The interesting misconception that came about through my research for my previous article on Star Notes was (from a coin collectors uneducated about banknotes view) that myself and other numismatists I know always just assumed that a star note was the same numbered note as the faulty note but with a star on the end denoting that it was a replacement (this star replacing the last digit of the serial number) .This is because a star note has one less digit in the serial number.
A question was put to me that if there were two soiled notes in a run of ten then there would be 2 identical star notes wouldn't there -because the star replaced the last digit of the serial number?
This is incorrect, a completely separate run of notes is printed. Then one is just slipped into the bundle when a soiled note is found. Therefore the star note's serial number has no relationship at all to the soiled note that it replaced.
Posted by harrisk at March 16, 2009 7:33 AM
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