OT---Star note currency question

richbeat

I posted this question over in the currency forum but it doesn't look like too much is going on over there, so I thought I'd run it past you guys for help. I have in my possession 1000 consecutively numbered one dollar bill star notes, series 2001, brand new straight from the Fed(San Francisco districe, L12) and still in the plastic shrink wrap. I was just curious what they would be worth, if anything. Thanks.

MadMarty

$1,000

dakra

I'm not sure if you know what a star bill is so pardon me if I am a bit elementary about it. A star bill is a replacement bill.

Generally there is no value to the bill other than face value. If you have 1000 consecutive serial numbers, someone may give you a premium on top of the $1000. Best bet might be to see if there is anyone willing to buy them on wheresgeorge.com check it out, pretty cool site.

Of course, there is always that chance that you have a repeater or radar bill in that stack of star notes. ie Serial number 12344321 or something like 10251025, sometimes you can also get a little extra for those as well.

You could always place them on ebay and have a reserve price of $1000 and see if anyone is willing to pay you additional for them.

-Dave

MastaHanky

I think that if they're crisp uncirculated, and all in a stack like you describe, they're worth a premium, but not a huge one. I'm guessing you could probably get $1100 for them.

truthteller

Sometimes, a star note will be a mule, whereby the obverse plate number does not match the sequence for the reverse plate number. Then, if you got a mule and star, in sequence, they are rare. Call Lyn Knight, they are in the CU directory, and can help.

TRUTH

quarterjack

Richbeat, turn on your Private messageing or send me an email. I know someone who collects these and would be intrested in them.

Dave

richbeat

Thanks to everyone for the good help! I got some good answers from the currency forum also.

quarterjack: The problem is that they are in my possession but they're not actually mine to sell. I'm a motor bank evening supervisor and this brick came in a fed currency shipment, which explains why they are in my possession but not actually mine. I could acquire them for face value, but the problem there is that I don't have $1000 to buy them.

Steve27

In the short term they may only be worth a small premium over face value, because there is no way to tell how many others are out there. Thus, the best way to determine current value would be to check eBay to see if any are being sold there and for how much. Then, even if the current value is low, I would recommend purchasing at least a hundred of them and sitting on them for a while.

JeffinMich

I see them in blocks of 10, 20, 50, etc on eBay all the time. You would be surprised the premium some people will pay.....You could probably turn them around pretty quickly if you came up with the $1000 to acquire the pack.