1977 Series $100 Dollar Bill Star Note Value
When it comes to collecting paper currency, star notes are one of the most sought-after items. These notes are produced by the Bureau of Engraving and Printing (BEP) to replace damaged or misprinted bills. A star note can be easily identified by the star symbol that appears at the end of the serial number. In this article, we will discuss the value of the 1977 series $100 dollar bill star note.
History of the 1977 Series $100 Dollar Bill Star Note
The 1977 series $100 dollar bill star note was first issued by the BEP in 1981. This series was a replacement for the previous series that had been in circulation since 1969. The 1977 series was designed with enhanced security features to combat counterfeiting. These features included a watermark of Benjamin Franklin and a security thread that glows under ultraviolet light.
What is a Star Note?
As mentioned earlier, a star note is a replacement note that is printed by the BEP when a regular bill is damaged or misprinted. The star symbol that appears on the note distinguishes it from the regular notes. Star notes are highly coveted by collectors because of their rarity. The BEP produces only a limited number of star notes for each series, making them a valuable addition to any collection.
Value of the 1977 Series $100 Dollar Bill Star Note
The value of a 1977 series $100 dollar bill star note can vary depending on a few factors. The condition of the note is one of the most significant factors that determine its value. A note in uncirculated condition can be worth significantly more than a note that has been in circulation. The rarity of the note is another factor that affects its value. If there are fewer star notes in circulation for a particular series, the value of the note will increase.
Currently, a 1977 series $100 dollar bill star note in uncirculated condition can be worth anywhere from $300 to $500. However, if the note is in poor condition or has been circulated, its value may be significantly less. It is always best to consult with a professional currency dealer to determine the value of your note accurately.
How to Verify the Authenticity of a 1977 Series $100 Dollar Bill Star Note
Counterfeiters have become increasingly proficient in creating fake currency. As a result, it is essential to verify the authenticity of any note before purchasing it. The BEP has released a few security features that can help identify a genuine 1977 series $100 dollar bill star note:
- Watermark: Hold the note up to a light source and look for the watermark of Benjamin Franklin. The watermark should be visible from both sides of the note.
- Security Thread: The security thread is a thin, vertical strip that runs through the middle of the note. When held under ultraviolet light, the security thread glows pink.
- Serial Numbers: The serial numbers on the note should be evenly spaced and of the same color and font. If the serial numbers appear uneven or are of a different color or font, the note may be counterfeit.
Conclusion
The 1977 series $100 dollar bill star note is a valuable addition to any currency collection. Its rarity and enhanced security features make it a highly sought-after item. When purchasing a star note, it is crucial to verify its authenticity and consult with a professional currency dealer to determine its value accurately.