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<p>[QUOTE=&quot;gsalexan, post: 2055342, member: 24274&quot;]What you&#039;ve got here is a bearer bond coupon, #56 out of the sheet, to be exact. Bonds usually paid interest quarterly ($25 in this case), so four times a year the company would clip these off the coupon sheet(s) which were attached to the bond. There were usually 33 coupons on a full sheet. For the long-term bonds there were sometimes 2-3 pages of coupons. If you want to do the math, divide 56 by 4, subtract it from 1933 and you&#039;ll see what year the bond was issued.</p><p><br /></p><p>I have to offer my opinion on these -- I would stay away from the single coupons. They can usually be bought with the original bonds and some dealers have taken to snipping up the sheets and selling them individually. They have very little value, if any, by themselves. The only coupons that might have real collector value would be from early Treasury bonds, where sometimes only the coupons survive. But commercial bond coupons are *extremely* common. Just my two cents.[/QUOTE]</p><p><br /></p>

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