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Postal Savings Certificate

 
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Author Previous TopicReplies: 10 / Views: 481Next Topic  
Valued Member
United States
103 Posts
 Posted 08/03/2022  08:56 am Show Profile   Bookmark this topic Add Skippy Topaz to your friends list Get a Link to this Message
Saw a one dollar version of this Postal Savings Certificate at a Flea Market yesterday (this image is from the web, I couldn't get a good picture of the one I saw because it was in a glass case and obscured by some other items) .. the one I saw didn't appear to be issued as there was no dates stamped on the right side..

Anyway.. I had never seen one before and was curious if it falls under the category of Currency or Bonds etc since it sort of looks like a dollar bill

Pillar of the Community
United States
3812 Posts
 Posted 08/03/2022  10:49 am  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Interesting. I have a friend on a different forum that's an expert on Postal Notes. I messaged him with a link to this thread. I'll let you know what he thinks when he answers my message.
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United States
704 Posts
 Posted 08/03/2022  11:57 am  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
They are more in the nature of a bond in that they are interest bearing instruments that are not transferable nor negotiable.

They have no monetary value any longer even to the holder. The post office ended the program in the late 1960s and sometime in the 1980s and there was a deadline to redeem them.

There are many different series starting with the Series of 1911.

Here is a ling to a well-illustrated pdf of the different varieties.

https://www.rfrajola.com/Liebson1/Liebson1.pdf
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United States
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 Posted 08/03/2022  12:07 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
Thanks Jim.
My friend messaged me letting me know that his research on postal notes concludes with notes issued through December 31st 1900.

Member Lettow's answer/comment is on point.
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United States
116290 Posts
 Posted 08/03/2022  12:22 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Very nice!


Quote:
They are more in the nature of a bond in that they are interest bearing instruments that are not transferable nor negotiable.
I am assuming that is true, so this topic was moved to the appropriate forum for the proper attention.
Valued Member
United States
103 Posts
 Posted 08/03/2022  2:13 pm  Show Profile   Bookmark this reply Add Skippy Topaz to your friends list Get a Link to this Reply
Very cool, thanks for all the info :)
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704 Posts
 Posted 08/04/2022  11:37 pm  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
10+ years on this site and I still cannot figure out how to quote another post.

Quite frankly, it will get more attention in the paper money category. Checks, bonds, etc. gets little traffic.
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116290 Posts
 Posted 08/05/2022  09:14 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
10+ years on this site and I still cannot figure out how to quote another post.
How to Quote


If you are using the Quick Reply box...

1. Type [quote]

2. Paste the text you want to quote

3. Then type [/quote]



If you are using the Reply to Topic link...
1. Paste the text you want to quote

2. Highlight it

3. Then press the 'Insert Quote' button:



So this...

[quote]Quoted Text[/quote]

Looks like this...

Quote:
Quoted Text
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United States
116290 Posts
 Posted 08/05/2022  09:16 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Quite frankly, it will get more attention in the paper money category. Checks, bonds, etc. gets little traffic.
But it is not what it is, no?

I will move it back to get more comments from the paper currency regulars to chime in if it belongs there or not.
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United States
704 Posts
 Posted 08/07/2022  09:17 am  Show Profile   Bookmark this reply Add lettow to your friends list Get a Link to this Reply
I opposed the separate category for stocks, bonds, etc. for this very reason. Esoteric items get buried in a category with little traffic.

Thank you for the quoting tutorial. Every other discussion board I use has a quote button on each post.
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116290 Posts
 Posted 08/08/2022  11:31 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Thank you for the quoting tutorial.
You are welcome!


Quote:
Every other discussion board I use has a quote button on each post.
We made it a little bit more difficult to prevent abuse. Those other discussion boards also allow multiple nested quotes which are too difficult to read and why I am not active on them anymore.
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