Got this in change while out in Calif. Any value other than $20? It's somewhat circulated and it's not the best pic. Thanks.
that lucky star has been extinguished... put out, ruined, worn slap out, ragged, tred upon and sat on just a wee to many times... Have fun spending that un....
It is from a scarcer print run of only 640k.... I'd keep it, myself. http://www.mycurrencycollection.com/reference/stars/lookup
I've seen people pay more for far less valuable things. It's not a common star by any means. I say keep it.
Gentlemen.. as your careers develop in currency you will come to realize that modern notes regardless of printing numbers are most widely sought out in Gem condition. The folds, hard paper creases, soiling make it undesirable to finer collector's. As many of you know I did assemble some of the finest graded modern notes I could and I am sorry to say that the sale price of these due to my health issues at auction was less than stellar! Be what it may, the intrinsic valve to a collector to fill a need is often far greater than another is willing to pay for a type of note..especially one that is heavily worn. Just a heads up!
Not everyone collects like RickieB... in the best condition they can afford. Each collector has his/her own preference. Many people build low-ball sets. And they have fun doing it, because they can often compile a set for the cost of just one high grade note. Although many collectors of modern FRNs will hold out for AU/CU notes, there are buyers for this note out there. You just might have to be a little patient to make your $5. If I owned this note, I would only spend it out of extreme necessity. Rick makes a valid point about condition. It is a major factor when it comes to value, but it's not the only factor. People aren't paying big bucks for a $2009 $1 in 69 PPQ, because they're widely available. Three things determine value: Scarcity, Condition and Collector Demand. The OP's note doesn't have condition or demand going for it, but it's not common either. It's got that going for it.
To echo @funkee I must add that the immediate salability may not be the reason for saving a note like this. I thought we were collectors, here. Not everyone is out to flip things for a fast buck. In fact, I get a personal satisfaction at pulling these types of finds from circulation for face with the knowledge that one day when survival rates have been established and people are paying premiums for them I will have invested very little for mine compared to them.
I think this is a fair statement as each collector does have their own perspective of what their collections should contain....that being said, the validity of keeping that note may warrant a second look from the OP. Please understand my statement was from my collecting perspective and my intention was not to turn the notes over for quick cash. As hard as it was to sell...I felt a part of me dissolve when I had to do this. What a sinking feeling that was, however, I had no choice. As far as value goes, one would have to ask themselves if they would be willing to hold, post, sell, ship and pay fees to do for such a note. If it were to remain in their personal collection then by all means do so..that is what collecting is all about. The most valuable lesson I learned was that collecting was an Educational venture that brought about stimulating conversation, new friends with similar interests and the joy of holding a part of Americana that has been lost over time. So no matter your preference, no matter your budget, if it appeals to you then all possibilities exist to expand, learn and collect. Kind regards,
I think those who collect low grade sets can do so with out buying the notes. They simply can find them in circulation and the only cost is the face value itself. They may have to buy one or so just to complete the collection but they will not pay much for it if that happens. Does the OP want to tie up his cash hoping he can find that buyer when the time comes? Now, if he is young enough and willing to hold it for many years, his position improves. Hopefully his finances will as well, so he may choose to upgrade and not save this note anyway. But I think he can still do better quality wise, on this piece, just by looking at more circulating currency again. For silentnviolent, he brands himself as an accumulator, so he would retain it, regardless.
I understand and can agree with both perspectives on the issue. With a 640K run, I'd keep it. You can always spend it if you have a tough month, without feeling awful about it. Such is the case with my very, very circulated '34 $100s and $50s. Provides a nice little safety net.
