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<p>[QUOTE="BurrosCoins, post: 11639965, member: 118088"]Very nice find. Thanks for sharing. I can’t contribute to much as to collectibility of these as I have never collected them. I will say I do like them. My great granddad worked as an engineer on the railroad back in the early 1900’s. I have his engineer certifications and some old railroad passes that allowed the family to ride anywhere for free. So anything railway is interesting to me. </p><p><br /></p><p>Just some information on the coupons. These are coupons for a coupon bond or bearer bond that was issued by the railway. You don’t see these much today with everything electronic. The bond had coupons attached and you would redeem a coupon after its maturity date for coupon payment. The bonds did not record the purchaser and the coupons were how someone would redeem the payments. Similar to how treasury notes pay today, we just don’t have the coupons attached to the bonds. Yours appear to come due in January and June each year and subsequent years on the first set. December and July for the second set.[/QUOTE]</p><p><br /></p>
[QUOTE="BurrosCoins, post: 11639965, member: 118088"]Very nice find. Thanks for sharing. I can’t contribute to much as to collectibility of these as I have never collected them. I will say I do like them. My great granddad worked as an engineer on the railroad back in the early 1900’s. I have his engineer certifications and some old railroad passes that allowed the family to ride anywhere for free. So anything railway is interesting to me. Just some information on the coupons. These are coupons for a coupon bond or bearer bond that was issued by the railway. You don’t see these much today with everything electronic. The bond had coupons attached and you would redeem a coupon after its maturity date for coupon payment. The bonds did not record the purchaser and the coupons were how someone would redeem the payments. Similar to how treasury notes pay today, we just don’t have the coupons attached to the bonds. Yours appear to come due in January and June each year and subsequent years on the first set. December and July for the second set.[/QUOTE]
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