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Star Note Find Rates

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Pillar of the Community
Ceylon62's Avatar
United States
1285 Posts
 Posted 03/31/2010  07:00 am Show Profile   Bookmark this topic Add Ceylon62 to your friends list Get a Link to this Message Number of Subscribers
In a stack of 1K in ones what do you folks average? Mine's about 2, with 2003 out numbering them all. Thanks

Peace
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John1's Avatar
United States
56855 Posts
 Posted 03/31/2010  07:12 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
My average is 2-4 out of 1K.
John1
Valued Member
bvalania's Avatar
United States
458 Posts
 Posted 03/31/2010  08:39 am  Show Profile   Bookmark this reply Add bvalania to your friends list Get a Link to this Reply
Last month was 1-2 in a strap, in one I had found 4(alot of older notes from 60's-80's in great shape). This past month I've hit a dry spot and have only found about 6 in 3,500(most notes from 03-06). Sometimes I felt like I was looking through the same strap twice(even though they were being deposited and withdrawn from diff banks in diff counties).
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Siuol's Avatar
United States
273 Posts
 Posted 04/01/2010  12:29 am  Show Profile   Bookmark this reply Add Siuol to your friends list Get a Link to this Reply
I would say 1 to 2 every strap with 2003a Philly, New York, and Atlanta being the most common for me.
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Ceylon62's Avatar
United States
1285 Posts
 Posted 04/01/2010  06:42 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
Bvalania
I make sure the tellers do not give me back my searched stacks and I also have started ordering from 3 diff banks. At one bank the teller ships out all incoming $1 notes but keeps the local deposits for me. I am amazed at the number of notes the banks run through on a daily basis. One bank last week had 10K in recycled fed straps and the next day they only had 500 left.

Mon to Wed seem to be the best search days for me. I think this has to do with the weekend sales / traffic trends etc.

Other than the Barr star from last night the oldest one I have is a 99. I would like to find a few earlier ones.

Pardon me, I too run into 2003A the most. I had miss typed as 2003.

Peace
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bvalania's Avatar
United States
458 Posts
 Posted 04/01/2010  09:36 am  Show Profile   Bookmark this reply Add bvalania to your friends list Get a Link to this Reply
I agree with the Mon-Wed idea. In addition to what you said it's always a good idea to find which branches your local churches use. I find alot of older bills in those branches.
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Ceylon62's Avatar
United States
1285 Posts
 Posted 04/12/2010  05:57 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
FWIW, If you look at the BEP data reports you will notice that higher denomination stars are being printed more often than $1 bill (page back there is discussion about $100 note). Also I found it interesting that prior to 95 (I think) they were printing close 100 mil $1 stars and now they are printing around 30 mil $1 stars annually. This MAY bode well for the $1 stars down the road. Time will tell.

Peace
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Ceylon62's Avatar
United States
1285 Posts
 Posted 04/15/2010  06:54 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
FWIW - This week's fed straps so far have been decent as I came across quite a few stars averaging around 6 notes per 1k (mainly 03A and 06). I was happy to find these
2 - 01
3 - 99
1 - 95
1 - 81
1 - 77

Also this week's straps have had about 8 notes so far prior to 1977 (dates below) of which 5 of them crisp and clean. Straps were dated Feb 2010. Normally I find one in 2 straps.
63, (2) 63A, 69, 69B, 74, 77, 77A

Peace
Rest in Peace
numismo's Avatar
United States
3039 Posts
 Posted 04/15/2010  10:37 am  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
I guess my earlier post about 1 * in 500 notes searched is about average. By the way, it was so tattered I kicked it back into the wild for others to find.
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Americanamafia's Avatar
United States
672 Posts
 Posted 04/15/2010  4:58 pm  Show Profile   Bookmark this reply Add Americanamafia to your friends list Get a Link to this Reply
im new to note searching, what should I be looking for besides stars, and do they have any premium?

out of 1K today I pulled 3 star notes all 03's
03- dallas
03- Richmond
03A Atlanta

and a 1965B Barr note.

Are these worth keeping/selling/trading as I collect halves, only did this b/c I was bored

Apprecieate the advice

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Ceylon62's Avatar
United States
1285 Posts
 Posted 04/17/2010  09:30 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
I would hang onto to the barr note. Although these were hoarded back in the day it's an old note. As per the stars it's your choice.
Peace
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Americanamafia's Avatar
United States
672 Posts
 Posted 04/17/2010  3:58 pm  Show Profile   Bookmark this reply Add Americanamafia to your friends list Get a Link to this Reply
is there any premium on the star notes, or are they just potential premiums?
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Ceylon62's Avatar
United States
1285 Posts
 Posted 04/18/2010  8:42 pm  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
The stars value is based on the number of notes printed per run and hopefully someone with more knowledge chimes in and answers your question.

As per me I hang onto anything that is old and or is in good condition.

Peace
New Member
United States
3 Posts
 Posted 04/24/2010  03:30 am  Show Profile   Bookmark this reply Add Cotowar to your friends list Get a Link to this Reply
How do you guys go about searching the notes? Do you just go to the bank and say "hey, can I look through your notes for ones with stars? you can have my money if I can have the star ones"

and what is a Barr note? Also, how exactly do you know where it came from? I have a lot of bills, and would like to know where they are from.
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wd1040's Avatar
United States
3098 Posts
 Posted 04/24/2010  04:03 am  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
Just got to the bank and ask for stacks of $1s. Or if you have a good relation with a bank, you might be able to ask them to look their notes for you.

The Barr note is a $1 issued during Joseph Barr's 30 or so day term as the Sec of the Treas. Because these notes were issued for only a short time and all of them were $1s which didn't have a long life expectancy, most Barr notes are rare.

... from Wikipedia... pretty much sums it up


Quote:
United States paper money always depicts the signature of the Treasury Secretary and because of Barr's short term, collectors speculated notes bearing his signature would be scarce. A common misconception is that currency bearing Barr's name is rare. In reality, 458,880,000 $1.00 notes were printed bearing his signature, but with $1.00 notes typically lasting 21 months in circulation (due to their limited lifespan)[2] it is unknown how many still exist. No other denominations were printed with his signature, however.


And a pic of a Barr note stack

Star-Note-Find-Rates
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Ceylon62's Avatar
United States
1285 Posts
 Posted 05/02/2010  08:15 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
Does anyone have a comprehensive list of the key date stars? Thanks

FWIW, I am have been hanging onto stars that are in decent condition regardless of run size. See "Fcrazo"s post under "older $20/$100 US Notes" as I too see that trend.

Wd, that's a nice stack you have there. I found a barr star a while back in beat up condition which is worth more than the unc barr. The issue with the barr's is that back in the day everyone had a heads up on the situation and loaded up. Also one sleepy little town I go to every other week and get ones from always has 2 to 3 barrs in decent condition (better than 03's which you run into) for every 2k.

Peace
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