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When quality control pulls a misprinted bill from the production run, it is replaced with a note having a star at the end of the serial number. This is done so the first bill in each packet of 100 has a serial ending with '00' and the last bill is '99'. Currency collectors like these Star Notes and some are quite valuable in Crisp Uncirculated condition.
AnswerStar notes are legal currency bills printed to replace damaged notes during a printing run.
For example: The mint must print 100 Ten dollar bills. During the printing process, five of those bills are misprinted and can not be put into circulation. In order to print the full order of 100 bills, they must make up for the five bad bills. Since it is not cost efficient to go back and exactly match serial numbers of the damaged bills, they are replaced with star notes.
Star notes are replacement notes. If a sheet of notes does not pass inspection during the printing process, that sheet is pulled out and destroyed, and it is replaced with a sheet of star notes. There is no correlation between serial numbers whatsoever.
Some star notes are relatively rare, and if kept in pristine condition can gain value over time. Only 11% of money are 'star notes.' The value of a star note can vary a lot, or only slightly, from the value of a similar standard note. It depends on the bill's date and condition.
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What is an Australian 1 Dollar star note?
A "Star note" is a bank note that is reprinted due to a problem with the printing process and the original note being spoiled and not subsequently issued for circulation. A "Star note" is identified by the last digit of the serial number being a "star", hence the name. Many countries use the concept of a "Star note" to replace mishaps of the bank note printing process. The practice of "Star notes" ceased in Australia in about 1971. Star notes are very collectible as are the notes they are intended to replace, should one mysteriously find its way out of the note printing works.
What is a star used in printing to refer to a margin note?
A star used in printing that refers to a margin note is called an asterisk.
What is Value on one dollar bill star note?
Value of 1963 one dollar star note
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The selling price for a five dollar star note is 12.00 to 14.00 dollar.
What is an Australian one dollar star note?
A "star" note is a replacement note. If a banknote was damaged or improperly printed during the banknote printing process, it was withdrawn from the batch prior to issue and a replacement note was printed to replace it. The last digit of the serial number was replaced with a "star". The practice of producing "star" notes was expensive and evenutally considered to be unnecessary. The last Australian "star" notes were printed in 1969.
What does the asterisk on paper money mean?
It is a star...If a note is found defective when inspected after printing, it is replaced with a "star" note (that is a note with a star before or after the serial number). It's a do over because the 1st one is damaged. They're worth more to collectors.
What does a star mean on a dollar bill?
---- This is from the Bureau of Engraving and Printing:Star NotesWhen an imperfect note is detected during the manufacturing process after the serial number has been overprinted, it must be replaced with a new note. A "star" note is used to replace the imperfect note. Reusing that exact serial number to replace the imperfect note is costly and time consuming. The "star" note has its own special serial number followed by a star in place of a suffix letter.The serial number of the imperfect note that was removed is not used again in the same numbering sequence.
What does the star mean next to the serial number on us paper note?
This means that that note is a replacement to a damaged note. These usually have a value above face value but not much more. For example you might get $1.50 or $2 for a star $1 note.
What is a ten shilling star replacement note?
It was the practice of many years ago, that if a note or group of notes were printed with flaws, that the notes would be destroyed and a new note or group of notes would be reprinted with a star on the end of the serial number, hence the term "Star note".
What does a star beside serial number on 10 dollar mean?
A star next to the serial number on any US bill means that the original note with that number was damaged in printing, and the star note is the replacement.
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Jessy J can hit an extremely high note.
How much is a 1928 series A one dollar silver certificate series a worth?
if not a star note, then depending on condition, 30-100. if a star note, then 75-900.
