Home > Stock Market Gifts > New to BMG >

New!  1876 State of Louisiana Baby Bond - Sheet of Three
1876 State of Louisiana Baby Bond - Sheet of Three
1876 State of Louisiana Baby Bond - Sheet of Three
 
Alternative Views:


Save an additional 20% on all Stock Certs!  *Discount applied in cart.
Our Price: $225.00
Sale Price: $198.00
You save $27.00!
Vintage Stock Certificate


Product Code: SC1717
Qty:

Description
 
These fascinating little "Baby Bonds" come with an interesting past. After the end of the Civil War, the U.S. Government placed a large tax on state bank notes. To get around this tax, the State of Louisiana issued these small bank notes to disguise them as interest bearing bonds, even putting a picture of "baby" on them. As a result they were used like currency in Louisiana.

The State Treasure of Louisiana, Ed Bunker (who's signature is on the notes), used the original printing plates to produce about $300,000 worth of counterfeit bonds. He fled to Brazil after they were discovered in his safe deposit box.

These 5 1/2" x 3 1/4" baby bonds still have 7 1/2 cent coupons attached. Uncut sheet of 3 Bonds.