Last week I sold two 1 dollar bills on eBay. The thing that made these bills different and or unique is that they were star notes.
A star note is a United States bank note that has an asterisk (*), or star, after the serial number. The Bureau of Engraving and Printing inspects currency for printing errors prior to releasing notes into general circulation. When notes are discovered that have been printed incorrectly (such as having the serial numbers upside down, etc.) the misprinted "error notes" are replaced with star notes because no two bills within a certain series can be produced with the same serial number. They are used to maintain a correct count of notes in a serial number run. By their nature, star notes are more scarce than notes with standard serial numbers and as such are widely collected by hobbyists.
Some of the highest prices paid for modern (post-1928) U.S. banknotes have been for star notes. A star note was also substituted for the last note in a block rather than printing a note with a serial number consisting of eight zeros. This practice is no longer in use, as the highest range of serial numbers is now reserved for uncut sheets sold to collectors, so regular notes intended for circulation do not reach the final serial number in the block. (This is the Wikipedia definition.)
I sold both notes for less than $100.00 but more than $85.00. I am sure all of you have heard the old saying, "One man's trash is another man's treasure." (If this story doesn't manifest that truth I don't think anything will!) Well I found some more star notes and they are placed right now on eBay. My sell ends Monday night at 7:30 p.m. (4/19/10).
Here's some links for you if you want to see one of my dollars:
and here's the other dollars
Good Luck, Happy Bidding, & Thanks for Looking

1 comment:
Man. Selling a buck for between $85 and $100? Not a bad day if you ask me.
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