I am trying to understand "rarity" according to the production table. it says a note with a 640 run or less is rare. so if I look at the production table and run 1 is 3,200,000 but run 2 is 640,000 does that mean bills from 3,200,001-3,840,000 are rare?
Typically, the lower print runs are more rare than than higher print runs. Many of the high print runs (3,200,000) can be obtained in packs of 100 and most of the low print runs (320,000 & 640,000) are only found in pairs in a pack of non-star notes. Rare is in the eyes of the collector. If you're collecting only by circulation finds, then finding an AU low print run star would be unusual.
would these 3 count or be close? according to the table the $10 dollar had one run 1,920,000 but the SN is low. is it still rare?
I feel like any star, keep. New or old. After they have been in circulation, then the amount will decrease over time. The total of any series printed is less than 1/2% of any series. So, just to find any of any series is a find to keep. Now, for a CU note, if found at a bank or store, out of a new strap is a find. Some of us can buy them, but to find in circulation is fun. They are a long term investment.
From my experience of searching though a minimum of a grand a day for the last four years is that common modern stars notes are just that...common. I find them everyday so to me they are viewed as a regular dollar bill. If dealers are selling the common modern stars for around $5 in Gem condition whats its value in well circulated condition? $1.50? In my opinion there a dime a dozen and if i kept everyone i'd probably have to mortgage my house to be able to afford to keep them all. For all the billions and trillions of $1's printed there are only half of 1% of them make up stars. But that half of 1% still leaves millions of any series in circulation. That's why the short runs carry the premium they do cause there's far fewer available. In my opinion a long term investment is a 401k or other type of retirement account not modern common star notes. The thing to remember is this is a hobby and not a guarantee of future profit making. I say collect the old stuff...much greater potential of future price appreciation and increase in value.
I look at it this way. Some of us collect, and some do not. Some can, afford whatever they can, while others are for having fun collecting, as the least amount of $. I am glad that some of us can find/buy the nicest things that we can afford. Collecting has it way of finding what ever we can acquire. I hope you have, as much enjoyment as we do, bonniview. We all have our interest. The ones you pass up today, could be the ones that you wish you had kept. When I started collecting currency in 1993, I wish now, that I had kept all of the "WEB" notes that I turn back.
