Paper Money: New Acquisitions

I usually don't get too excited about two dollar star notes, but I really liked the centering of this pair. Atlanta district star notes are the only star notes from the $2 2003A series,(320,000) and I've only seen them in pairs......that's not to say that packs of 100 were not distributed. I asked a friend that specializes in modern era two dollar bills about the high "book" value associated with these notes......and this is how it went;

Hi Michael,

Was wondering if you know why most to all of the guides to small-size paper money overvalue the 2003A $2 Atlanta Star note. Robert Azpiazu's guide has them at $165, the Schwartz/Lindquest guide has them at $125, and in reality, these notes can be purchased easily for $25. Any ideas ?

Steve in Tampa

Michael's reply;

Yep, I think I know why. They are listed in the price guides because only 320,000 notes were printed, making it the lowest printing by far for any regular issued $2 star note.

Although, yes, you can get them for $25, I do see them go for $50-$65 on eBay as well as less too. The reason is these notes are found in bricks, often replacing the 0000 notes. I have sold a couple graded Gems for $100 but did buy them for much less though.

Two are being found at a time in bricks, not all though. Anyway, right now they can be found at face value by people who can afford to search bricks. But one day, these 2003A bricks will dry up. Since they are found just 1 and 2 and not in packs, there are no huge quantities around though. So a pack of 100 is quite a bit to be absorbed by collectors. They are found mostly centered nicely which is great for grading, but due to being at the top or back of a brick they are condition sensitive too and prone to handling and rounded corners. Any rate, I think these are truly a key note based on the low mintage and the no pack or even sheet scenario. But it will take time for the face value supply to dry up. That could be anybody's guess.

Regards, Michael






My guess for grading would be 66*PQ or 67*PQ

 

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This run was printed as replacement sheets, so they all end up sprinkled through packs of regular notes. There were enough 2003 $2 I..* replacement packs left over to last all the way through the 2003A $2 printing--so no replacement packs of 2003A $2's were needed.

When the next $2 series comes along, the remaining 2003A $2 F..* sheets and 2003 $2 I..* packs will be used as replacements in *that* printing, too, until the supply runs out. In particular, we may end up seeing more of these 2003A $2 F..* notes reaching circulation well into the next series. Based on the replacement rates of other recent series, it seems likely that less than half of the 2003A star printing was actually used during the production of Series 2003A.

 

cool rickie! Good luck sir. It does seem like it will be a hard task to accomplish.

nice notes everyone

 

I got this one yesterday.

 

Got this one a few days ago.

 

Picked up my first notes.

1914 $5 and $20




Enjoy!

 

From what I can see, those look to be in decent shape, VF-XF, so they're always good to get in that condition.

 

very nice! I wish mine were better condition but I just wanted to get them now. I'll save up for some nicer ones later on.

 

Thanks guys. Had a bead on a 1914 $10... didn't get my bid off in time. Oops! Got a line on a nice 1918 $1 "Green Eagle".

The 1914 and 1918 series are my favorite non-Gold cert notes.

 

Going to take a break from the $1 Note collection and start focusing on adding some $5 notes. Here's #1.

 

very nice

 

:thumb: That's some great notes you guys picked up.

 

Series 1995- Circulation find, haven't seen one since 2005.

For my $1 circulated currency collection

 

Got this one yesterday.



It is a BEP Low Numbered Uncirculated $5 Note. This is the cover:



This is the inside:

 

^^
Nice note, Clay.

It's funny you posted a Series '99 $5, because I got one in change yesterday, that is in absolutely great shape, considering it's age.

It's from the BF-A block (which is a common run), and the serial is : 00711322. I would say it's Ch-cu (very, very light evidence if circulation, and the paper is still bright, and crisp) which astounds me, seeing as this note was printed in 12/99, and released into circ, in May of 2000.

I usually don't care for the large portrait, no color notes, but I may set this one aside, just for being a survivor.

 

Hmmm.clay, did the BEP offer those for sale? If so, was it recently?

 

Thanks guys! I Need to add some new notes I got some Japanese Occupation notes for the Philippines as well.

 

Here are more new notes:

 

New Chlean banknotes

Here are the latest additions to my South American banknote collection

1,000 Pesos POLYMER
2,000 Pesos POLYMER
5,000 Pesos POLYMER
10,000 Pesos
20,000 Pesos