A Fancy Serial Number Challenge

gatzdon · 01-16-2008, 04:33 PM

OK, picked up a brick of $2 bills today, brand spanking new.

I plan to search the entire brick for errors and whatnot, but my question is

What fancy numbers would exist in the following run of serial numbers?

G02875001A to G02876000A

I personally can't think of any, but then again, I'm not really into fancy serial numbers and there may be possibilities that I'm not even considering.

Would G02875782A carry any premium??

Daggarjon · 01-16-2008, 05:31 PM

the 7 disgit repeater might to the right person - especially being in CHCU condition! i am sure it would sell on Ebay

as for the rest of the notes... i cant think of anything that would be special

gatzdon · 01-16-2008, 05:37 PM

Quote:

Originally Posted by Daggarjon

the 7 disgit repeater .........(

You mean 7 digit RADAR??

Daggarjon · 01-16-2008, 05:39 PM

yeah

you know, that 7 digit backward repeater?

my heads going in to many different directions lol time to go home i think!!!

gatzdon · 01-16-2008, 06:21 PM

You can guarantee I'll report back if I find any error notes, but I'll also make a point of reporting back any star notes I find too. I'm still not sure how they get introduced into circulation.

gatzdon · 01-17-2008, 12:18 AM

OK, don't know if this worth a new thread or not, but this is the first time I have ever found stars in straps of brand new notes.

The last two notes in the pack

G02875999A
G02876000A

were not present and there were

F00149620*
F00149621*

So, looks like the BEP does substitute stars directly into the straps.

Series 2003A $2 has only had 320,000 star notes printed so far.

I've only gone through 300 notes so far in detail for errors, but I did flip through the rest, so there probably aren't any major errors in this brick. I'm still happy though with the star notes.

Daggarjon · 01-17-2008, 08:22 AM

nice find on those stars! consecutive too! were they in the same spot in the bundle next to each other? it would be really cool if they were even in different spots lol

i am thinking numbers was right about the porcess where he said during the porcess they would pull out a whole sheet of defectives and replace it with a sheet of stars. Looks like here they had to pull out 2 sheets.

gatzdon · 01-17-2008, 09:18 AM

Quote:

Originally Posted by Daggarjon

nice find on those stars! consecutive too! were they in the same spot in the bundle next to each other? it would be really cool if they were even in different spots lol

i am thinking numbers was right about the porcess where he said during the porcess they would pull out a whole sheet of defectives and replace it with a sheet of stars. Looks like here they had to pull out 2 sheets.

As noted, they replaced the very last two notes in the brick.

Now for the next question,

since star note runs for a give series can start as much as 6 months after the first run of the series, does the BEP use star notes from a previous series to substitute notes?

gatzdon · 01-17-2008, 09:20 AM

Also, is the sheet replacement automated, or is it done by hand?

Daggarjon · 01-17-2008, 09:25 AM

i thought by his explanation, that they would do it as soon as they noticed the error, either after the serial printing, or after the cutting.

This Thread is where he posted about it. Check out hislast post.

I thought these star notes were placed after the serial number printing, so that was how these 2 notes got to be in the middle of a pack like this. I could be mistaken in his explanation too, so....

gatzdon · 01-17-2008, 11:05 AM

Quote:

Originally Posted by Daggarjon

..... This Thread is where he posted about it. Check out hislast post.......

I missed that post, thanks.

Numbers · 01-18-2008, 04:02 PM

Quote:

Originally Posted by Daggarjon

i am thinking numbers was right about the porcess where he said during the porcess they would pull out a whole sheet of defectives and replace it with a sheet of stars. Looks like here they had to pull out 2 sheets.

Exactly. By the way, you can tell from the monthly BEP production reports which print runs of star notes are used as replacement sheets vs. replacement straps. Just check how the total printage of the run is reported. For example, in this report, the 2003A $2 F..* printing is listed as 10,000 sheets, not as 320,000 notes. So this print run was left uncut, and used as replacement sheets.

No 2003A $2 stars were printed for replacement straps, which means the BEP apparently had enough 2003 $2 star straps left over to last through the entire 2003A printing. So if you pick up a whole $2000 bundle of brand-new 2003A $2's and find a star strap inside, they'll be 2003 I..* notes.

If you look over the data, the BEP seems to use many more stars in strap form than in sheet form. The result is that they tend to print full runs of 3,200,000 stars when they're printing for replacement straps, but short runs of 320,000 or 640,000 stars when they're printing for replacement sheets. That's why the short-run stars often command such high premiums in the collector market: Not only are they scarcer to start with, but they also enter circulation disguised in straps of regular notes, rather than as full straps of stars that are easy for bank tellers to spot and sell to their favorite currency dealers. Lower printage + lower survival rate = crazy money on Ebay.

gatzdon · 01-18-2008, 05:59 PM

Numbers,

You are an awesome resource on this site.

Just wanted to say thanks.

clembo · 01-18-2008, 09:07 PM

Quote:

Originally Posted by gatzdon

Numbers,

You are an awesome resource on this site.

Just wanted to say thanks.

I agree with Gatzdon big time. I love my currency but honestly hate reading the technical unless it's put in a way that's easy to understand.

You have accomplished that!

This also explains why I happened upon 3 1999 F-* $1 notes buried in a pack years ago.

clembo

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