Skip to main content

State of Tennessee - $1,000

Inv# GB5561   Bond
State of Tennessee - $1,000
State(s): Tennessee
Years: 1867
$1,000 6% Bond printed by National Bank Note Co., New York. 8 rows of coupons remain. Act of Mar. 13, 1868. Issued July 1, 1868, CR-68A. Rare! Some repairs.
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.
Price: $500.00