I know some collectors like these kind of bills so I'm sharing with you. Got it as payment this morning for a job I did. $20.00 B-Note 1969 - Star Note
I think I can. I made this $100 pinky ring last November because I was bored! And I still wear it.. This $20 will go into my safe.
It's a keeper in the sense that one day it can be worth more. Currently a New York star note like yours is worth about $30-$35. That would be at full book value in VF condition. If you have other savings that are speculative, this would fit right in among them.
I'm not a collector, but I couldn't help but notice when I received this old bill. I tried to research it some but I don't quite understand all the lingo. I did note that the star designation can be significant if the condition of the bill is good. Anyway, I scanned the bill to post here to see if I can get some help in finding out if the value is more than just $20.
Nice. It's a B note like mine. It depends on how much a collector is willing to pay for it. Star notes I believe are considered replacement notes. @SteveInTampa maybe can give a better explanation and value. Steve if you don't mind. Thanks.
For the purpose of carrying out these day-to-day operations of the Federal Reserve System, the nation has been divided into twelve Federal Reserve Districts, with Banks in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco. B means New York. If you look inside that black circle it will list the city the bill came from. Usually the Minneapolis and San Franciscos can be worth more, if they produced less. It's not really a "B" note. It is a 1969. There are also 1969a 1969b 1969c and 1969d notes. I think whenever they change the design (new treasury sec'y or Treasurer of the US) they add a letter. And then I think if there is a major design change, they change the year. Steve in Tampa prob knows.
The key star notes for series 1969 $20 Stars are St.Louis (H*) and Minneapolis (I*) with 640,000 of each printed. New York stars had over 5 million printed. Recently, a 1969 $20 New York Star in a 64PPQ PCGS holder sold for $74 at Heritage Auctions. This figure includes a 18% buyers fee. If you collect strictly from circulation, it's a keeper. If you collect for a registry set then it's not worth the certification fees. I've said this before, if you like it and can afford to keep it, then keep it. Personally and respectfully, the note lacks eye appeal and is heavily soiled and folded. I would not keep it but offer it to a another collector for face value and a SASE.
While I completely agree that it's not worth having this note certified, I think it's a bit harsh to say it's worth nothing over face value. As someone who collects star notes from this era, I'd definitely pay a premium for it (though obviously a lot less than the value of an uncirculated note). If you're really in the habit of giving away notes like this one for face+SASE, please add me to your mailing list!
It was not intention to imply the note had no value above face value.....I was simply saying that if I found this note in the wild it would not interest me to keep it, and granted the meager profit involved in selling it at a fair price, I would and have just passed it along to a fellow collector. I'll put you into rotation on my SASE list bud.
Not sure what SASE means, but if I wanted to sell it, where would I go to do so? I'm not a collector, so really, if someone pays me more than the face value for it, I consider that a win. LOL
