Monday, December 7, 2009

Treasury Bonds in Your Sock Drawer, Perhaps?

Do you have US Treasury Bonds sitting around, maybe in your Safe Deposit Box? They're the boring gifts that are worth half of the face value when you receive them - try explaining to your child that though it ***says*** it's a $100 Bond, it will only be worth that when the kid is an adult! Talk about deferred gratification.

Apparently there are $17 billion in unredeemed Series E Savings boond, sold from 1941 to 1980. If you bought or received one from 1973 on, here's a data base to check, using your social security number. I did a quick check and yes, it seems we cashed in our wedding gift bonds.
Anyone know how to check bonds that are newer than 1980? In any event, cashing them is a good idea.

1 comment:

petrenkov said...

It is rather interesting for me to read this blog. Thanx for it. I like such themes and everything that is connected to them. I definitely want to read a bit more soon.

Best regards
Darek Wish