Star Notes Surge at Heritage Auction: What Collectors Should Know

Currency collectors spotted an unusual trend at this week’s Heritage Auctions. Several high-grade star notes from the 2017 series sold well above their typical market value, catching the attention of seasoned collectors.

The standout was a 2017A $100 star note graded PMG 67 EPQ that fetched $485, nearly triple the expected price. Similar notes in the same condition typically sell between $150-180.

What’s Driving Prices?

Dealers attribute the spike to reduced print runs for certain Federal Reserve districts. The San Francisco district (L*) and Atlanta district (F*) showed particularly strong demand.

“We’re seeing collectors finally realize how scarce some of these modern star notes actually are,” said one dealer who requested anonymity. “The BEP production reports confirm tight numbers.”

Notes to Watch

Collectors should keep an eye on:

• 2017A $100 L* (San Francisco) – print run under 640,000
• 2017 $20 F* (Atlanta) – limited availability in high grades
• 2021 $50 star notes – early reports suggest restricted numbers

Not every star note commands a premium. Common runs with millions printed still trade near face value. Always check the BEP’s production tables before assuming scarcity.

The next major currency auction is scheduled for January 15th. Pre-auction estimates suggest continued strength in the modern star note segment.