OK folks, I pulled a few star notes out today or shall we say most of them. I've included a few not so good pictures. At least 95% of these were pulled from circulation. Have a look. http://i182.photobucket.com/albums/x275/clembo1872/starnotes2.jpg http://i182.photobucket.com/albums/x275/clembo1872/stars1.jpg http://i182.photobucket.com/albums/x275/clembo1872/stars3.jpg http://i182.photobucket.com/albums/x275/clembo1872/stars4.jpg Many of the holders pictured have multiple notes in them. Yes, even the larger denominations. I managed to complete a few year sets this way and it took a lot of searching. The 1996 $20 and $50 star notes are complete. Even at face value it cost me a few bucks. I'm also kind of making a point here folks. I know a lot of you love your star notes but you really must consider NOT keeping every one you find. I pulled the majority of these when I ran a truck stop and handled a lot of cash. What you probably DON'T realize is that this is MAYBE 10% of what I saw. Imagine this set 10 times larger and what face value would be. Stars are nice. Knowing which to pull and which to spend takes practice but it behooves most people to do so in the long run. Get some books and do some reading. Also realize that even if it's scarce finding the right buyer is a key if you ever want to sell them. I could take these to work tomorrow and my boss MIGHT offer me 3% over face value. Why? - because we don't have people beating down the doors in search of them. Enjoy the look and I hope some may have learned something. Choose your stars wisely.
you got a point clembo .. you cant keep every star when you search through $20,000 a day in notes. but you gotta remember, most of us might see less then $100 in cash a day. the chances of seeing 1 star a week is still a small chance. So if i come across 1 star a week, regardless of denomination, its not as serious a blow to the budget then it is finding $200 in stars, every night of the week. I dont think i have ever let a star not go .. and i doubt i have enough of them to pay for a small vacation! i might have a few hundred dollars worth, mostly 1's. And i buy $20,000 a year in bundles to search through. So when you think of the average person, who might use strictly cash for all their transactions, and would have the greatest chance of happening across a star note, even then i seriously doubt they would find more then 1 or 2 a week. in the end, for people like that who might save every star note they find, it just doesnt amount to much. with that said.. i REALLY like your star note collection :thumb:
Glad you like them Daggarjon and believe I did consider both ends of the spectrum. Remember I started collecting paper well after I was in retail and I decided to learn about it. Star notes was one of the first things and everyone at work was looking for me. Got my first (a five) and I was all Whoooo.... Then I started seeing up to and over $100 worth on any day frequently and it was ....ooooh. My real point is to learn what is worth keeping and what's not. A rag that had 6.4 million printed is actually less scarce than many NON stars. What could that dollar do? Buy some food or even better be put toward a nice note or coin. I consider myself lucky to have seen so many that I was able to realize that spending them can be more fruitful. I still see them and usually spend them once I'm sure. People bring in small hoards and I tell them to spend the vast majority of those. I'm certainly not here to knock anyone. I'm telling it like it is. Learn more and you'll find more. Don't hoard just to hoard.
Clembo, you probably went through more cash than I did when I worked at the bakery, but I had this was my "rule": If the note was above 1$, I would look at it's condition. If it was too worn, I wouldn't even bother. If it wasnt "that bad" - I would switch it out and look it up. If it had a run of over 1 million, it went back in change. So to this day, I only have 1 dollar star notes because of that. Even some 1's I tossed back in because they were too worn. I don't know if you had similar conditions for choosing your star notes, but I know what you mean; you can't keep all of them.
I've saved every star note I come across but of course I don't have my hands on alot of cash regularly so it's probably under $70-$80 for 15 years worth of collecting. I have a bunch of circulated $1's. I have one older design $20. A pair of sequential serial # $5, 1988-A series notes in CU. I've kept them since I was 10 years old! Amazing I didn't spend it! Luckily I got currency holders at the coin shop shortly after I got them all those years ago. One time I did get an older design $100 star note, probably a 1985 series note, that took alot of back and forth contemplating on weither I should spend it or not! But at the time that was a ton of money!
I have found 3 star notes in circulation, and I've spent every one, just bent up, torn up, ones from 2006, and not worth keeping IMO I would like to know more about paper money though, and what to be on the lookout for, star note wise, IMO a star note from 2006 that is a $1 bill and is all beat up, isn't that special, but you know what they say, one man's junk is another man's treasure. Thanks for sharing clembo
One man's is anothers and that's good to live by Tmoney. Paper money is an entirely different animal and, just like coins, reading is the key. I have two rather beat up 1995 $1 notes. Each has a font error on the back. There are three known of this particular combination and I have two. I paid $1 each for them. Kinda makes you think doesn't it?
OWE!!! My brain hurts, Clembo, why did you make me think! LOL! I'd like to learn more about paper money, and I don't have a clue where to start, a couple days ago I finally learned what a radar was, and I'm not entirely sure I know what a star note is either... I think I'll hang around the paper money forum here a little more
TM ... take a look here for a little explanation ... and look at this Silver cert star or this FRN star each note shows a different location for the star. both are replacement notes. hope this helps a little.
Jon, makes a little more sense, I knew they were replacement notes, but I have one question Do they print off these replacement notes, before they have anything to replace? Does each and every note have a star counterpart to it?
Yes, they are printed ahead of time and no, each note doesn't have a star counterpart. For example, if the first note to be replaced in a run was serial number G00147389A, it could be replaced with star note *00000001A
to take a damaged note with a serial 56728192 and replace it with the same serial would take way to much time... so they take the damage note and replace it with a star of any number that is as dursin said pre-printed... basically whatever number is at the top of the pile
