Nice pick up. Printed Oct, 2008 at DC. From a run of 640,000. A keeper. As to value, I don't know, but I'm sure it'll carry a premium.
It's a series 2006, Chicago district $20 Star note, with a major fold (thru the design) and ink/ATM stain at the upper margin. Keep it if you like star notes, but there's not much of a premium in that condition. Most collectors of modern-era star notes are looking for uncirculated versions of this note.
The note has not been on the market long enough to even be a collector's item. It's current value is face. Now if you hang onto it for a while, it will slowly develop a premium. The 2004 series is the most recent series to have a premium. In uncirculated condition, MS63, (2004 *) would have a retail Redbook value of $55. And yes, Redbook paper money prices are just as inflated as the Redbook coins are. Probable collector value for the 2004* would be $25-30 in MS63. Retail value quoted from the United States Paper Money Guide-2nd Edition. This serial # would not have any additional value.
I find it amusing how not a single one of you pointed out that this is an SOI test note, which could bring up the values substantially! You see up there in the upper right hand corner of the bill, the font is different for the 'D244'. It is larger than any normal $20's. Go ahead and check for yourself. Now I do know that normal SOI test notes usually don't have any premiums... But with this being a star note, I sure wouldn't spend it. I am not trying to say that your bill is worth hunndreds and hundreds of dollars... But I am trying to suggest that it most likely does have premiums. And I also like how you all are trying to figure out the series. That's an easy one. The initial 'I' prefix of the serial number stands for Series 2006, colorized. The second letter 'G' stands for Chicago FRB.
Heres more information on what I just posted: For the first letter of $5's and up it goes like this: 'A' 1996, 'B' 1999, 'C' 2001, 'D' 2003, 'E' 2004, 'F' 2003A, 'G' 2004A, 'H' 2006, non colorized (some $5's and all 2006 $100's), 'I' 2006 colorized, 'J' 2009, and finally 'K' 2006A ($100's only, and considered rare). For the second letter of the serial number it goes like this for $1's and up: 'A' Boston MA, 'B' New York NY, 'C' Philadelphia PA, 'D' Cleveland OH, 'E' Richmond VA, 'F' Atlanta GA, 'G' Chicago IL, 'H' St. Louis MO, 'I' Minniapolis MN, 'J' Kansas City MO, 'K' Dallas TX, 'L' San Francisco CA. On the SOI test notes: The government is currently overgoing some testing for $1 FRN's and $20 FRN's, since they are in high demand in the US. They are finding cheaper ways of printing them. They moved up the 32 sheet standard to keep printing quicker and cheaper. I'm not quite sure what they moved it up to...
The BEP will be going to a 50 subject sheet with the LEPE (Large Examining and Printing Equipment) machines. The LEPE machines will be capable of processing 50 subject currency sheets, as well as providing efficient multi-tasking capabilities to print serial numbers and seals in addition to cutting and packaging in a single process. You can read about it in the BEP's annual CFO Report.http://www.moneyfactory.gov/images/2010_BEP_CFO.pdf
You should have also stated what SOI stands for. It was the summer of 2008 whe the DC production facility began printing note on the Super Orlof Intaglio presses. It is said that they will process 50 subject sheets in the future. These test notes very well may become a hot item, later on down the road. Good catch. I too am just learning about all this jazz.
Nice note. This last week I got a $1.00 note series 2006 Chicago #G00000866F A1/fwA160/122, VF. It's hard to get any series below 1000 :hail:without buying one. -O)
Yup, I know what it stood for, I just didn't even think to include it in the bit of information. I sure hope the guy that got this note didn't just spend it or deposit it in the 'ol ATM. I am not too highly informed on much of this new stuff either. I just know that it is similarly related to the Web notes of the early to mid '90's and I've heard of some of those * notes sell with high, high, high premiums. I guess it all depends on weather or not the test notes fail or succeed. I sure hope they fail . Well I guess I don't necessarily hope they fail, they would just be good for my collection...
Wow! Thank you much for that info! I never had heard about that yet. I'm still stuck thinking that the SOI's are the latest in test notes. I'm going to go check out that website.
