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Philippines - Government of the Philippine Islands $1000 Public Works Loan of 1922 Bond.

Currency:USD Category:Coins & Paper Money Start Price:525.00 USD Estimated At:750.00 - 1,500.00 USD
Philippines - Government of the Philippine Islands $1000 Public Works  Loan of 1922 Bond.

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Auction Date:2011 Mar 24 @ 11:00 (UTC-4 : AST/EDT)
Location:3 WEST CLUB, 3 W. 51st Street, New York, New York, 10019, United States
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The auction will take place at the 3 WEST CLUB at 3 W. 51st Street (at Fifth Avenue), New York, NY 10019
Washington, D.C. and Manila, Philippine Islands, July 15th, 1922. $1000, 30 Year, 4 1/2% "Irrigation and Permanent Public Works Loan of 1922 due 1952 - Act of the Philippine Legislature Number 3013". Issued and handstamp and punch cancelled, Green border and green underprint with allegorical seated woman with shield, S/N 6472, "VOID" cut cancelled into bond on right side, Speelman facsimile signature on bottom middle, 10 coupons attached to bottom and left side that are punch and ink cancelled, bond back has text "Act of Congress, Aug.29, 1916, July 21, 1921, May 31, 1922 - Coupon Bond Number 6472 - The Government of the Philippine Islands. Text of the bond states "This bond is issued in accordance with the provisions of an Act of Congress Approved Aug.(29, 1916) entitled "An Act to declare the purpose of the people of the United States as to the political status of the people of the Philippine Islands and to provide a more autonomous government for those Islands" as amended by an Act of Congress approved July 21, 1921 as amended by an Act of Congress approved May 31, 1922.....exempt from taxation by the Government of the U.S.....Washington, 1922". Overall condition is VF with toning with multiple Punch cancels on the bond and a punch "VOID" cancel. Bureau of Engraving and Printing without imprint. BEP. Rare Philippine bond.