1923 Note $1 One-Dollars Blue Seal Silver Certificate Note

  • Lot number 4678812
  • Total bids 11
  • Winning bid $125.00
  • Buyer's premium $21.25
  • Total $146.25

Please see photos for more details regarding the condition of the note.

Star Notes are bank notes with an asterisk, or star after or before the serial number. In the US the Bureau of Engraving and Printing inspects currency for printing errors before releasing the notes into circulation. When notes that have been printed incorrectly have been discovered the misprinted "errors notes" are destroyed and replaced with star notes to ensure that no two bills within a certain series have the same serial number. They are used to maintain a correct count of notes in a serial number run. Star notes are more scarce than notes with a normal serial number and as such are widely collected by numismatists.

Silver certificates were issued between 1878 and 1964 in the United States as part of its circulation of paper currency. They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which had effectively placed the United States on a gold standard. The certificates were initially redeemable for their face value of silver dollar coins and later in raw silver bullion. Since 1968 they have been redeemable only in Federal Reserve Notes and are thus obsolete, but still valid legal tender.

Due to the uniqueness of each item, please refer to the photos provided in this auction. We offer high resolution images of each item rather than a written description of condition.

This item is being shipped from the Pristine Auction warehouse.