$200 November 45 E bond sells on eBay for $1,125
Thursday, February 8th, 2007
Categorized as: Savings Bond FAQ
A $200 Series E Savings Bond issued in November 1945 has apparently sold for $1,125 on eBay.
The same seller has other Savings Bonds on offer, but so far none have a bid above $25.
The redemption value of the November 1945 bond, which stopped paying interest in 1985, is $915.44. Of course, only the owner of the bond or the owner's legal heirs can redeem it.
A Savings Bond registered to someone you don't know has no intrinsic value to you other than as a collectable.
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Out of curiosity, has the Treasury *ever* issued bearers bonds? (i.e. bonds redeemable by the bearer)
Rico - according to Steve Meyerhardt, who's with the Treasury's press office:
i have a 'POSTAL SAVINGS PLAN FOR THE PURCHASE OF UNITED STATES DEFENSE SAVINGS BONDS' ALSO SAYS 10 CENT STAMPS ON IT. ON THE BACK IT HAS PRINTED 'FORM PS 333-10A' AND 'U.S. GOVERNMENT PRINTING OFFICE:1941'
can you give me any info. on the value of this? and an outlet for possible buyers?
It seems that this document doesn't worth the paper it is printed on. Recent ebay auctions show that the highest price is only $3.25
Like you, Mike, I've always suspected this might be a fake transaction.
Tom Adams
I have a 10 cent stamp book titled "Postal Savings Plan for the purchase of United States Defense Savings Bonds"…the info on the back is Form PS 333-104 411476 US government printing office 1941….the booklet has $2.20 worth of 10 cent stamps inside….I am interested in selling the item….
Barbara - the Treasury will cash it in for you, but I doubt you'll find anyone willing to pay more than that for this. There's more info here.
Tom Adams
I also have a United States Defense Savings bond booklet. Form PS 333-10A U.S. Government Printing office: 1941. I was curious if it was worth more being full? it has all $5.00 worth of 10 cent stamps.