Found Several War Savings Bonds - Coin Community Forum

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Author	Replies: 9 / Views: 6,287
MontCollector Pillar of the Community United States 2403 Posts	Posted 01/29/2017 11:51 pm After losing my Father in 2006 and mother in 2014, I am still finding surprises going through their stuff. This evening I found a small folder hidden in the attic. In it were several of these. They have my fathers name on them. Not sure what they are worth today, but thought it was a pretty cool find. Edited by MontCollector 01/29/2017 11:55 pm Report this Post to the Staff

SteveInTampa Pillar of the Community United States 4637 Posts	Posted 01/30/2017 05:29 am I read somewhere that series E bonds were issued only in registered, physical form and are not transferable. Cool find and keepsake. Sorry to hear about your parents Report this Post to the Staff
lettow Pillar of the Community United States 742 Posts	Posted 01/30/2017 10:56 am It written on the face of the bond. They can be redeemed by the heirs of the registered holder. Redemption value for a $25.00 is about $100.00. This exceeds the collector value for most small size $25.00 bonds. There are some varieties or issuing agents that can affect the collector value of a bond. The one in the OP is a reissue. The original bond was purchased in February 1942 probably as a Defense Bond. For some reason, a change was requested in 1945, the original was surrendered and this one issued in its place. This was usually to change a beneficiary. Or the original was lost and this one replaced it. Report this Post to the Staff
Bud250r Pillar of the Community United States 824 Posts	Posted 01/30/2017 11:25 am I went through the same scenario several years back. As executor I had to show the death certificate and then was allowed to cash them in. Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 01/30/2017 12:34 pm I'm thinking a cash in would be preferable, money wise. It depends on how attached you are to them because of the family ties. Report this Post to the Staff
MeadowviewCollector Pillar of the Community United States 4409 Posts	Posted 01/30/2017 12:45 pm The Treasury Department has an online calculator that allows a person to determine what the redemption value for paper savings bonds. https://www.treasurydirect.gov/BC/SBCPrice They also provide a Redemption table https://www.treasurydirect.gov/indi...ontables.htm If you do decide to cash them in at a bank you might be able to keep the bond as it is an obsolete series. -MV Report this Post to the Staff
hcmusicguy Pillar of the Community United States 814 Posts	Posted 01/30/2017 2:11 pm I cashed a few war bonds as well as some other early 1950s savings bonds for a customer several months ago. It was pretty neat seeing 70+ year old bonds like this. Report this Post to the Staff
lettow Pillar of the Community United States 742 Posts	Posted 01/30/2017 3:27 pm You do not get to keep them if they are redeemed. The redemption agent keeps them. Report this Post to the Staff
MontCollector Pillar of the Community United States 2403 Posts	Posted 01/30/2017 3:35 pm Thanks for all the replies. I think I will cash a couple and keep one. Then send the rest to my sister. Report this Post to the Staff
XavierOfGreen Pillar of the Community United States 2589 Posts	Posted 02/12/2017 7:16 pm It is actually possible to keep them and also redeem them. If they are reported to the Treasury as lost, they can be redeemed without surrendering the physical certificates. There is a form that needs to be filled out, its somewhere on the treasury website. Report this Post to the Staff
	Replies: 9 / Views: 6,287

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