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    Description

    $100,000 Treasury Bond

    Serial Number 9 $100,000 United States Treasury Bond Due August 15, 1963 PCGS Choice About New 58.
    One of the few remaining $100,000 bonds that is available to collectors for less than face value, this bond's storied history reveals why it is unredeemable. A very small number of bonds were purchased by the First National Bank of Boston and stored in its branch's vault in Havana. Soon after Fidel Castro solidified his power in Cuba, the bonds were rendered worthless by the United States Treasury and reissued "in absentia" to the First National Bank of Boston. How and when these bonds made their way out of Cuba remains a mystery, but they represent a tiny numismatic treasure for collectors to appreciate and study. As we study it at our desk, we see a well-margined example that exhibits natural paper wave.


    Auction Info

    Auction Dates
    August, 2016
    11th Thursday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 1,499

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