Skip to main content
Go to accessibility options


    3% $50 Adjusted Service Bond of 1945.
    This is a most interesting United States Bond that was paid in 1936 to World War I veterans. These instruments were the culmination of a long struggle by many veterans to obtain payment of bonuses promised after the end of the First World War. The "Bonus Army," whose march on Washington ended in a contentious melee when regular army troops commanded by then Colonel Douglas MacArthur ousted them from their Washington campground, had long agitated for these bonds to be issued, which they were after approval by Congress in 1936. These bonds were given upon application only to veterans of the War, in an amount based on length of service between specified dates. They were redeemable only by the veteran or his estate, with each bond containing space on the reverse for four fingerprints from the right hand of every applicant for payment, a feature we have seen on no other government obligation of any kind. The final maturity date was June 15, 1945, and they drew no interest unless held for one year. Likely because of their issuance during the depths of the Great Depression, and their many restrictions, most all of these bonds were speedily redeemed. Treasury Seal embossing is deep and the margins are wide. Choice Crisp Uncirculated.

    Auction Info

    Auction Dates
    April, 2009
    21st Tuesday
    Internet/Mail Bids: 1
    Lot Tracking Activity: N/A
    Page Views: 877

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Sold on Apr 21, 2009 for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2022 April 22 Paper Money Fair - Netherlands World Banknote Signature® Auction - .

    Learn about consigning with us

    Thank you for your quick response. I am a member of Heritage Auctions and I am happy to say that it is truly a great platform.
    Mohammed J.,
    Durban, KZ
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search