Tag Archives: star notes

The Stars of US Currency – Replacement Notes

By | October 16, 2016

Star Notes Prior to 1971, the United States of America’s monetary system was on the “gold standard”, meaning that U.S. Fedreal Reserve notes were backed by real gold. In fact, until 1934, United States banknotes were redeemable for gold. Think of it like the Government’s checking account backed by a tangible commodity stored at Ft.… Read More »