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Star Note Value Any Help Appreciated

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Slamnbass's Avatar
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 Posted 05/23/2016  8:11 pm Show Profile   Bookmark this topic Add Slamnbass to your friends list Get a Link to this Message Number of Subscribers
I don't get into currency too much but a friend from work asked if I can find anything out on this bill so I turn to you guys-I see it had a run of 128,000...I figure it's a keeper but value? Thanks

Star-Note-Value-Any-Help-Appreciated
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CelticKnot's Avatar
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 Posted 05/23/2016  8:42 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
There are 3 2009A LB* $100 notes for sale now on ebay, at least from my quick search -- there are probably others. They're asking from $127 - $144.

A couple have sold recently for a $16 and $19 markup.

That's not much when you consider fees.
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Slamnbass's Avatar
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 Posted 05/23/2016  9:29 pm  Show Profile   Bookmark this reply Add Slamnbass to your friends list Get a Link to this Reply
Yea not at all, thanks celtic....my guess was about 140$ I told him but even that seems like a stretch...I told him to definitely keep it tho and he is-said he has no plans to sell it but was curious on value
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GoldenChest's Avatar
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 Posted 05/23/2016  9:31 pm  Show Profile   Bookmark this reply Add GoldenChest to your friends list Get a Link to this Reply
Definetly a keeper if you can afford to.
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SteveInTampa's Avatar
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 Posted 05/24/2016  06:50 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
It's hard for me to advise a collector to keep $100 star notes. It gets expensive fast.

Very, very few accumulate value. $100 star notes are under performers and most barely rise in value compared to inflation. It seems like the supply way exceeds the demand. There are exceptions, like $100 National stars, older stars like 1966 and 1966A stars, low serial numbered stars and others. I know it's tempting to keep a low run $100 star found at face value, but it's not the same as finding a $1 or $5 or even a $10. Keep a modern $100 star if you must, but make sure it's a GEM.
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cashhound's Avatar
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 Posted 05/24/2016  12:19 pm  Show Profile   Bookmark this reply Add cashhound to your friends list Get a Link to this Reply

Quote:
$100 star notes are under performers

With all due respect Steve I differ in my outlook on $100s. $1 notes are a dime a dozen as there are many of them. To find a $100 note with a fancy serial # is much harder as there are not as many in circulation. The percentage of finding a $1 collectible note is much higher. Just my Two Cents.
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BigSilver's Avatar
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 Posted 05/24/2016  12:32 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply

Quote:
$100 star notes are under performers


I see the issue with larger bills is that the premium seems to be more set than percentage. So a star $1 may be worth $2 and the $100 would be worth $101.
Before you begin to correct me on the example I gave. It is just an example to bring out a point.
The point being that your premium on the $1 would be 100% and on the $100 would be 1%. Adjust accordingly, but you will have a hard time making a profit selling anything for 1% profit. (especially on ebay)
I have seen auctions where the seller got less than face after taking off fees.
That really stinks!
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CelticKnot's Avatar
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 Posted 05/24/2016  12:40 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Yep, . The math doesn't lie.
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SteveInTampa's Avatar
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 Posted 05/24/2016  4:51 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply

Quote:
$1 notes are a dime a dozen as there are many of them. To find a $100 note with a fancy serial # is much harder as there are not as many in circulation. The percentage of finding a $1 collectible note is much higher. Just my Two Cents.


I just checked the BEP annual production numbers and in 2012 they printed a little over 2 billion $1's and a little over 3 billion $100's. ....and in 2013 the BEP printed 1.7 billion $1's and 4.4 billion $100's. Maybe you and I don't see as many $100's as we see $1's, but the BEP is certainly doing its part in pumping them out.



The average collector saving star notes found from circulation can afford to keep some $1's and $5's, but keeping $100 star notes hoping to see any return on investment is usually a trip down the rabbit hole.

Edited to add; I believe I'm being argumentative, and I apologize to @cashhound and the OP for any discouraging remarks. Maybe I should refrain from voicing my opinion on what notes are potentially valuable and what to save or collect. Sorry
Edited by SteveInTampa
05/24/2016 5:29 pm
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cashhound's Avatar
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 Posted 05/24/2016  6:32 pm  Show Profile   Bookmark this reply Add cashhound to your friends list Get a Link to this Reply

Quote:
Edited to add; I believe I'm being argumentative, and I apologize to @cashhound and the OP for any discouraging remarks. Maybe I should refrain from voicing my opinion on what notes are potentially valuable and what to save or collect. Sorry

Opinions, especially those that differ from mine are more than welcome. I like to hear all sides of a story. Please continue to voice your thoughts Steve. Sorry to the OP for hijacking this thread.
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Slamnbass's Avatar
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 Posted 05/24/2016  8:35 pm  Show Profile   Bookmark this reply Add Slamnbass to your friends list Get a Link to this Reply
No offense taken one bit I appreciate all the responses and absorb all the info thanks!
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CelticKnot's Avatar
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 Posted 05/25/2016  12:11 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
This is good conversation with valid points and opinions all around.

At the end of the day, if you're not in it for the money, collect what you like and who cares what's to be made by selling on the bay. However if the bottom line is your objective, you may want to think twice about tying up cash in $100 stars.
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westcoin's Avatar
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 Posted 05/25/2016  02:17 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Last time I sold one after all my ebay fees and Paypal fees and my cost for shipping and supplies I ended up getting $97.65 DOH - Next time I just spend it unless it's a better serial number.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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