April 12, 2024
German Government 1000 US$ Gold Bond Young Loan 1930 in default, speculative
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German Government International Loan 5 1/2%; 1000 US$ Gold Bond,1930 Due June 1th 1965 Uncancelled with 41 coupons "PRINCIPLE AND INTEREST PAYABLE AT THE OFFICE OFJ.P. MORGAN & CO. IN THE BOROUGH OF MANHATTAN,City of New York Interest payable at 1th of June and Dezember.According to Moody's Governments and Municipals by John Moodyin default, still unpayed redemtion by the German Government is expected International bidders wellcome! payment by paypal Shipping to US and overseas = 5,50 $. By DHL International Express = 75 US$ more details about the Young Bonds Speculating on Germany's Past Soldiers of Fortune By Christoph Pauly and Wolfgang Reuter During the 1920s, the cash-strapped German government acquired foreign capital through loans. Germany did not pay all of its loans back though, and the remaining bonds could be worth billions today. Now soldiers of fortune, speculators and lawyers are launching a money-hungry onslaught on Germany's central bank. Now the bonds cast their magical spell on speculators and soldiers of fortune, and for a good reason: The loans have to be repaid in "gold coins from the United States, with the standard weight and fineness applicable and valid on Oct. 15, 1924." According to well-versed lawyers and financial mathematicians, a $1,000 bond from those days would be worth $840,000 today --
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