You can use a formula-based approach if you wish.
It hinges on the EVALUATE() function which will not work in cell formulas, but WILL work in a Named Range. EVERYONE can do this, EVERY version of Excel. Just type "=EVALUATE(" in a cell and it will look like it isn't available, but do it right, in a Named Range and it's good.
So create two Named Ranges, one for each condition. Call one "Formula" and create a Named Range with this in the "Refers to" box:
=EVALUATE(FORMULATEXT(Sheet1!A1))
and create another Named Range called "NotFormula" giving it this in the "Refers to" box:
=EVALUATE(SUBSTITUTE(Sheet1!A1,"*",""))
(If you select the cell next to the cell to work on, A1 assumed here, so park yourself in B1 while creating those Named Ranges which, if you'll notice, use relative referencing. Choose where to be parked based on where the helper column will exist.)
Then use a "helper column" (etiher right there in the spreadsheets by the inputs, or on another sheet, even one added for this and then deleted. Enter the following formula in it:
=IF(ISFORMULA(A1),Formula,NotFormula)
If it IS a formula, then Formula is the result. If it is not, then `NotFormula is the result.
Formula gets the result of FORMULATEXT() and evaluates it, turning the text string it gives into an actual formula, at least in result if not "technically" so. It's the only non-macro way I know of achieving that.
NotFormula simply uses SUBSTITUTE() to replace the asterisks. No need for the Find and Replace requirement of putting a tilde before the asterisk. Bear in mind that this process would produce a string in your example since the "1.43" would end up preceded by a space, but this method will make it a real boy, I mean a real number. Might be what you want, might not. If not, in the Named Range, wrap the function in a TEXT() function to preserve that space.
So, has to have a helper column. That means that if you do not want original and result side by side, but rather replacing the original, you'd need to copy and paste values over the original data, then delete the helper column. If you DO want side by side result and original, you're gold already.
Remember though, you DO have EVALUATE() available, you just can't use it in cells. You have to use it inside a Named Range.
Also, they have been saying for 27 years it could go away. If the "27 years" part does not convince you it is future-safe to use, there are some signs that other things depend on the old Excel 4 macro functionality, what underlaid those functions, not the functions themselves, and that Excel can never really ever get rid of them. So...