Gold Debt Note From 1915 - Coin Community Forum

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Author	Replies: 6 / Views: 1,600
jmwilson Valued Member 240 Posts	Posted 12/28/2017 11:08 am I first found this in the early 1980's while digging through old books at my grandmother's house. I found it again yesterday while digging through a box of old books from my childhood bedroom. Anyway, notice the detailed description on the type of money use to repay the debt. $15 is 5% of $300 ... which is roughly 1.23% per year over 4 years. Report this Post to the Staff

nutmeg Valued Member United States 338 Posts	Posted 12/28/2017 2:19 pm Very interesting. I have never seen anything quite like this before. Report this Post to the Staff
westernsky Pillar of the Community United States 7630 Posts	Posted 12/28/2017 2:47 pm Some type of bond coupon is my guess. Be nice to see a complete bond and set of attached coupons (if that's what it is!). Report this Post to the Staff
jmwilson Valued Member 240 Posts	Posted 12/28/2017 3:27 pm I have no idea what I was thinking when I was reading this. Not sure where I got $300 from... the note says $500. And the period is stated as 6 months. Too much to drink while reading I guess. Report this Post to the Staff
MeadowviewCollector Pillar of the Community United States 4409 Posts	Posted 12/28/2017 8:50 pm this may get a more comprehensive answer if it was moved to the newly created Checks, Stocks and Bonds subforum that was recently created here on CCF. -MV Report this Post to the Staff
lettow Pillar of the Community United States 742 Posts	Posted 12/28/2017 9:55 pm It is a negotiable interest coupon from a promissory note. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 12/29/2017 4:53 pm Very interesting, new to me as well. Report this Post to the Staff
	Replies: 6 / Views: 1,600

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