$5 UNC star note, rare

Discussion in 'What's it Worth' started by Wandering Nomad, Aug 26, 2017.

  1. Wandering Nomad

    Wandering Nomad New Member

    RUN NO. 1
    RUN SIZE: 320,000
    TOTAL PRINTED: 3,520,000

    I'm new to this collecting thing.... it's my 1st find. Range of value?
     

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  3. oz_in_ohio

    oz_in_ohio Active Member

    My suggestion is you place it up on ebay starting just under $10 and let the market tell you what they would be willing to pay for it..... I dont know if the word rare would be correct....I would say to be more scarce than rare...After all , a star note is a replacement numbered note.
     
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  4. Wandering Nomad

    Wandering Nomad New Member

    thanks for your input!
     
  5. alurid

    alurid Well-Known Member

  6. Wandering Nomad

    Wandering Nomad New Member

    thanks for that, certainly a helpful companion resource... was hoping more along the lines of thoughts/opinions regarding possible expected value range since I'm a total nOOb and no idea where to place it on a generic value scale.

    I also have read that future runs somehow can affect the demand for a note, but I'm out of the loop on this concept as well!
     
  7. alurid

    alurid Well-Known Member

    I don't do much with Notes. I kinda figure they are alot like Error Coins, Very hard to nail down a value.[no book ] Which just ends up being whatever someone will pay.
     
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  8. Wandering Nomad

    Wandering Nomad New Member

    makes sense.... guess I'll just have to wing it.
     
  9. Chewmassa

    Chewmassa Now where could my pipe be?

    I'll chime in with the obligatory "It's worth at least $5"
     
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  10. Wandering Nomad

    Wandering Nomad New Member

    GENIUS right there....
     
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  11. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    The good thing is that it's CU (Crisp Unc). You might be able to get a few dollar premium for it on eBay, but most dealers probably won't be interested.
     
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  12. oz_in_ohio

    oz_in_ohio Active Member

    In australia it is CFU ( Crisp Flat Unc ) but in my opionion, nothing is unc as all notes at one stage or another have been handled and foresically done, fingerprints can be lifted...I only call items unc if they are in the original bu
    I dont normally do this as most people in this world are so ungrateful.....However if you want to practise on a few lower grade notes with the information i am going to give, it will make you more picky with your grading of notes....More ofren than nor, the average grade of a note is Fine to Very Fine....OIO
    Grading Banknotes.jpg
     
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  13. oz_in_ohio

    oz_in_ohio Active Member

    Where the value of the items are concerned, it is simply what a person is willing to pay for it...You see it can be retailed at 50.00 but if no one wants to pay over EG 13.50 for it, then it is only worth 13.50.... Unfortunately numismatists cannot see this and when they wish to sell their items, they only get what a dealer is willing to pay for them. The collectors dont realize that dealers have overhead to pay , wages to pay and have to make a profit....However if it is for insurance, that is when the book value comes into play...." You stated this " I also have read that future runs somehow can affect the demand for a note, but I'm out of the loop on this concept as well!..... I personally go only for mintages as if there are not enough made/ printed for all collectors in the world.... Any note under the mintage of 100,000 pieces is a winner in my eyes...I personally go for serial numbers...The best items in my eyes are Radar banknotes. EG numbered 1234554321...
     
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  14. SteveInTampa

    SteveInTampa Always Learning

    The OP's note is indeed a short run star note, and I collect short run star notes. Star note collectors in general are many, but not so many are "short run" star note collectors.

    What I've determined is that if a District has many runs of star notes and one or two of the runs are short runs and another one or two are large runs, then it diminishes the value of the short run notes.

    But, if a district has only one short run of star notes, and no other runs, then that District will probably be the Key District for the series.

    For example, the series 2009 $1 stars had a super low print run for the New York District (32,000 notes) but also had other large runs of star notes for the New York District. Later, the St.Louis District had a single, short run of star notes (320,000 notes) and ended up being the Key to the series.

    Series 2013 $1's have many short runs of star notes, but it looks as though Kansas City (J*) will probably end up being the Key for the series because it's the only run from that District......even though other Districts have lower star note print runs.

    Wish this thread was on the Paper Money area of this forum.
     
    Last edited: Aug 27, 2017
  15. oz_in_ohio

    oz_in_ohio Active Member

    Other than star notes which are noted in so many reference books, how about going for items such as pictures below..... I know i refer to specific numbers but the early Paper $10 notes in Australia started with S..... What would you think of SEX 696969?? Remember there is only 1 on them in the world and is known as a repeater number. Was in the bundle of 100 numbered SEX 696901 to SEX 696700...I personally know the person who has it. I am attachiong a picture of other ways of collecting notes that have been published in books but as there are so many, prices cannot be stated. 001.jpg
     
  16. Wandering Nomad

    Wandering Nomad New Member

    How do I go about researching this type of information for a specific district?
    Buy a book or is there a website?
     
  17. SteveInTampa

    SteveInTampa Always Learning

    I use uspapermoney.info for a lot of information, you can find it here; http://www.uspapermoney.info/

    Click on serial number tables towards the top of the page, and then find the year (series) and denomination you want to check. The star notes will be listed on the far right side of the page along with the date printed.

    PM sent.
     
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  18. oz_in_ohio

    oz_in_ohio Active Member

    Books of USA notes dont give the general price like Australian notes do.... Australian notes are more often destroyed in manufacture and that is why they are harder to obtain..... You also have to remember the average collector of these things are 60 years of age or over and they would be winding down their collections....Personally i would go to a public library if you dont want to buy the book but as it is a reference book, you have to take the note there ...The first thing you have to do is learn how to grade the note properly or else nothing in any book will be useful for you.... As i have said many times over, it does not matter what any book says, the item is only worth what a person is willing to pay for it...And as the generations go on, i can only feel the downhill of it all as kids in general are not interested.... Please donr make me say i told you so...lol
     
  19. markdirtdigger

    markdirtdigger New Member

    Can someone please tell me how to post or start a forum? I just recently received 10 united states $5.00 bills that are very crisp and just about uncirculated condition.These are 2013 series sequential bills with serial numbers,mf74222485c through mf74222494c. Are they worth more than face value?
     
  20. Chewmassa

    Chewmassa Now where could my pipe be?

    https://www.cointalk.com/forums/paper-money/
    Clickt the blue button that says "start new thread". I have directed you to the paper money forum, which is the proper section for your topic. For future posts you'll nedd to go to forums and then click the appropriate section. And I doubt your bills are worth any premium as they are relatively new and have unremarkable serial numbers.
     
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  21. markdirtdigger

    markdirtdigger New Member

    Thank you
     
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