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I
have a $1,000 Bank of the United States note.
How much is it worth?
Replicas
of $1,000 Bank of the United States notes
are widely known among paper
money collectors. In fact they are so well
known and there are so many of them that they
are referred to by their serial
number. 8894.
This is one of the
most widely reproduced replicas of U.S. notes.
These items were most probably issued by the
phonograph record company Longines Symphonette
Society in Larchmont, N.Y., in 1967.
The LSS replica is of
a $1,000 Bank of the United States note
originally issued in the mid-1800s. The design
on the face
or front of the note features an impressive
looking building in the center with three
portraits at either end of the note.
 The record firm
apparently had these replicas produced as part
of a promotion. The replicas were included in
sales brochures that went far and wide. The
replica notes were printed on imitation
parchment and were treated to give them a
"yellowed with age" appearance. The key is they
all have the same serial number,
8894.
These replicas don. t
have any monetary value but they make
interesting conversation starters.
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I think I have a $1 note printed on
the web press. How can I be
sure?
These $1 Federal
Reserve notes were printed on the web-fed
press produced on a continuous roll (or web) of
currency paper, unlike the standard sheet-fed
presses.
Web notes are easy to
spot because of certain adaptations made for the
press. The plate location letter on the face of
the notes was removed and the plate number on
the back of the notes was moved to above the E
in ONE, rather than below it as on notes printed
by sheet-fed presses.
The web-fed press was
discontinued in late 1995 and sold in 1997. Only
three series of $1 FR notes were printed on the
press . Series 1988A, Series 1993 and Series
1995. Check out the classified ads in Coin
World for dealers who sell or buy these
notes.
Few such notes should
remain in circulation, since the average life of
a $1 bill is 18 months.
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I
have a note with a star in the serial number. Is
it special?
A star at the end of
a serial number indicates the note is a
replacement for an error
discovered after overprinting. Replacement notes
come from an already printed stock of star
notes. Some collectors enjoy collecting
notes with stars and they do bring a small
premium over their face
value. Check out the classified ads in
Coin World for dealers who sell or buy
these
notes. | 
