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U.S. Federal Bond, "Act of Congress of February 8, 1813" Remainder Bond form.

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:750.00 USD Estimated At:1,000.00 - 2,000.00 USD
U.S. Federal Bond,  Act of Congress of February 8, 1813  Remainder Bond form.
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750.00 x 1 unit = 750.00USDApplicable fees & taxes are added at checkout.
[?]Live Online Auction Starts In 2025 Mar 26 @ 11:00 (UTC-5 : EST/CDT)
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The auction will take place on March 26, 2025 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
Washington, D.C., 1813, $-Odd, Remainder bond form, Counterfoil on left with denomination security numbers, U.S. Federal arms of Eagle holding arrows and olive branch, "E Pluribus Unum" in ribbon and stars on top, No S/N, 14x 7 inches, back has area for keeping track of transfers and amounts, Issued During the War of 1812, this bond was created to help finance the War of 1812 (1812–1815) between the United States and Great Britain. The U.S. government needed funds to sustain military operations, including paying soldiers, acquiring supplies, and funding naval engagements. The bondholder would receive 6% annual interest, which was a relatively high return for the time with payments made in quarterly installments. This bond represents how the U.S. government managed war financing before the Federal Reserve system existed, and the structure of this bond (interest payments, government-backed security) laid the foundation for later government bonds, including U.S. Treasury bonds today. Historic bond issued during the infancy of our country. The bond appears to have been repaired, possibly from 2 different bonds with water damage at the right vertical 1/4 of the bond. Rare in any condition.