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question about starnote rarity. advice appreciated
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<p>[QUOTE="bonniview, post: 1754215, member: 38496"]From my experience of searching though a minimum of a grand a day for the last four years is that common modern stars notes are just that...common. I find them everyday so to me they are viewed as a regular dollar bill. If dealers are selling the common modern stars for around $5 in Gem condition whats its value in well circulated condition? $1.50?</p><p> </p><p>In my opinion there a dime a dozen and if i kept everyone i'd probably have to mortgage my house to be able to afford to keep them all. For all the billions and trillions of $1's printed there are only half of 1% of them make up stars. But that half of 1% still leaves millions of any series in circulation. </p><p> </p><p>That's why the short runs carry the premium they do cause there's far fewer available.</p><p>In my opinion a long term investment is a 401k or other type of retirement account not modern common star notes. The thing to remember is this is a hobby and not a guarantee of future profit making. I say collect the old stuff...much greater potential of future price appreciation and increase in value.[/QUOTE]</p><p><br /></p>
[QUOTE="bonniview, post: 1754215, member: 38496"]From my experience of searching though a minimum of a grand a day for the last four years is that common modern stars notes are just that...common. I find them everyday so to me they are viewed as a regular dollar bill. If dealers are selling the common modern stars for around $5 in Gem condition whats its value in well circulated condition? $1.50? In my opinion there a dime a dozen and if i kept everyone i'd probably have to mortgage my house to be able to afford to keep them all. For all the billions and trillions of $1's printed there are only half of 1% of them make up stars. But that half of 1% still leaves millions of any series in circulation. That's why the short runs carry the premium they do cause there's far fewer available. In my opinion a long term investment is a 401k or other type of retirement account not modern common star notes. The thing to remember is this is a hobby and not a guarantee of future profit making. I say collect the old stuff...much greater potential of future price appreciation and increase in value.[/QUOTE]
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question about starnote rarity. advice appreciated
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