50 Dollar Fourth Liberty Loan Gold Bond of 1933-1938 - 1918 dated $50 US Treasury Bond - Gorgeous Front and Back
Inv# TB1047 Bond
Fifty Dollar Fourth Liberty Loan 4 1/4% Gold Bond issued between 1933 and 1938. A Liberty bond, also known as a liberty loan, was a type of war bond offered in the United States to finance the Allied efforts during World War I. Purchasing these bonds became a representation of patriotic responsibility among American citizens and introduced many to the concept of financial securities for the first time. The fourth Liberty Bond featured the following specifications:
- Date of Bond: October 24, 1918
- Coupon Rate: 4.25%
- Callable Starting: October 15, 1933
- Maturity Date: October 15, 1938
- Initial Amount Offered: $6 billion
- Total Amount Sold: $7 billion
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
Ebay ID: labarre_galleries