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    Description

    $5,000 U.S. Treasury Bearer Bond 1960 PMG Choice Very Fine 35.
    A second $5,000 20 year bearer bond issued on October 3, 1960 and due on November 15, 1980 is offered in this lot. All coupons have been redeemed on this bond, but the bond proper is still redeemable for its capital sum of $5,000. The redeemable information in the previous lot also holds true for the bearer bond in this lot. The Tax Equity and Fiscal Responsibility Act of 1982 outlawed the new issuance of United States bearer bonds. All bearer bonds issued by the United States Treasury have since matured. The example in this lot has a couple of vertical folds that the piece in the previous lot does not have, plus a few more staple holes, but is still desirable. Sometimes in cases like this, with similar, unusual items that seldom appear at auction, the second offering may hammer for more than the first.


    Auction Info

    Auction Dates
    April, 2021
    21st-23rd Wednesday-Friday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 273

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