I just learned about star notes and looked through my wallet and found this $1 star note! I've been looking on various sites as to determine its value and I'm coming up short. Here's what I've found so far: $1 2009 F00652004* Run Size 3,200,000 Total Printed 6,400,000 Other Info Run Number: 1 Serial Number Range: 00000001 ↔ 03200000 Printed in FW in 1 2013 Can anyone help me out and give me a site to go to or give me an approximate value? Do these notes go up in value or are the values stable?
After reading your post I checked my wallet and have a star note, check it out (I doubt it's worth anything besides face value).
The OP's note, and the 2009A $100 St.Louis star, posted above, have no added premium above face value.
As Steve mentions above, neither note currently commands a premium over face. Both are from large print runs and are just too recent. OP's note is pretty tattered. I can't see that one having a premium anytime in the next several decades, if ever. The $100 may have some long term potential. OP, you may want to keep yours since it's your first star and you can keep it as a memento. Only being a dollar you're not tying up much money either. Anyway thanks for sharing and posting photos.
Last week I picked up some $100.00s. They were the 2009 series. I wonder when the stars will show up? How many were made? Since this series was messed up, how many will be released?
There are too many Unc $100s out there. Entire straps even. And many from much lower runs. I go with Steve on this, no added premium (ever). Not enough collect that denomination and they'll want them only in the highest grades. There are still straps of Red Seal $100s and a large population of gold certificates in high grades. This is decades after their series were issued and before inflation led to them to running the printing presses non stop. Printing US notes is the leading cause of deforestation today, lol. IMO, I think they would be better off putting that 100er into their IRA or saving it until they can afford something that they really want to collect.
It's a star 100. Even if the star runs are larger than usual they are still much less than the size of regular print runs. As Steve said on the other thread, no one knows, except maybe the BEP, how many were salvageable and released. That is why I used the terms may have and long term potential.
They printed almost $8 Billion worth of 2009A star notes. That would fill about 80 wooden pallets and weigh 240 tons. There is no shortage of them. That may be true for Series 2009, but that's not what was posted. Series 2009A LH* has about 8 million stars across 6 runs and isn't very limited in availability. Long term potential must account for inflation. If you're not making at least 2-3% each year you are losing money (buying power). I'm reminded of the 1934 $500 notes, barring a rare block they generally go for about $1500+/- today. Had they put that money into savings bonds or the stock market they'd have $50,000 or more today. In 1934 the average annual salary was $1,368 and today the average household income is $53,657. $500 in 1934 is thus 36% of your salary then, while $1500 today is only about 3% of your salary Would you trade 4 months of wages now for 1 or 2 weeks wages in 80 years? Which is what people did if they kept new $500 notes in the '30s and try to sell them today.
Good Point. Coin collecting as a hobby is fun but you should still be "investment smart" when deciding to keep such items for collectible value.
Well to be clear, I didn't suggest that they keep it. Nor did I say it was a good investment. All I said was that it may have some long term potential as far as gaining a premium. I would be crazy to say it may have long term potential and then say you should keep it as an investment, lol. Investments should be made when the investor feels confident there will be an increase in value, not when there is uncertainty (as in 'may have potential'). Lastly, I would be cautious about using selective past results to make comparisons on future potential. I'm not saying I disagree that stocks or bonds would probably be better long term, but there is no guarantee. Had someone decided to put the $100 towards Enron or AIG stocks/bonds I'm pretty sure they would have rather had the note instead. And yes I know, diversify, but I think you get the point - there are no guarantees.
