20 Dollar Bill With Star Next To Serial Number
If you have a 20 dollar bill with a star next to the serial number, you might be wondering what it means. This symbol is actually a replacement note, also known as a star note. It is used by the Federal Reserve to replace damaged or misprinted bills.
What is a Replacement Note?
A replacement note is a bill that is printed to replace a defective or damaged note before it is released into circulation. The star next to the serial number indicates that the bill is a replacement for one that was damaged during the printing process or in transit.
Why are Replacement Notes Used?
Replacement notes are used to maintain the integrity of the currency. If a damaged or misprinted bill were to enter circulation, it could cause confusion and potentially be rejected by a bank or business. By using replacement notes, the Federal Reserve ensures that all bills in circulation are legitimate and in good condition.
How to Identify a Replacement Note
Besides the star next to the serial number, there are a few other ways to identify a replacement note. Replacement notes have a different serial number than the original bill they are replacing. Additionally, they have a suffix letter at the end of the serial number, such as A, B, or C.
Are Replacement Notes Valuable?
Replacement notes are not necessarily more valuable than regular bills, but some collectors may be interested in them. If you have a replacement note in good condition, it could be worth slightly more than face value to a collector. However, the value of these bills is generally not significant.
Conclusion
If you come across a 20 dollar bill with a star next to the serial number, don't worry. It is simply a replacement note, used to ensure the integrity of the currency. While it may not be worth much more than face value, it is still a unique piece of currency that collectors may find interesting.