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$20 Spanish American War Bond dated 1898 - Spectacular Condition

Inv# TB1036   Bond
Country: United States
Years: 1898
Color: Multicolored

$20 3% Loan of 1898 Spanish American War Bond. The Spanish–American War (April 21 – December 10, 1898) began in the aftermath of the internal explosion of USS Maine in Havana Harbor in Cuba, leading to United States intervention in the Cuban War of Independence. The war led to the United States emerging predominant in the Caribbean region, and resulted in U.S. acquisition of Puerto Rico, Guam, and the Philippines. It also led to United States involvement in the Philippine Revolution and later to the Philippine–American War.

The 19th century represented a clear decline for the Spanish Empire, while the United States went from becoming a newly founded country to becoming a rising power. Spain's descent had begun in previous centuries, and accelerated during the Napoleonic invasion, which in turn triggered the independence of a large part of the American colonies. Later political instability, including declarations of independence, revolutions, and civil wars, cost the country socially and economically. The U.S., on the other hand, expanded economically throughout that century by purchasing territories such as Louisiana and Alaska, militarily by actions such as the Mexican–American War, and by receiving large numbers of European immigrants. That process was interrupted only for a few years by the American Civil War and Reconstruction era. Read more at https://en.wikipedia.org/wiki/Spanish%E2%80%93American_War

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: $21,500.00