The notion of a * -ordering on a skew-field with involution was introduced by S. Holland in [J. Algebra 101 (1986) 16-46] as an analogue to the notion of a total ordering on a skew-field and developed further in a series of papers of T. Craven, I. Idris, M. Marshall and T. Smith. While it is well known that every free skew-field has a total ordering (see [J. Lewin, Trans. Amer. Math. Soc. 192 (1974) 339-346]), it has not been known so far whether every free skew-field with some natural involution has a * -ordering. The aim of this paper is to give an explicit construction of a class of * -orderings on free associative algebras and to prove that * -orderings from this class extend uniquely to the corresponding free skew fields. The problem was posed by T.