Value of Savings Bonds to collectors
Wednesday, April 26th, 2006
Categorized as: Current value of a US Savings Bond
About once a month I receive a question about the value of a Savings Bond as a collector’s item. I typically refer the questioner to eBay, but before today I’d never actually seen a Savings Bond offered on eBay.
Now we have some data. This eBay auction for a $25 E bond issued December 1954 had a winning bid of $18.26. The actual value of the bond to the heirs of the owner would have been $177.53.
The auction began on April 5, 2006 with a starting bid of $9.99. It ended on April 12, 2006 and had three bidders.
Because Savings Bonds are registered securities, only the persons named on the bond or their heirs can cash them. Collectors are unable to redeem them for their actual value.