2006 $1 Star Note Bundle Of 100

I suppose you could find someone willing to buy them, just an opinion that people will pay at least $2.00 each. Crisp unc's all consecutive, although there is nothing special in the serial numbers!!

Hello zee!!

Morgans dad and Drsandman2 both elude to the fact that you could make a profit over face on the stack..... This is absolutely true.... but what I was trying to say before, is that while this is true today, your time is running out.... there is very, very little difference between star notes and beanie babies.... very little difference, and here is why:

Star notes are a relatively recent phenomena in the realm of collecting.... before the early 1990s, nobody cared at all about star notes over any other notes...... Although star notes have been around since 1910, they were not collected as such, and held no value over a non star note.

All of a sudden, around 1990, give or take 5 years or so, star notes became the rage.... investors, speculators, dealers and collectors all started to hoard the things..... This is because the nation became aware that star notes were issued in numbers far less than those of regular notes.... (they just have to be worth more, because they are printed in far less numbers... right)? Well, this would be true except for the attrition factor.

As notes are circulated, they become worn, and as they become worn, they are turned back into the government by banks and new notes are printed and issued..... the average duration in circulation of a banknote is less than two years.

Take a series 2006 $1 bill for instance, the vast majority of them have been redeemed by the government and replaced by a later series... (The 2006 dollars are no longer printed, some are still in circulation, yes), but there are many, many still in the hands of collectors, dealers, speculators and investors..... and which 2006 notes are being held in mass quantities? Regular notes or star notes? Don't kid yourself, do not be naive..... the vast majority of those 2006 notes that remain are star notes (because they were hoarded when they were new, still in original packs of sequential serial numbers).

I was at the home of a guy last week who was going to impress me when he opened his vault to show me over $30,000 in one dollar notes.... what impressed him was that they were all star notes.... Needless to say, I proceeded to enlighten him on this folly.

The overwhelming majority of modern green seal Federal Reserve Notes held by individuals are star notes, and this is because they were hoarded, and never saw circulation as did the regular notes. Even though the regular notes may have been printed at ratios of 100 to 1 over star notes, the survival ratio is about the same (except that the tables have turned to 100 to 1 in favor of the star notes)..... Regular notes circulate, wear out, and are redeemed.... star notes are saved from this fate, and the majority of those printed...survive today.... This is not true of those earlier star notes printed in the 1920s or 1940s before the star note fad began.

Get the idea?

A very similar thing occurred when the government ended the redemption of silver certificates for silver dollars and silver bullion in the 1968..... An awful lot of folks made the mistake of thinking that since there was a mad rush by the rest of the nation to turn in their silver certificates for silver, the silver certificates would become rare collectors items in a relatively short time frame.... They are still waiting..... so many folks had the same idea, that today silver certificates are everywhere, and are worth little if anything over face value.... (what is the value of silver today)?

I'll tell you what, if you want to invest your money in stacks of uncirculated banknotes, do it with the banknotes without the stars.... crazy as it sounds, they will be the relatively scarce notes in another twenty years, and the star notes will be everywhere, because the stars are what is being saved today.

Star notes or regular notes, if you collect green seal Federal Reserve Notes for future profit, you are delusional... These things are printed in such astronomical numbers that the words rare and scarce will never apply..... Sure, there are exceptions like the 1981 $1 Dallas star, the 1985 $1 St Louis star, the 1988 $1 Atlanta star.... but these are exceptions to the rule.

Folks are slowly beginning to wake up to the fact that star notes are not the goldmine that they appear to be.... I say sell, make whatever profit you can now.... before the bubble bursts.

Uh oh..... I suddenly fear that I have said some things that may spark the ire of collectors of this stuff.... so let me add a short synopsis:

Collecting green seal Federal Reserve Notes can be great fun for a whole lotta folks.... People collect them by year series, districts, stars, run numbers, all sorts of ways..... I can certainly see how this can be entertaining and fun.... very worth while.... (but for fun only)..... If the intent is future profit, (forget about it).

I think your points are accurate. For collectors wishing to realize a future profit, it is very important that they understand the long term vitality of their investment.


***Sorry zeewool I dont know if you are a him or her***

My point was this cd: You may be able to turn a healthy profit on this if that is your intent, but I would put the plan into action now rather than later.

Hello Zee,

I also collect some older currency too, I have seen some of YOUR sweet bills, I too collect some star notes of interest to me, not many but more plain early 1900's bills and love the older designs.

I am all over the Numismatic collecting items lists, I look forward to your insightful, honest opinions, Be Well, Mike.....PS, Good to see you around!!

Hey Zee, I was re-reading your post. What is the deal with the 2006 notes? You said the Gov. is redeeming them. Funny thing, I went from this thread to the 2006 bill that has all 6's, just put it together that was an 06 bill. What is the deal with the Dallas, St. Lou and Atlanta? Thanks, Toe