This listing is for the photographed 1963 5 Dollar Legal Tender Red Seal Star Notes. Rarer star replacement note. Great condition, Extremely Fine (XF) grade/condition, minimal folds and visible signs of circulation, crisp note! Excellent find, perfect addition to any collection! Fr#1536* (Friedburg Number 1536*).
A replacement banknote, commonly referred to as a star note, is a banknote that is printed to replace a faulty one and is used as a control mechanism for governments or monetary authorities to know the exact number of banknotes being printed. Also, since no two serial numbers can be the same, the bill is simply reprinted with a symbol in the serial number, identifying it as a replacement for an error note. Replacement bills have different symbols to mark the error around the world, although the most popular examples are "star notes".
1963: Both the $5 United States Note and Federal Reserve Note were revised with the motto IN GOD WE TRUST added to the reverse and WILL PAY TO THE BEARER ON DEMAND removed from the obverse. Also, the obligation on the Federal Reserve Note was shortened to its current wording, THIS NOTE IS LEGAL TENDER FOR ALL DEBTS PUBLIC AND PRIVATE. Also during this time, production of Silver Certificates end, including the $5.
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1963 Red Seal 5 Dollar Star Note - Extremely Fine (XF) Grade - 1963 Five Dollar US Legal Star Note - Fr#1536*