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<p>[QUOTE="gatzdon, post: 303330, member: 8247"]OK, here's a quick question regarding how Star Notes are issued for circulation. Or rather it's a request for confirmation if I understand the process correctly.</p><p><br /></p><p>In the old days, when notes were "100%" inspected, defective notes were literally swapped out of 100 note straps and replaced with a star note. This was a manual process. If a sheet was found to be defective or contain an error, the affected notes received a red flag, red mark, or similar so that the person inspecting the final straps could recognize which notes needed to be swapped out quicker. I have seen auctions in the past where notes recieved a red flag or a red crayon-like mark, but the final inspector missed it.</p><p><br /></p><p>While this procedure helped contribute to error notes escaping to circulation, it made the auditor's job much easier. Separate and independent auditors could easily account for the number of pages fed into the printing press, the number of star notes printed, the number of normal notes printed. An independent auditor could independently verify that the number of star notes consumed equals the number of rejected notes received for destruction.</p><p><br /></p><p>=====</p><p><br /></p><p>In the current method, I think it's still true that inspectors can put red flags on any defective page at any step in the process and sensors in the COPE-PAK step (Currency Overprinting and Processing Equipment and Packaging) would detect the red flags and remove the defective pages.</p><p><br /></p><p>What I don't know is if </p><p><br /></p><p>1. - the equipment automatically swaps in a Star note page after the overprint is applied but before the notes are cut and wrapped???, or </p><p><br /></p><p>2. -do they just feed in the requesite number of star note pages to complete the 20,000 page run at the end.</p><p><br /></p><p>If method 1 is followed, the star notes would be sprinkled throughout the 100-note packs. If method 2 is followed, there would possibly be straps of notes that don't start with 01 and end with 99 and the last bundle in the 640,000 note run would contain the motherload of star notes.</p><p><br /></p><p>Just curious if any cash handlers out there have seen evidence of method 1 or 2. Both methods would have their pro's and con's and I have not seen any articles that discuss the details to this detail. I know about the note on each BEP wrapped strapped regarding the possibility of serial numbers not being consecutive, but you could apply that statement to both methods.[/QUOTE]</p><p><br /></p>
[QUOTE="gatzdon, post: 303330, member: 8247"]OK, here's a quick question regarding how Star Notes are issued for circulation. Or rather it's a request for confirmation if I understand the process correctly. In the old days, when notes were "100%" inspected, defective notes were literally swapped out of 100 note straps and replaced with a star note. This was a manual process. If a sheet was found to be defective or contain an error, the affected notes received a red flag, red mark, or similar so that the person inspecting the final straps could recognize which notes needed to be swapped out quicker. I have seen auctions in the past where notes recieved a red flag or a red crayon-like mark, but the final inspector missed it. While this procedure helped contribute to error notes escaping to circulation, it made the auditor's job much easier. Separate and independent auditors could easily account for the number of pages fed into the printing press, the number of star notes printed, the number of normal notes printed. An independent auditor could independently verify that the number of star notes consumed equals the number of rejected notes received for destruction. ===== In the current method, I think it's still true that inspectors can put red flags on any defective page at any step in the process and sensors in the COPE-PAK step (Currency Overprinting and Processing Equipment and Packaging) would detect the red flags and remove the defective pages. What I don't know is if 1. - the equipment automatically swaps in a Star note page after the overprint is applied but before the notes are cut and wrapped???, or 2. -do they just feed in the requesite number of star note pages to complete the 20,000 page run at the end. If method 1 is followed, the star notes would be sprinkled throughout the 100-note packs. If method 2 is followed, there would possibly be straps of notes that don't start with 01 and end with 99 and the last bundle in the 640,000 note run would contain the motherload of star notes. Just curious if any cash handlers out there have seen evidence of method 1 or 2. Both methods would have their pro's and con's and I have not seen any articles that discuss the details to this detail. I know about the note on each BEP wrapped strapped regarding the possibility of serial numbers not being consecutive, but you could apply that statement to both methods.[/QUOTE]
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