This note is for a Texan and a collector of Texas paper money. Republic of Texas and Government of Texas notes are available for $200-$1000 on eBay and other auction houses. They are not common, but not rare either since the massive release of Texas documents out of Austin in the 60's and 70's, they too are signed by Houston and Smith, sort of. Sam Houston's hand was hurt as many know and he had his assistant or scribe sign them, Smiths signatures are real. What I am about to offer, a STAR note, has never for sale has never been on eBay as far as I know of and there are 6 $100 STAR notes known authentic. Medlar doesn't really cover them, Schull has general prices, no variations in his book. Olsen goes into much more detail and prices w/ variations in his book. Per him it is a H9A R8 (in reality it is listed in Texas guides corrected as R10, so 5-9 known), it has been document of 4, as 2 were duplicates, this is in the 4. It is grade EF+ based on Texas currency and PCGS looked a it as a show and called it AU, per Texas note standards.
Regardless I think everyone agrees VF+. If you have Olsen you know how rare this is, it is the rarest $100 note known and 2nd in the STAR known variations. VF list at $4,000 in today's market. The note is 100 percent real of course but more rare it is 100 percent there. These are all cut cancelled and most of the time, triangles are missing. This is the finest Texas STAR I have ever seen and I have been following them in public and private sales since 2000. Not only is this super rare, the history of the note is amazing. I will go into more detail with potential buyers but this was issued to one of the first Texas Rangers for driving and keeping Indians out of the Texas territories. At $1.50 per day for this job this is 2 months salary!
This is the only known STAR issued to a Texas Ranger, period, so it doesn't get much more than that. Less than 1% of the original notes are thought to exist and with a total issue of less than 1500 over 3 years for all denominations and types that means 10 or so would exist, which seems about right. A few $50's and $100's get recycled at auction, if you look at the last 4 or 5 years of auction results, it is the same 4 notes and the most commone, not that any are common, but most common variations in VG CC condition. with $5's, $10's and $20's coming up once every 10-15 years. $500's once every 25 years on average for new market notes.
Every STAR denomination note is a R8 or higher, so $5's, $10's, $20's, $50's, $100's and $500's are R8-R10'sThis is for the serious collector, just so you know I am not messing with you and I know my stuff-
-I had the #3 most complete set of Texas Nationals known- if you know what these are you know how many and how much $$$ that is, especially with Texans deep pockets of $$$$
- I built a complete set of Republic and Government of Texas notes, all denominations and major variations
- I built the most complete set of County Script of Texas known
** It took me 9 years to find a high end note, no one of the recycled low end notes that go back and forth at HA to deep pocket collectors thinking they will build a denomination set, laughs, then they find out 80% of these notes are in museums or hard core collections, like the one at SMU and the people behind that collection that own the Texas material market. 9 years with an open check book and being plugged into about every Texas collector and currency broker country wide. $5000 isn't a score, it is below market price for an XF-AU, R-10 even a R-8 variety, R-8 (which is wrong it is a R-9, maybe R-10 as the serial number list makes it R-10) and this should go to firm hands, a collectors hands or to be displayed publicly. These are super rare as you know.
$5,000- If your serious IM me
This note is not in censuses published. Several people know the notes existence and several have wanted to buy it, at the time it wasn't for sale. I covered the serial number as I am not interested in hawks that gather free information on sales and transactions getting the serial number, dding it to the 2 other sales and turning around and charging collectors to access the information. I am more than happy to share it of course with a serious buyer and if the buyer wants to share with census companies they are more than welcome, I won't burn the buyer by sharing it. It is a strong, low digit serial number in red and withing a few of the note published by the books, the $100's ran within a small range that is well known.