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<p>[QUOTE="SteveInTampa, post: 1231323, member: 27107"]I also keep <b>most</b> star notes found in circulation, but sometimes the print run numbers can be deceiving. Take the 2004A $10 star notes for example. Everyone salivates over the GF* (Atlanta) star because of the low print run, 9,600, but I believe the 1st run San Francisco star, GL*, may end up being the key star note, even with 128,000 being printed. All of the GF*'s went directly into collectors hands, and the GL*'s (run 1) were distributed 2 at a time, in 100 pack sleeves into general circulation, making them much harder to find in uncirculated condition. The following is a short opinion from a respected dealer and author of a small-size currency guide that I found interesting;</p><p><br /></p><p><br /></p><p>"In short I don't have much respect for the "Run" game and I'm against having numerous runs in the book, ESPECIALLY for modern stars that are saved in ever greater quantities. If I was offering on them I would pay face value. I would caution against purchasing anything as a "short" run. Sure only 96,000 were printed ON THIS RUN but one or two packs will satisfy the collector demand for decades. Not only that but a month later they printed a million more in other runs. What makes this run4 worth more? Nothing in my mind. </p><p><br /></p><p> Invariably my co-author puts these runs in the book at a high value and the next edition I drop them by 30% to 75% or more. Some will differ and there are about 12 people in the US that collect $100s by *run. think of it this way, every single issue of us currency, throughout history, had numerous runs on every single block. Why don't you see anyone collecting that way? Because it is a fools errand. In my opinion this "run" game is another way to artificially expand the number of notes to collect in any given series and is artificial rarity creation at its worth. It has been my experience in the last 20 years that 75% of these low issue runs turn up in higher quantity than notes of much higher printing numbers that didn't receive the hoarding attention because they were too common."</p><p><br /></p><p> </p><p><br /></p><p> </p><p>I somewhat agree, and notice in some price guides, that print run numbers just started appearing in the mid-90's. Something to think about if you collect modern era small-size notes.[/QUOTE]</p><p><br /></p>
[QUOTE="SteveInTampa, post: 1231323, member: 27107"]I also keep [B]most[/B] star notes found in circulation, but sometimes the print run numbers can be deceiving. Take the 2004A $10 star notes for example. Everyone salivates over the GF* (Atlanta) star because of the low print run, 9,600, but I believe the 1st run San Francisco star, GL*, may end up being the key star note, even with 128,000 being printed. All of the GF*'s went directly into collectors hands, and the GL*'s (run 1) were distributed 2 at a time, in 100 pack sleeves into general circulation, making them much harder to find in uncirculated condition. The following is a short opinion from a respected dealer and author of a small-size currency guide that I found interesting; "In short I don't have much respect for the "Run" game and I'm against having numerous runs in the book, ESPECIALLY for modern stars that are saved in ever greater quantities. If I was offering on them I would pay face value. I would caution against purchasing anything as a "short" run. Sure only 96,000 were printed ON THIS RUN but one or two packs will satisfy the collector demand for decades. Not only that but a month later they printed a million more in other runs. What makes this run4 worth more? Nothing in my mind. Invariably my co-author puts these runs in the book at a high value and the next edition I drop them by 30% to 75% or more. Some will differ and there are about 12 people in the US that collect $100s by *run. think of it this way, every single issue of us currency, throughout history, had numerous runs on every single block. Why don't you see anyone collecting that way? Because it is a fools errand. In my opinion this "run" game is another way to artificially expand the number of notes to collect in any given series and is artificial rarity creation at its worth. It has been my experience in the last 20 years that 75% of these low issue runs turn up in higher quantity than notes of much higher printing numbers that didn't receive the hoarding attention because they were too common." I somewhat agree, and notice in some price guides, that print run numbers just started appearing in the mid-90's. Something to think about if you collect modern era small-size notes.[/QUOTE]
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