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    Description

    Extremely Rare $10,000 Treasury Note

    $10,000 United States Treasury Note Series B Aug. 16, 1976 Due Aug. 15, 1986 PMG About Uncirculated 53.
    An exciting pay to bearer Treasury Note that paid 8% interest is in this lot. It still has four coupons attached. Heritage has not investigated if it is still redeemable for its face amount of $10,000. Bearer bonds have not been issued by the United States Treasury since 1986 and the issuance of most other paper bonds was discontinued on January 1, 2012. They were replaced with electronic savings bonds. Now, paper bonds and especially bearer bonds, represent a bygone era of American financial history. The closest comparison that we can find in our archives is when we auctioned another $10,000 bond paying 7 5/8% interest and due in 2007. That ungraded example realized $16,100 in September, 2003. With that in mind, we see this noble numismatic item with minor repairs and pinholes realizing in the neighborhood of...


    Auction Info

    Auction Dates
    January, 2020
    8th-14th Wednesday-Tuesday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 572

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