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Rare $1 Star Note. 250,000 Bill Run

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United States
17 Posts
 Posted 07/28/2022  4:04 pm Show Profile   Bookmark this topic Add michaelc232 to your friends list Get a Link to this Message Number of Subscribers
Hello everyone!

So all I know about this bill is that it's from a run of 250,000 and it is in good condition. Can anyone tell me more regarding how rare it actually is and what it might be worth?

Rare-$1-Star-Note.-250,000-Bill-Run


Rare-$1-Star-Note.-250,000-Bill-Run


Thanks!

Michael
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/28/2022  4:50 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Steve in Tampa, our resident currency expert, should have an answer for you.



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datadragon's Avatar
United States
1648 Posts
 Posted 07/28/2022  5:40 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
This is a 2017 star note printed in Fort Worth, Texas - Minneapolis (I) with a 250,000 print run. The listed value is $175.00 however that is in CH63 choice uncirculated condition, however it will still have decent value otherwise but I've never explored yet as a side note whether lesser star notes (say worth $10 in CH63 uncirculated condition) might retain what portion of that value when circulated. This is from the latest 22nd edition of Paper Money of the United States book.

You can also get some free information via this site:
https://www.mycurrencycollection.co...17/I00082417
Edited by datadragon
07/28/2022 5:47 pm
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SteveInTampa's Avatar
United States
4637 Posts
 Posted 07/28/2022  5:46 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Two or three years ago, these were selling at a considerable premium. Most modern collectors already have an example now, and prices have cooled off. Because of condition, it's probably worth about $10-$15. It's definitely not rare. Before selling my collection, I had three uncirculated examples.
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John1's Avatar
United States
56855 Posts
 Posted 07/28/2022  6:57 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Decent find and if it was my find I would put it in a Mylar sleeve and keep it.
John1
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/28/2022  8:48 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree, worth $10 bucks or so these days.
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Kopper Ken's Avatar
United States
3402 Posts
 Posted 07/29/2022  10:12 am  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Nice find...definitely sleeve it.

KK
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jbuck's Avatar
United States
187809 Posts
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datadragon's Avatar
United States
1648 Posts
 Posted 07/29/2022  11:08 am  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply
Thanks SteveinTampa and Coinfrog for your added info on current value, very interesting that there is a current over supply of them lowering the price for the moment (mainly the ungraded non uncirculated and without low serial numbers also which are still retaining the value) likely due to its recent year. This is a low print run of 250,000 relative to the others (all over 3 million) and so in the longer term generally I would think those are the ones that would become more difficult to find and pricing may rise, and perhaps picking up low serial number, uncirculated, or graded uncirculated with low serial number might be a good time to do so. On the other hand these specific bills are from a currently recent year and likely many will have been put aside in uncirculated condition, so like Steve says may not really end up as a rarity as much as usual in the past due to its low print run. I still think this is a keeper even circulated, and worthwhile to hold onto and its a good find.
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ddreisba's Avatar
United States
16 Posts
 Posted 08/01/2022  5:06 pm  Show Profile   Bookmark this reply Add ddreisba to your friends list Get a Link to this Reply
I am a real beginner in currency collection, so please excuse the question: Why is this a STAR note? Am I missing something obvious?
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ddreisba's Avatar
United States
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 Posted 08/01/2022  5:08 pm  Show Profile   Bookmark this reply Add ddreisba to your friends list Get a Link to this Reply
Okay, another look. I see a star after the serial number. Is that it? Why is this important?
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datadragon's Avatar
United States
1648 Posts
 Posted 08/01/2022  5:10 pm  Show Profile   Check datadragon's eBay Listings Bookmark this reply Add datadragon to your friends list Get a Link to this Reply

Quote:
I am a real beginner in currency collection, so please excuse the question: Why is this a STAR note? Am I missing something obvious?


The term "Star Note" commonly refers to Replacement Notes. These are notes that the Bureau of Engraving and Printing (BEP) uses to replace misprinted and damaged currency before it gets released into circulation. Modern replacement notes look exactly like normal paper money, except that there is a star printed at the end of the serial number rather than a letter. Older types of paper money like Gold Certificates, Silver Certificate, and Legal Tender notes the star was printed at the beginning of the serial number. Some have added value. https://www.mycurrencycollection.co...e/star-notes
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