star note premiums

Discussion in 'Paper Money' started by dfraser, May 4, 2010.

  1. dfraser

    dfraser Junior Member

    Looking to get an idea of the premium collectors will pay for a star note.
    Is there a ratio, say 1.5, or 2.0 that is generally valid, or does the premium vary by denomination, series, etc.

    I recently found a 1953 series $2 star note, and realizing that in general $2 trade as face value, I wondering the star serial number increase the value.

    The note would probably grade at VF.

    Thanks
     
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  3. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    It's never that easy to just say a star is a ratio that does not change. You can look the prices up in some books they will give you approx. values.
     
  4. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    *Star* notes are funny animal,s the misconception here is people automaticaly
    Go "Cha-Ching" thinking there going to make alot of extra cash, About 6 months
    Ago i had 6- Star notes that i was selling one being a rare $2 red seal that was
    In A/U condition, I ended up losing my shirt because the right buyer didnt come
    Along! So are they worth more yes, But only to someone thats willing to pay
    Your price!
     
  5. dfraser

    dfraser Junior Member

    Thanks, these responses are in line with my expectations. Since it is a $2 red seal star note, I will just keep it, and spend the other two, assuming I can find someone outside a race track that will accept them. BTW my internal "ch-ching" was thinking, could it be worth $5 ! Maybe this will cause me to add some notes to the coin collection.
     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"


    *Star* notes are great!! Because of there rarity compared to non stars
    But you really need to find someone that has a similar interest, And then
    You will be in good shape :):thumb:
     
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