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$1000 United States Post War Savings Bond - WWll 1946  

$1000 United States Post War Savings Bond - WWll 1946

Product #: newitem439166804

Normal Price: $995.00
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PRODUCT DESCRIPTION  
Beautifully engraved scarce uncancelled $1000 Savings Bond certificate from the United States of America issued in 1946. This historic document was printed by the Bureau of Engraving and Printing and has an ornate border around it with a vignette of Abraham Lincoln and has a red treasury seal. This item has the printed signature of the U.S. Secretary of the Treasury, Fred Vinson and is over 72 years old. Condition is fine with light folds from storage. Signed on back then crossed out. $500 bonds are much scarcer than the $25, $50 and $100 denominations.

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$1000 Savings Bond


In 1941, in an effort to control inflation, the U.S. Treasury began marketing the new Series E bonds U.S. Savings Bonds as "defense bonds". The government used the hype of the war to market the bonds to the country as a way to raise money for the war, when in fact they were used to remove money from the economy to control inflation. The first one was sold to President Franklin D. Roosevelt on May 1, 1941, by Secretary of the Treasury Henry Morgenthau. After the formal entry of the United States into the war in December of that year, these bonds became known as "war bonds". These bonds were simply the latest offering of the U.S. Savings Bonds program that had begun in 1935, which replaced U.S. Postal Savings Bonds, and continues to this day. However, the mood of the nation at that time allowed the U.S. government to market Series E bonds as "war bonds", "war loans", "victory bonds", and by other names meant to appeal to a sense of patriotism.

This bond was issued 11 months after the end of WWII.

History from OldCompany.com (old stock certificate research service).

Product #: newitem439166804

Normal Price: $995.00
Our Sales Price: $795.00

(You Save: 20%)

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