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- 110 Washington, D.C.. April 1, 1919, $1,000, P-Unlisted ...
Lotto 110 - Asta 50 - The Milestone Auction
111
War Finance Corporation, 1919 Specimen $1000 Bond.
Stima:
2.000,00/4.000,00 $
Base d'asta:
1.600,00 USD (1.492,54 €)
Offerte
Stato lotto:
Asta chiusa
Descrizione
Washington, D.C.. April 1, 1919, $1,000, P-Unlisted Specimen War Bond, 5% Gold Bond Series A, Due April 1, 1920. "Principal and interest payable At The Office of the Corporation in Washington, D.C." ABNC. A Treasury Bond rarity. Printed by the ABNC. The War Finance Corporation was a government corporation in the U.S. created to give financial support to industries and banking institutions essential for World War I. The corporation was created by a Congressional act of April 5, 1918, and abolished on July 1, 1939. Since government borrowing to pay for the war had attracted a majority of private capital, little capital was available for corporations to borrow; the War Finance Corporation was designed to make such capital available. After the armistice in late 1918, the Corporation assisted in the transition to peacetime by financing railroads under government control, and making loans to American exporters and agricultural cooperative marketing associations. Facsimile signature of Carter Glass as Chairman and who also was the Secretary of the Treasury from 1918 to 1920. he co-authored the Glass-Steagall act which enforced separation of investment banks from commercial banks. Rare bond with only 3 found in the ABN Archives (Ex-John Herzog Collection)
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