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Name: US CURRENCY 1870s LOUISIANA $5 "BABY" BOND CRISP CU
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Category: Coins & Currency
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Description: This is a distinctively different item from regular US Currency. It is one of the HARDER TO FIND, SMALL SIZE STATE BONDS, the 1870s BOND from LOUISIANA, in good condition in my opinion, but you can judge for yourself to make the final decision with the photograph above. It has the of small portrait of a young child. This was a marketing idea to urge people in Louisiana to invest for their childrens' future during the post Civil War times when times were both tough and uncertain. It was issued in 1870s while Grant was the President. After investing an initial payment a buyer could collect 7 1/2 Cents each year as interest and in 1886 you could collect $5, much like modern US Savings Bonds today. The note is crisp and very clean and a good looking little note, with 4 full corners and it has good color contrast. It has no folds, no edge wear, and it has no tears. This is a super nice example of an old monetary instrument especially for a post Civil War item which are often very worn out when they are found. Nice for display. It has four coupons still attached to the actual bond. So if you need it to add something special to your currency collection this may be just the opportunity, don't let it slip by.
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Condition: good with presumed cancellation with two hole punch
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Selling Price (USD): $ 32.00
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Location of Item: Elkhart, Alabama 46516
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Shipping Costs (USD): $ 3.00
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