Expert: PAPAJACK - 11/24/2008

Question
I have a 1957 A one dollar silver Certificate
the serial has a star in front of the Number instead of a letter,what does this mean? any idea? it Reads like this *4119617A

Answer
Hello Rose,                       
     
These small size (current size) notes are similar to today’s Federal Reserve Notes except that they have blue treasury seals and serial numbers. In circulated condition, they carry only minimal premiums over face value. Some exceptions are replacement notes (which have a * as part of the serial number) and a few of the very early series, as well as notes with errors or special or fancy serial numbers. When in doubt, consult one of several price guides that are readily available.
The main Grades for paper notes are FINE, EXTRA FINE and CRISP UNCIRCULATED.

The * (star) denotes that it is a replacement note. These notes are printed to replace a note made with the same denomination and serial number that was defective in some way.

This does indicate there was a defective batch at the Bureau of Printing and Engraving for the 1957a series, that the Bureau of Printing realized it, destroyed the defective notes and reprinted new ones.  

For any value for the note it has to be seen by a knowledgeable person to decide how it grades.

As with all collectables it is finally worth what a note-collector is willing to buy it for.
Someone that wants the particular note may pay more than the list price and if the note is in Mint Condition and still crisp and clean it may sell from $4 to $8 to a collector.

I hope this information helps.

Thank You and Good Luck

PapaJack