Hi, Over the years, I've accumulated quite a few star notes, in all denominations. I always check the internet site to see if any may have value over face. I think I may have a couple that have had the "shorter" runs, but for the most part they don't. I did consider selling them online for face value or a little more, but I'm not sure how that works selling bills and shipping through the mail. Or I can just cash them in I suppose. Kinda in a quandary as to what to do. Any suggestions/recommendations? I also have a LOT of $2 bills, but that's a question for another day. Thanks
Welcome to CT, not being a real collector of paper, I think that most star notes are not worth much unless they are crisp and uncirculated. The $2 are worth $2 in general. If you have a coin shop in your area, ask them.
I would register & check out Numista to first be sure you didn't snag a good one (& to see if anyone would want to swap with you). IF your star note has a large print run (tens to hundreds of millions- is common), I'd spend the most circulated notes (higher denominations) asap. Or use the money to buy better coins/notes (supplies, etc). If you have a few short runs (around or less than 1,000,000), you may want to hang onto them (especially the better, less worn notes & the lower denoms). I cannot find the guide at the moment but here is a link to other sites which you may find useful. I know this is not a very popular opinion on social media sites (where they keep anything) but I would rather keep my money in something of value.
I don't know how old these star notes are, but I agree with @Notaphylic_C - check out the years and Federal Reserve cities to see if you have any with value. I posted the 1976 $2 bill star note from Minneapolis below here a few years ago and was told that I had "the key to the series" for that year. I certainly can't retire off of it, but it has more than $2 value, even in its less than pristine condition. Chances are, if your star notes are from the last 20 - 30 years and in lower denominations, they likely don't have significant value. But, it never hurts to check. Another resource is the "Red Book" below. I know it's blue, but it's called the "Red Book" anyway. It has printing volumes, approximate values, and loads of historical information on US paper money. I think the most current edition is the 7th, but double check on that.
Most stars do not have much additional value unless there a fancy serial number attached or something else that makes it rate.
All star notes are printed in fewer numbers than their regular series for any given year. And they aren't making any more of them. Give then to your grandkids and maybe in another 50 years they might be worth something over face. Of course, by then the buying power will have decreased significantly.
As of September, the latest month BEP production data is available, they are still being printed. But it is true the BEP plans to phase out or at least greatly reduce the need and printing of stars over the coming years. Ones will be the first to go. We can thank the botched production of Series 2009 $100 notes for this. As far as what is worth keeping or selling, I would set aside Series 2013 $1 B-* notes that are in the overlap range between DC & FW, and all short-run stars (those printed in runs of 640,000 or less). I would either keep these or offer them for sale as a bulk lot. They could be offered on the BST section of the forum on here. You could accept cash, Paypal, etc. as payment and then ship them out. Free shipping is popular; in which case, I would factor this in when you come up with a price.
Hello and welcome! This site allows you to lookup the print details for many star notes: https://www.mycurrencycollection.com/reference/star-notes/lookup Typically the only star notes that have value above face are "short runs" of 640k or less notes. Also, the larger the denomination, the less value over face it has since it costs a lot more to save a $100 star note than a $1 star note. And lastly, of course condition matters. One side note -- If you have any $1 notes from District B (NY) from Series 2013, be sure to check for duplicates. The BEP printed many notes twice -- once in Fort Worth and once in DC. Here is a website that will help: https://forums.wheresgeorge.com/ind...-bill-could-be-worth-500-or-much-more.251047/
I'd like to weigh in- as I have over 500 star notes, including two entire (in order) straps of 100. I see people selling star notes on ebay. I've even tried in my store and I had an entire currency shop. But, they sold infrequently and I honestly believe the hassle of trying to sell them isn't worth it. Especially if they aren't in perfect condition. And, you'll pay a fee to ebay along with a fee to paypal along with shipping and taxes. Maybe if you have some amazing serial number - then... Otherwise, I would gather them up and count the $ value. Take them to the bank. And add something to your collection in the amount you just deposited. You'll enjoy it more (I think)