If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
BILLS WITH A STAR IN THE SERIAL NUMBER
anyone have info???
|
Ads |
#2
|
|||
|
|||
Hey Squiggey you posted this question in web tv's RCC NG and I posted a
link that answered your question. Gee is everyone high on web tv? |
#3
|
|||
|
|||
From: Squiggey
BILLS WITH A STAR IN THE SERIAL NUMBER ... anyone have info??? Yes. These are replacement notes; collectors call them "Star Notes". The Star is placed in lieu of the Block Designation letter. They are collectible. Consider this explanation: When the Bureau of Engraving and Printing (BEP) prints up money for the Treasury Department, they begin first by making a number of replacement "Star Notes" and set them aside. The BEP uses the serial numbers as an accounting system. To prevent serial number errors and possibly employee theft, the serial number counters are sealed, and cannot be "rolled back" for any reason. So, when the counter shows 1 million Notes (bills) were printed (on sheets of 32 Notes; 4 by 8), the accountant can verify the number of dollars made. The money is then cut, and placed into "bricks" of 4,000 notes per "brick". The serial numbers of the notes in the "bricks" must conform to an established sequence; ie: "brick" #1 must contain serial numbers 00000001 through 00004000, the second "brick" 00004001 through 00008000, and so on. Again, the reason is for both accounting purposes as well as prevention of theft. During the normal operation of printing money, if there should be a mistake, such as a paper-sheet misfeed, and some money is ruined, they face a problem: they cannot just re-print the serial numbers of the ruined notes (the counters cannot be rolled back), they cannot just adjust the number of notes in a "brick" (there must be 4000), and they must begin and end each "brick" with the proper serial number. To resolve this, a BEP Supervisor will replace the spoiled Notes with "Star Notes", and assure that the spoiled Notes are destroyed. Obviously, the BEP workers try to use as few Star Notes as possible, as 'mistakes' reflect upon their performance. For this reason, Star Notes usually have a lower serial number than average Notes. Due to a lack of pattern of issuance, some Star Notes may be more desirable than others. Factors include: the District (identified by the letter preceeding the serial number), the Series (identified by both the signature combination and by the stated series year on the face), and the overall condition. HTH 8-| - Coin Saver |
#4
|
|||
|
|||
Damned fine explanation, thanx! John
Coin Saver wrote: From: Squiggey BILLS WITH A STAR IN THE SERIAL NUMBER ... anyone have info??? Yes. These are replacement notes; collectors call them "Star Notes". The Star is placed in lieu of the Block Designation letter. They are collectible. Consider this explanation: When the Bureau of Engraving and Printing (BEP) prints up money for the Treasury Department, they begin first by making a number of replacement "Star Notes" and set them aside. The BEP uses the serial numbers as an accounting system. To prevent serial number errors and possibly employee theft, the serial number counters are sealed, and cannot be "rolled back" for any reason. So, when the counter shows 1 million Notes (bills) were printed (on sheets of 32 Notes; 4 by 8), the accountant can verify the number of dollars made. The money is then cut, and placed into "bricks" of 4,000 notes per "brick". The serial numbers of the notes in the "bricks" must conform to an established sequence; ie: "brick" #1 must contain serial numbers 00000001 through 00004000, the second "brick" 00004001 through 00008000, and so on. Again, the reason is for both accounting purposes as well as prevention of theft. During the normal operation of printing money, if there should be a mistake, such as a paper-sheet misfeed, and some money is ruined, they face a problem: they cannot just re-print the serial numbers of the ruined notes (the counters cannot be rolled back), they cannot just adjust the number of notes in a "brick" (there must be 4000), and they must begin and end each "brick" with the proper serial number. To resolve this, a BEP Supervisor will replace the spoiled Notes with "Star Notes", and assure that the spoiled Notes are destroyed. Obviously, the BEP workers try to use as few Star Notes as possible, as 'mistakes' reflect upon their performance. For this reason, Star Notes usually have a lower serial number than average Notes. Due to a lack of pattern of issuance, some Star Notes may be more desirable than others. Factors include: the District (identified by the letter preceeding the serial number), the Series (identified by both the signature combination and by the stated series year on the face), and the overall condition. HTH 8-| - Coin Saver |
#5
|
|||
|
|||
|
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
ST Auctionne and Sales Site! | Lynne Stewart | Cards:- non-sport | 0 | November 17th 04 12:58 PM |
Star Trek Cards for Sale from many different sellers | Lynne Stewart | Cards:- non-sport | 0 | September 16th 04 01:22 PM |
Star Trek Cards for Auctionne! | Lynne Stewart | Cards:- non-sport | 0 | July 14th 04 03:57 PM |
ST Auctionne with Cinema Collection binders! ooooo! | Lynne Stewart | Cards:- non-sport | 0 | March 23rd 04 03:46 PM |
Star Trek Cards for auctionne! | Lynne Stewart | Cards:- non-sport | 0 | August 27th 03 02:14 PM |