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1960's dated Space Minute Man Savings Bond Promotional Certificate - U.S. Treasury

Inv# CW1029   Bond
Years: 1960's

Fully Issued. Certifies through the ownership of a Savings Bond (the owner) has become a SPACE MINUTE MAN of the United States of America and is thereby helping to preserve the peace of the free world and has made an investment in the future PEACEFUL EXPLORATION OF SPACE. It should be noted that this certificate was given to show appreciation for the purchase of a Savings Bond. Rare!!! Attractive!!!

United States savings bonds are debt securities issued by the United States Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S. savings bonds are considered one of the safest investments because they are backed by the full faith and credit of the United States government. The savings bonds are nonmarketable treasury securities issued to the public, which means they cannot be traded on secondary markets or otherwise transferable. They are redeemable only by the original purchaser, or a beneficiary in case of death.

On February 1, 1935, President Franklin D. Roosevelt signed legislation that allowed the U.S. Department of the Treasury to sell a new type of security, called the savings bond, to encourage saving during the Great Depression. The first Series A savings bond was issued a month later, with a face value of $25. They were marketed as a safe investment that was accessible to everyone. Series B, C, and D bonds followed over the next few years. Read more at https://en.wikipedia.org/wiki/United_States_Savings_Bonds

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Condition: Excellent

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.
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