What Does a Star Note on Money Mean?
Uncover the hidden meaning behind star symbols on currency and learn their significance to collectors and the printing process.
United States currency, commonly known as Federal Reserve Notes, incorporates various security features and unique markings to ensure authenticity and facilitate tracking. These banknotes are printed on a distinctive blend of 75 percent cotton and 25 percent linen, giving them a unique feel. Each denomination includes specific design elements and anti-counterfeiting measures. Beyond these security elements, certain banknotes carry a special indicator known as a “star note,” which distinguishes them from standard currency. This marking serves a specific purpose within the currency production and distribution system.
Identifying Star Notes
Identifying a star note involves examining the serial number printed on the banknote. Each U.S. Federal Reserve Note features a unique serial number that appears twice on the front of the bill, typically in the upper right and lower left corners. This serial number consists of a combination of eleven letters and numbers. A star note is distinguished by a small, five-pointed star symbol that replaces the last letter of the serial number.
For instance, if a regular serial number might end with a letter like “A” or “B,” a star note would show a star () in that final position instead.
Purpose of Star Notes
Star notes are printed by the Bureau of Engraving and Printing (BEP) to serve as replacement notes within the currency production process. During manufacturing, sheets of currency may contain errors, such as misprints, smudges, or tears, or they may become damaged. When imperfections occur, these flawed notes are removed and replaced with star notes. This replacement process maintains the integrity of the sequential numbering system used for U.S. currency.
By using star notes, the BEP ensures the total count of notes printed for a specific series remains consistent, even when original notes are discarded. Instead of reprinting an exact flawed serial number, a star note with a unique serial number and the star suffix is used as a substitute. This system allows the BEP to account for every note produced, providing an accurate record of all currency released into circulation, and signals the note as a legitimate replacement.
Understanding Star Note Value
The value of a star note can extend beyond its face value, primarily due to factors appealing to collectors. Rarity plays a significant role in determining a star note’s worth. Not all star notes are rare; their scarcity depends directly on the size of the original print run for that specific series and denomination. A lower print run for a particular star note series generally indicates higher rarity and, consequently, greater potential value to collectors. Information regarding print run figures can often be found on the Bureau of Engraving and Printing’s website or through specialized numismatic resources.
The physical condition of a star note heavily influences its market value. Notes that are in uncirculated condition, meaning they show no signs of wear, folds, tears, or discoloration, typically command the highest premiums. Even minor imperfections can significantly reduce a note’s collectible worth. A crisp, clean note with sharp corners and original colors will be more valuable than one that has been heavily circulated.
Certain series years and denominations of star notes are more desirable among collectors. Older series, especially those from earlier in the 20th century, or specific denominations that had very limited star note printings, may be more sought after. Additionally, star notes originating from specific error runs or unique production circumstances can attain substantial premiums. These unique circumstances often involve notes that were part of a very small, one-time replacement run due to an unusual printing issue, making them exceptionally scarce.