Redemption value of H bonds
Tuesday, December 21st, 2004
Categorized as: Series HH or H US Savings Bonds
I have a $1,000 Series H U.S. Savings Bond issued in September 1955. How do I find out the value? All Savings Bond Calculators that I have tried do not have Series H as a selection.
Tom’s response
Series H and HH bonds are worth their face value when redeemed, so your bond is worth $1,000. It stopped earning interest years and years ago – you should cash it in.
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Virtually every question about Savings Bonds has been asked and answered on this site multiple times. Use the search feature (see the box in the gray area near the top of this page) or the detailed menu on the lower part of the home page to find the information you're looking for. If you have a copy of Savings Bond Advisor, you can ask me a question here.
Tom Adams
I need to cash in 2 HH bonds. Where do I get the forms? The banks don’t seem to be able to help me this anymore.
Connie – The information you’re looking for is here: If your bank won’t handle your Savings Bond transaction, the Federal Reserve will.
We have HH bonds and are considering cashing in. Are there any charges connected with cashing these in?
What interest rate is being paid on these bonds?
Is there a time limit on how long these bonds will pay interest?
I have been given a US Treasury award that is dated for 1955 for patriotic service, I need all information on what it may be worth and how to redeem.
Hi Kymberly – I’m baffled by your question. I suggest you scroll up and click on the “Ask the Treasury” link on the right.
Tom Adams
If an $500 H Series bond was purchased in 7/1978, what is the cash value? ?$500.00 Will I also collect the interest it gained from purchase to the time they discontinued? Or is it just worth the $500 as stated on the bond?
Vicky – As the post above says, the redemption value of a Series H or HH bond is its face value – never less, never more. The interest was paid to you every six months starting from 1/79. If you didn’t receive it, you may be able to reclaim it now.
Tom Adams
I had an HH bond, issued in 1966. I think it was cashed but I am not sure. All I can find is the serial number. It was a $5000 issued May 1986
Irving – information on how to find out if your bond has been cashed is here.
Tom Adams