US Consols-4%-$100-1877.

Discussion in 'Paper Money' started by Alex Spirenkov, Nov 26, 2015.

  1. Alex Spirenkov

    Alex Spirenkov New Member

    Dear Sirs! I'm sorry that I use autotranslator, but my knowledge of English is very small,
    so I can write freely on it. Maybe someone of you have the book "Gene Hessler. An Illustrated History of United States Loans: 1775-1898 "? I know that there is information about this security.
    I have a big request to the owner of this book - is it possible to take a picture and put this page
    Photos on the forum or send me it on e-mail? I have this bond (without coupons) and I know,
    that it is rare. But how rare it is?
     
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  3. gsalexan

    gsalexan Intaglio aficionado

    Hello Alex, welcome to the forum. I have a copy of the book by Hessler, but it does not contain a $100 bond from 1877. There is one from 1870. Please post a clear scan of your consul certificate so I can determine the correct year. Then I will post the page with the information you are seeking.

    Be aware that Gene Hessler did not provide monetary value or describe rarity for the consuls that are included in his book. It is merely a comprehensive list of all consuls issued by the USA up to 1898, with pictures included if available.
     
    Last edited: Nov 26, 2015
  4. lettow

    lettow Senior Member

    There is no listing in Hessler for this type.
     
  5. Alex Spirenkov

    Alex Spirenkov New Member

    Thank you for your invitation and for your attention to my post!
     
    Last edited: Nov 26, 2015
  6. Alex Spirenkov

    Alex Spirenkov New Member

    Sorry, but I do not know how to insert a picture? I can send to someone's e-mail, to his post.
     
  7. Alex Spirenkov

    Alex Spirenkov New Member

    Excellent! It seems to be understood.
     

    Attached Files:

  8. lettow

    lettow Senior Member

    This is listed as X166B in the Hessler book. It is the registered version of the 4%Loan of 1907. US Bonds are identified by their date of maturity.

    It is listed as R8 in rarity which means 1-3 known. Hessler notes that an example was observed at the Bureau of the Public Debt.
     
  9. Alex Spirenkov

    Alex Spirenkov New Member

    Many thanks! I'm sorry for what I incorrectly identified this bond, and led you astray. So it is really quite rare. And it's very nice - to have it in your collection!
     
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  10. gsalexan

    gsalexan Intaglio aficionado

    My mistake -- I never noticed the book had a rarity index. I learned something, too! Congratulations Alex on this impressive discovery and thanks for sharing.

    Here are scans of two relevant pages from the book.
    Consol1.jpg Consol2.jpg
     
    Last edited: Nov 27, 2015
    swamp yankee likes this.
  11. afantiques

    afantiques Well-Known Member

    This example seems to have been issued or traded in England, as it has the 2 shillings revenue stamp which represents the 'stamp duty'. a small tax then and now on fiscal transactions.
     
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  12. Alex Spirenkov

    Alex Spirenkov New Member

    Thank you for scans pages! Now I will refer to that by talking with their colleagues collectors.
     
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  13. Alex Spirenkov

    Alex Spirenkov New Member

    I also drew attention to the revenue stamp. But I have a slightly different version. The fact that she has been given a bond office treasurer USA Glenni William Scofield, and later was brought to the United Kingdom. Scofield handwritten signature on the bond, by the way, is a bit different from the one that is present in the USA Notes.
     
  14. lettow

    lettow Senior Member

    The English revenue stamp is dated 1908. My guess is that it passed through the original purchasers estate at that time. Revenue stamps would only be applied upon transfer. The date on the revenue stamp indicates it was not from the oeiginal purchase..
     
  15. Alex Spirenkov

    Alex Spirenkov New Member

    Thank you for your interesting additional details concerning this bond!
     
  16. Alex Spirenkov

    Alex Spirenkov New Member

    If someone is interested, I spread the scan and the reverse side of the bond. Forgot to mention more that the paper on which it is printed watermarks.
     

    Attached Files:

  17. gsalexan

    gsalexan Intaglio aficionado

    Thank you! I have never seen the reverse side of one of these bonds.
     
  18. Alex Spirenkov

    Alex Spirenkov New Member

    I think that it will be interesting. Only two different coupon on these bonds were sold in the history of auctions Heritage.
     

    Attached Files:

  19. Alex Spirenkov

    Alex Spirenkov New Member

    In The National Museum of American History is stored specimens of all Consoles. As in the book of honorable Mr. Hessler shows only one image, I allow myself to give their all.
     
  20. Alex Spirenkov

    Alex Spirenkov New Member

    I have not seen in the book of Mr. Hessler description of $ 50,000 bond. Or is it on the next page?
     

    Attached Files:

  21. gsalexan

    gsalexan Intaglio aficionado

    Yes, the $50000 bond is on the next page.

    Thank you for posting all the specimen bonds. Those are beautiful.
     
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