Anyone here have know about old bonds?
BXBOY143
Posts: 1,110 ✭✭
Anyone here have know about old bonds?
I have three(3) old bonds and are trying to find info on them can anyone help/direct me to the right place?
thanks
-Pau
I have three(3) old bonds and are trying to find info on them can anyone help/direct me to the right place?
thanks
-Pau
0
Comments
are you looking to see if they are stilll cashable or are you looking for collector value?
sometimes a brokerage can dig up info and tell you if they are still negotiable.
Thanks for your reply
-Paul
that they were paid. The coupons show that some had been paid, and I'd bet that
the bond was recalled and paid off shortly after your last redeemed coupon.
They are really neat. I don't know about the value as a collectible. I would guess
that there is little value. I've researched a lot of old US and State bonds and find
that 99.99% were paid in full. Many of those that were never paid off were terminated
by act of legislature or congress.
For instance, I have a bond issued by the State of Nevada for $1,000 with all coupons
attached. An inherited piece. Never paid and never collected on. Upon exhaustive
research I found that the State Legislature had forced an expiration of the bonds that
had not been redeemed after 50 years. Worthless. Oh well, so much for a great
retirement! If it's too good to be true it probably is.
Good luck,
bob
I'd suggest the following:
1) Post these on the currency forum. Some of the folks that hang out there collect bonds, too.
2) PM member JimFitz. He's with Spink-Smythe, an auction house that often sells bonds. They're likely to have someone in-house who can advise re: the value.
3) Contact George LaBarre at LaBarre Galleries in Hollis, NH. He's one of the most active bond dealers around, and (sometimes) handles international issues such as these, as well.
Looks like you have some nice ones there. Foreign bonds don't usually bring as much as US, but who knows?!?
Good luck!
Edit to correct typo
Scripophily.com
<< <i>I'd suggest the following:
1) Post these on the currency forum. Some of the folks that hang out there collect bonds, too.
2) PM member JimFitz. He's with Spink-Smythe, an auction house that often sells bonds. They're likely to have someone in-house who can advise re: the value.
3) Contact George LaBarre at LaBarre Galleries in Hollis, NH. He's one of the most active bond dealers around, and (sometimes) handles international issues such as these, as well.
Looks like you have some nice ones there. Foreign bonds don't usually bring as much as US, but who knows?!?
Good luck!
Edit to correct typo >>
Hi, thanks for the info I Just spoke with JimFitz from Spink-Smythe auction house
afterward I called Chris LaBarre from LaBarre Galleries in Hollis, NH he's Georges son I spent about a 1/2 hour talking with him on the phone he's Georges son
The info I received is quite interesting......Jim from Spink-Smythe told me he thinks the value for all three(3) are about $15-$30 each bond.....
the part I find to be interesting is Chris Labarre from LaBarre Galleries.... after speaking with him for a half hour told me he would give me $1000 for all three(3) bonds and that the bond dated 1899 is the rarer of the three(3) of the bonds that I have....
I went on to Labarre Galleries website and search to see what the have as far as Mexican bonds and found this....1899 Repulica Mexicana
I also decided to give eBay a shot after I got a little bit more information and I found this auction on eBay......Another 1899 Republica Mexicana bond
I did a little bit more searching on Google and found this posting on this website from George Labarre....... for Republica Mexicana of 1899 issue bondsMexican bonds for sale from Goerge Labarre
I have still yet to find out anything about the bonds from 1907 & 1910 but the bond I have that is dated 1899 has really got me
On the Labarre galleries website it says price on request for the 1899 bond and on the website in the post George Labarre posted it says....
Republica Mexicana of 1899 issue.
1 Bond £500 Series B, Brown - $150,000
9 Bonds £200 Series C, Blue - $60,000 each
36 Bonds £100 Series D, Olive - $30,000 each
26 Bonds £20 Series E, Green - $8,000 each
The 1899 bond I have appears to be a Republica Mexicana of 1899 issue £200 Series C, Blue
I would like to sell these but I have no idea what to do due to getting different $$ values in a very wide range ......
should I speak with George Labarre and see what he would have to say in regards to value???
Any suggestions are greatly appreciated.
-Paul
Perhaps you got real lucky with at least the one bond from 1899.
Hope the four figure value is correct (or maybe the 5 figure??).
Take care of them, condition does matter for sure.
bob
<< <i>
On the Labarre galleries website it says price on request for the 1899 bond and on the website in the post George Labarre posted it says....
Republica Mexicana of 1899 issue.
1 Bond £500 Series B, Brown - $150,000
9 Bonds £200 Series C, Blue - $60,000 each
36 Bonds £100 Series D, Olive - $30,000 each
26 Bonds £20 Series E, Green - $8,000 each
The 1899 bond I have appears to be a Republica Mexicana of 1899 issue £200 Series C, Blue
I would like to sell these but I have no idea what to do due to getting different $$ values in a very wide range ......
should I speak with George Labarre and see what he would have to say in regards to value???
Any suggestions are greatly appreciated.
-Paul >>
For the 1899 at least, consign it to a major bond auction house and see what you can get for it.