My First Star Note

So on Thursday I received my first star note. My Mom was giving me money for a overnight trip with the track team to the state meet, for expenses. So she hands me two twenties and i look at both of the serials. I'm just . I cannot believe my eyes one of them was a star note. So i kept it. I explained to my mom why i could not spend it. Though frustrated the next day she gives me about ten more. She kept saying, i understand but still 20 is a lot of money. It is the new full head 2004-A note with serial GE 01565833*
I will post a pic later

 

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congrats

 

awesome!!!!!

 

Congrats on your star note
Many more to come...

 

mom is right $20 is alot of money.

But we cant sacrafice our morals for a $20 can we... of course not lol we HAVE to keep it. it woudl go against our relig.. i mean hobby

congrats on the star! but did i hear you right... your mom gave you 10 more $20 stars?

 

no she gave me 10 more dollars after i kept, i think she realized what it meant to me, mom's can do that and are so knowledgeable

 

I still don't get this star notes, like how much appeal do they have...how much is the 20 worth?

 

this one probably $21 but a star means there was an error in printing but to keep the same serials they reprint it with a star at the end, so there are fewer stars, its also the first i've seen since i learned what a star note was before i would look at the note but not as much as now

 

Star note are replacement notes. They are printed to replace notes that were not released due to damage. As a result, they tend to be printed in a lower number and thus have more collector desirability. Some star print runs are very limited. Here is an example, I have a series 2003 Philadelphia (C) $5 Federal Reserve Star note. Now, the printing for 2003 Philly $5 notes was 70,400,000 notes. However, they only printed 640,000 star notes.

So, compare this to a coin. Would you rather have an example where they minted 70+million or 640,000? That is like the difference between a 1909 and a 1909-S VDB Lincoln Cent.

Here is that note. It's CHCU (Choice Crisp Uncirculated) and I found it in circulation.

​

 

as a point for a perspective... star notes 'usually' represent only 1/2% of all notes printed for a series. That number can vary some, but as a rolling average, i think 1/2% is a safe number to use.

 

Wren you have a wonderful Mum :high5: and you should realy give her a big :hug: and a Kiss
For those who do not collect paper they I am sorry to say do not realy understand the joy in finding a replacement note LOL (But we are working on them LOL)

 

we are all ambossadors to those who dont yet know

 

With a run of 3.2Mill I wouldn't keep it, since it's $20.

If it was a $1, sure, but not a twenty.

 

Depending on it's condition....I would keep it if it is clean and crisp!
No folds or corner bends!


Give her kiss and some education..she could always come across another for you!


RickieB

 

ok so today i need money to buy a picture frame and so my mom hands me another twenty star note from the series 2004 right at the redesign. When i saw it she took it and started to get another bill out but i told her not to worry about it, this one crisp but slightly worn and bent, and it also has what looks like ink over the der on federal in the top it covers from the top to the top of the serial numbers, i will be spending this one

 

Primarily Star Notes are replacement notes, but aren't they printed for other reasons? -- Like commemorative notes and end run notes? This note is from a BEP commemorative package (see cover and inside) to celebrate the Series 2003 Single Star Note:



This is note is a special Millennium Star Note (the serial number begins with "2000" to celebrate the new millennium) from BEP:



How about a big solid green star after the serial number?



Or a big solid blue star before the serial number?



Or sequential serial number star notes?



There is such a variety, and like others have indicated, star notes are not common and are very collectible. I'll never lose my fascination with star notes.

 

Yeah post a pick when you can would love to see it.

 

True star notes are 'sold' for reasons other then circulating issues. However, unless the district which the notes bears the letter of orders notes for which star notes are needed for, then such notes would not be available for issues in sets sold to collectors.

Lets not get confused the reasons star notes are made with how they are sold

the BEP knows low numbered stars are easy to sell for a premium.. so they take advantage of that.

 

Nice notes Clay. Need some red stars in there too so here are some of my favorites...

1928 $2 Mule


1963 $2 with fairly low serial


1928B $5


1928C $5 Mule

 

Sure, many notes are sold for reasons other than they were made, but I thought star notes were made for reasons other than replacement notes.