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 57 159 February 13,2020 Archives International Auctions www.archivesinternational.com 989 989 1919 Victory Liberty Loan $1,000.00, 4 3/4% Convertible Gold Note Due 1923 . Rare and Scarce in this Denomination and Series. Washington, D.C., 1919, $1,000, United States of America, Victory Liberty Gold Note $1,000.00 Gold Note of 1922-1923. Choice Very Fine, Printed by the BEP. Issued to help fund the “Doughboys” journey home from Europe. After the War, inflation began to take effect and interest rates rose from the 4.25% rate of interest paid on the 4th Liberty Loan Bonds to 4 3/4% on these Federal Notes. Coupons 5-8 are attached as originally issued. Coupons 1-3 were redeemed and coupon #4 is re-attached. Bond has Sky Blue undertint with sunburst radiating from the U.S. Treasury Seal. Martyred President Lincoln pictured in top center flanked by $1,000.00 denomination on right and left. Embossed Treasury Seal. Reverse of Treasury Note is “Money Green” with Heraldic Eagle design that is very much similar to the reverse on the 1918 Series of the Federal Reserve $1.00 Large Size Banknote. As was stated in a prior auction, the prior owner, John Herzog was only able to locate this Note after many years of searching. Another may take many decades more to secure. (From the John E. Herzog Collection). ��������������������������������������������������������������������������������������������������� Est. $18000-25000