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District of Columbia - $50

Inv# GB5571   Bond
District of Columbia - $50
State(s): District Of Columbia
Years: 1873
$50 8% Bond. Mounting traces. Rare! Smaller size measures 9" x 4 14".
Condition: X.F.

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $300.00