Archives International Auctions Sale 57 U.S., Chinese & Worldwide Banknotes, Scripophily, and Security Printing Ephemera and Historic U.S. Liberty Loan Bonds February 13, 2020

Archives International Auctions - Sale 57 157 February 13,2020 Archives International Auctions www.archivesinternational.com 986 986 United States of America $50.00, Third Liberty Loan 4 1/4% “Long Coupon” Gold Bond of 1928. Washington, D.C., May 9, 1918, $50. United States of America Third Liberty Loan of 1928 Coupon Bond. This Bond unlike it’s predecessor in the next lot is a “Long Coupon Bond” The Coupons ran from #5 through #21. With its’ vibrant “Candy Apple” Red color, this Bond from the Third Liberty Loan issued May 9, 1918 is a favorite of both Currency and Non- Collectors, especially when framed. The obverse as mentioned bright and strong red inks with a blue U.S. Treasury seal. Engraved Treasury signatures and strongly Embossed Treasury seal. Note please that the red color seen on the reverse is NOT Bleed through due to dampness. It is due to the strong inking on the front. Vignette of Jefferson on front and a “watchful” American Bald Eagle on the reverse. A beautiful Bond. Printed by the BEP.������������������������������ Est. $2500-3500 987 987 United States of America $500.00, Fourth Liberty Loan Gold Bond of 1933-1938. Issued October 24, 1918. ChoiceVery Fine. Washington, D.C., October 24, 1918, $500. Fourth Liberty Loan Gold Bond of 1933-1938, Issued less than one month prior to the end of the “Great War” this $500.00 Fourth Liberty Loan is not only rare and possibly unique in public hands, it represented almost 25% of the annual salary of the Middle-Class working American at the time. In terms of a conversion to gold (if possible today, though it is not) the value at $20.00 per Troy oz. of gold, would be in excess of $35,000.00 in today’s gold value. Large Green Sunburst in the center the bond on the obverse, Washington vignette top center. Coupons 23-40 present, Treasury engraved signatures with embossed U.S. Treasury Seal. It is quite amazing to your cataloguer that this bond representing such a vast sum of wealth was not redeemed during the depths of the Great Depression just 2 short years after the last coupon was redeemed. Gun Metal Blue ink back with Justice draped with the American Flag, holding scales. Like the other high denomination bonds in this sale, should you miss purchase now, you may never see these bonds available again for quite some time or even your lifetime. Printed by the BEP. (From the Collection of John E. Herzog).��������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������������� Est. $9000-12500