eaglefoot, this is what I suggest. I too am in the same boat in that I certainly would not hang onto a $100 just because of a star. BUT, if I can list on ebay starting at face value and make even $10 on it, it's worth it to me. As long as my costs are covered, I would seriously consider listing something like this. My only question would be if it's worth the time and effort to list and ship for 10 or 15 dollars.....I don't have time right now, but I wonder what some of the completed listings on ebay are going for?
|
|
Valued Member
United States
140 Posts |
Like Penn St said, they are replacement notes for notes that get damaged during the minting process. A note gets damaged, they cut it out of the sheet and replace it with a "star" note. But what I am not sure of is the serial number. The star serial has nothing to do with the serial number of the note it replaced. They print a designated number of star notes, use what is needed during the replacement process and then put the remaining into circulation as well...you can even luck upon consecutive star notes in bank bundles or even a complete bundle of nothing but star notes.
|
|
Valued Member
United States
240 Posts |
I have two 2003 star notes, they are both $1 the numbers are in sequence, 48 and 50, unfortunately I didn't find the 49 to fill it in, does anyone know if those are worth more, since they are in sequence?
|
|
Valued Member
United States
101 Posts |
Diillon, Consecutive numbers would be but gap numbers would be reduced, then we go to grade. I can't give exact numbers because it's always what someone is willing to pay. Great find as far as I concerned.
|
|
Valued Member
United States
101 Posts |
i got two consecutive star notes in change from a self checkout the other day at the store, they are 1 dollar bills. both are in uncirculated, looks like they where put straight in the machine from a brick. my first star note find. mad me extremely happy. my wife just laughed and called me a dork tho, she doesn't understand the fun collecting. any ideas?
|
|
Pillar of the Community
United States
1713 Posts |
quote: What exactly is a Star note?
These are a couple of mine. 
|
|
Valued Member
United States
80 Posts |
I have Have two hundred dollars in order of 2 dollar stars but don't know the worth I do know that they will always be worth $200.00.
|
|
Pillar of the Community
United States
2254 Posts |
slugr, What serires are they? Do you have any pictures?
|
|
Valued Member
United States
392 Posts |
I had the same problem when I found a 1969 $100 star note but I did everything I could to keep it it was quite a hit to my bank account, but I think it will be worth it(I hope)
|
| |
Replies: 17 / Views: 9,900 |