Second Liberty Loan Converted 4 1/4% Gold Bond of 1927-1942 - $100 2nd Liberty

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Second Liberty Loan Converted 4 1/4% Gold Bond of 1927-1942 - $100 2nd Liberty:
$14120.00

Second Liberty Loan Converted 4 1/4% Gold Bond of 1927-1942. A liberty bond, also known as a liberty loan, was a type of war bond issued in the United States to aid the Allied forces during World War I. Purchasing these bonds became a representation of patriotic responsibility for many Americans and introduced the concept of financial securities to a significant portion of the population for the first time. The 2nd Liberty Loan Act set a total cap of $15 billion on government bonds, permitting an additional $3 billion to be offered at a 25-year term with a 4% interest rate, redeemable after 10 years. Ultimately, the loan amounted to $3.8 billion, with 9.4 million individuals acquiring bonds. Item ordered may not be exact piece shown. All original and authentic.