Summer Bonus Coin Consignment Auction 1 - Day 1
By Key Date Coins
Contact auction house
Aug 10, 2022
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
Terms of sale
View demo
The auction has ended
|
LOT 50:
*Star Note* 1953A $2 Red Seal United States Note Grades vf++. 1953 red print two dollar bills can be broken up ...
more...
|
|
|
Sold for: $70
Start price:
$
20
Estimated price :
$25 - $100
Buyer's Premium: 18%
|
*Star Note* 1953A $2 Red Seal United States Note Grades vf++. 1953 red print two dollar bills can be broken up into four different types by signature combination. 1953 two dollar bills feature Thomas Jefferson as the central figure. The back of the bill shows Monticello. These were printed in Washington DC and circulated across the country. They have red overprints and a red seal on the right hand side of the bill. You can find the following phrases on the bill, “Two Dollars, United States Note, The United States of America will pay to the bearer on demand Two Dollars” “This note is a legal tender at its face value for all debts public and private”. When notes are discovered that have been printed incorrectly (such as having the serial numbers upside down, etc.) the misprinted "error notes" are replaced with star notes because no two bills within a certain series can be produced with the same serial number. They are used to maintain a correct count of notes in a serial number run. By their nature, star notes are more scarce than notes with standard serial numbers and as such are widely collected by numismatists. Some of the highest prices paid for modern (post-1928) U.S. banknotes have been for star notes.
