A friend of mine has a stack of $10 2004A L star notes he got from a bank. They are unc. The Paper Money Values magazine and the Small Size US Paper Money book says they are worth 50 dollars each. When I talked to a local dealer they were saying 1 to 2 dollars over face. So who's right?
Which run are they from? There are some vast differences in run size in that block.... Run 1: 128,000 notes (00000001-00128000) Run 2: 512,000 notes (03200001-03712000) Run 3: 3,200,000 notes (06400001-09600000) Run 4: 1,920,000 notes (09600001-11520000) If your notes are from run 3 or 4, the slightly-over-face estimate is probably about right. If they're from run 1, the value should be much higher. It's worth noting that the large runs 3 and 4 were printed more than a year later than the smaller runs 1 and 2. So if your book was published before the big runs were printed, that might explain why it lists a high value for the block as a whole....
The values are from current sources but the notes are from the fourth run, so i can understand the lower value. Since the star notes are not seen often does the mint have these stashed somewhere or have they all be sent out to the various banks?
Let's see here.... The last two runs of GL..* $10's were printed at the very end of the Series 2004A production. And the Series 2006 $10's have had *extremely* small quantities of stars printed, so it looks like the BEP's been using the leftover 2004A stars all through the 2006 production--they might even have some of the 2004A stars still in the vaults. Combine that with the fact that the Fed is known to be sitting on a stockpile of $10's (they've been doing that with several denominations in order to allow the BEP to concentrate on Kodachrome $100's this year), and it's possible that a significant fraction of the GL..* $10 production hasn't reached circulation yet.
