Today, my friend got this dollar bill in his change, and I saw that the serial number was F04044040D. I bought it off of him for $5. Sadly, I cannot post pictures in the meantime, because my camera broke Anyway, it's not uncirculated quality, it has a few small creases in it, and the corner is bent, but it is still crisp and feels very new. It is series 2006. I know that it is not a "true radar", but I still find it neat. What I want to know is if purchasing it for $5 was a worthy investment, and how much I should expect from a collector, or if I should just keep it becuase i think it's "neat"? Thanks in advance!
It is a "true" radar. It's the same forwards as backwards. I wouldn't count the letters as part of the number. Nice buy! I would have paid $5 for it.
Not only is it a radar, but it's a binary note as it only has '0's and '4's. To give you a price comparison, I just bought an uncirculated radar 2006 series for the same price, but it was not a binary like yours.
Nice pickup! I love finding radars in circulation. Not a bad price for yours. I think the last add i saw was around $15 in unc in a trade mag.
Here's some information compiled by a member on the CU forum about the number of radar numbers in a production of 96 million notes. (the link is at the bottom): 1. Using the current production maximum of 96 million notes. (Ser: 96000000) 2. Excluded solid run notes as those technically are radar, but they are premium due to being solids first. 3. 9,591 total radar notes are to be had per block from 00011000 ... 95999959. 4. This works out to 9,591 out of 96,000,000 or about .001% or 1 in 100,000 notes. 5. This group still includes all the binary notes as well since many of those are radars. http://forums.collectors.com/messageview.cfm?catid=23&threadid=481506&highlight_key=y&keyword1=radar
There is a member on this forum, Numbers, who is a mathimatical genius He has posted the odds in previous posts, but i cannot find it now. I believe he said that in a radar, the 1st 4 numbers must equal the last 4 numbers, so a radar is produced every 10000 or so notes. Please correct me if i am wrong Numbers Or at the very least, point us to the post if you happen to remember it.
There is a basic math problem which is where the confusion comes from. 9591 out of 96,000,000 = .000099 which as a percent is .0099 which rounds to 0.01%, not the .001%. Another way to think about it is to divide 96,000,000 by 9591 which gives the answer of 10,009 or about 1 in every 10,000. Daggarjon has it correct for a non-mathematical thought process.
I remember that too, and that's what I was looking for. The closest was the CU link but as pointed out by beef1020 there was a mistake in the calculation. I think this is the one here: http://www.cointalk.com/t51284/
Very nice radar note. I've been searching notes for quite some time and have only found one radar note.
Never found a radar or a ladder note, but then again haven't really looked for them. Interesting serial number though and I had no idea about those odds! Man, and I thought star notes were rare! nice find!
Thanks everyone! When I first saw it, I thought that it couldn't have been really a radar bill, like I was expecting the last number to be a "7" or something. Well, now it's resting comfortably in my bill album
