Message:

<p>[QUOTE=&quot;Numbers, post: 321804, member: 11668&quot;]Exactly.&nbsp; By the way, you can tell from the monthly BEP production reports which print runs of star notes are used as replacement sheets vs. replacement straps.&nbsp; Just check how the total printage of the run is reported.&nbsp; For example, in <a href="http://www.bep.treas.gov/section.cfm/2/431/586" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.bep.treas.gov/section.cfm/2/431/586" rel="nofollow">this report</a>, the 2003A $2 F..* printing is listed as 10,000 sheets, not as 320,000 notes.&nbsp; So this print run was left uncut, and used as replacement sheets.</p><p><br /></p><p>No 2003A $2 stars were printed for replacement straps, which means the BEP apparently had enough 2003 $2 star straps left over to last through the entire 2003A printing.&nbsp; So if you pick up a whole $2000 bundle of brand-new 2003A $2&#039;s and find a star strap inside, they&#039;ll be 2003 I..* notes.</p><p><br /></p><p>If you look over the data, the BEP seems to use many more stars in strap form than in sheet form.&nbsp; The result is that they tend to print full runs of 3,200,000 stars when they&#039;re printing for replacement straps, but short runs of 320,000 or 640,000 stars when they&#039;re printing for replacement sheets.&nbsp; That&#039;s why the short-run stars often command such high premiums in the collector market: Not only are they scarcer to start with, but they also enter circulation disguised in straps of regular notes, rather than as full straps of stars that are easy for bank tellers to spot and sell to their favorite currency dealers.&nbsp; Lower printage + lower survival rate = crazy money on Ebay.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie6" alt=":cool:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in