Hi everyone. New to this site here. I've been looking for anyone that has any idea what to do with a star note collection... our collection is upwards of $5300 in all denominations. Is it valuable as a collection or would I need to go through each bill to see what people may want? Any advice is greatly appreciated. Thank you!
Welcome to CT @Brian Barcic Is $5,300 face value? Are they from circulation? Let us know something about your Top 10 notes.
Photos of old, rare star notes. Or star note special serial numbers is great eye candy in here. Let's see some stuff. Do you have a $500 bill star note?
low run sizes can bring a premium. 35,000...128,000 etc. look them up here. http://www.mycurrencycollection.com/reference/star-notes/lookup
If you have time splitting the collection up is your best bet, some notes will command much greater premiums than others
Sorry for the long delay everyone. Work has been crazy and I had to go get the collection out of the bank. Here are a couple pics...
alright, you have a few grade worthy replacement or start notes to submit for denominations $5 & over. I like the $10 CG-Star. Can't really find any of those series 2001 star notes anywhere. They go for up to 75 dollars and they are, more or less, only 16 years old. That is because there were so few printed only 640,000. CB* from the same year was only 320,000 notes. Minneapolis (CI) , *its the second letter here in higher than $2 denominations that ID the Fed. Res. bank branch. Letters are from A (Boston) to L (San Francisco). So even stars in the low quality category may be worth something. Rare notes should be sold separately. It's up to you to grade or not to grade. The key is to know how rare the notes are. Luckily this info is not too hard to find. They post monthly production tables and series info & are easy to access http://www.uspapermoney.info/serials/ Or if you prefer there are books... ie. "Small Size U.S. Paper Money" Krause Publications, that gives actual values for these notes. Secondly some collectors want unique birthday serial numbers.... or Front and Back plates to match. I personally love to buy notes where the front plate number is the same as the back plate number. This is one of my most important factors in deciding whether or not to keep or trade a note. So I hope I gave you some advice on how us collectors think. Always show back of the note in pics.
Yeah condition.... forgot to mention that.... rarity is key... but condition is paramount. An uncirculated 2009H* is worth $250 but if all crumpled and folded it may only get $35. I sold one for 35
May I suggest: 1. Buy a Friedberg catalog and inventory the collection by the Fr. numbers 2. Subscribe to BankNote Reporter and familiarize yourself with the monthly values listings. 3. Buy a copy of Box Azpiazu's book at his website http://www.fstctycurr.com/ 3. Talk with paper collectors in your local club (if you have one) 4. keep visiting here; we're really very friendly
That book in number 3, never seen it before, any good? How does it compare with the other Standards in the business? See that Freidberg wrote the Foreward.
I agree with @techwriter , and will add that Robert's book is very detailed but only covers moderns FRN's from 1963 to series 2009.
Thanks guys, about to order a copy quickly, so that it gets here before the central states convention!