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The 2001 $50 STAR Federal Reserve Note from the Richmond Federal Reserve Bank is a noteworthy piece of American currency, especially valued among collectors for its unique characteristics and limited availability. STAR notes are special replacements for regular notes that are issued when there are printing errors or damaged notes. These notes are denoted by a star symbol at the end of the serial number, which serves as an identifier that indicates its status as a replacement note. The introduction of STAR notes in the U.S. currency system adds an intriguing element to the world of numismatics, making them highly sought after by collectors.
The design of the 2001 $50 Federal Reserve Note reflects the iconic style of U.S. currency, featuring the portrait of Ulysses S. Grant, the 18th President of the United States, on the front. Grant's likeness is prominently displayed in the center, showcasing his serious expression and the rich details of his military uniform. Surrounding the portrait are intricate patterns and a border that highlight the craftsmanship involved in the note's production. The note also incorporates modern security features, including a watermark and security thread, designed to prevent counterfeiting and enhance the note's integrity.
The reverse side of the note depicts a vignette of the U.S. Capitol, symbolizing the legislative branch of the U.S. government. This imagery serves as a reminder of the democratic principles that underpin American governance and the role of the Capitol in shaping the nation's laws. The overall design is both functional and symbolic, merging the practical aspects of currency with the ideals of American democracy.
Regarding minting, the 2001 $50 STAR Federal Reserve Note was part of a larger print run by the Bureau of Engraving and Printing (BEP). Although specific mintage figures for STAR notes can be challenging to determine due to their nature as replacements, it is widely recognized that their limited release contributes to their rarity. Collectors often seek these notes not only for their monetary value but also for their historical significance and the stories they carry within their serial numbers.
The 2001 $50 STAR Federal Reserve Note from Richmond, housed in a Bureau of Engraving and Printing folder, serves as both a collectible item and a functional piece of currency. Its rarity, combined with the significance of its design, makes it a coveted addition to any numismatic collection. Collectors appreciate the combination of aesthetic appeal and historical context, and this note stands as a testament to the rich tradition of American currency production and the evolution of its design over time.