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    Description

    $1,000,000 U.S. Treasury Bearer Bond

    $1,000,000 U.S. Treasury Bearer Bond. A $1,000,000 thirty year U.S. Treasury bearer bond with twelve coupons affixed which was issued in February of 1977 and called on February 15, 2002. Issued at its face value of $1,000,000, it is still redeemable for this amount and will be until 2047. Bearer bonds have not been issued by the Treasury since 1986, and all bonds issued today are in book entry form, registered to specific individuals or institutions. Prior to selling the Taylor Family Collection we have never had the privilege of offering a bond in this denomination, and we doubt whether enough exist in this unredeemed form that we ever will again, as the cost of keeping this bond as a collectible is one that few in the numismatic fraternity are likely to assume. If you are looking for an item that will afford you the ultimate in "bragging rights," this is definitely an item you should bring home this evening.

    Auction Info

    Auction Dates
    February, 2005
    18th-19th Friday-Saturday
    Bids + Registered Phone Bidders: 20
    Lot Tracking Activity: N/A
    Page Views: 57,149

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