Recently Jerry Fochtman asked about the image of Registrar S.B. Colby on a U.S. government bond. Chris Steenerson supplied this response.
-Editor
That type of portrait coupon was used on the Consolidated Five-Twenty Coupon Bonds of 1864.
They were dated July 1, 1865, July 1, 1867, August 15, 1867 and July 1, 1868.
Coupon bonds were issued in $50, $100, $500, and $1,000 values. (Registered bonds, $50, $100, $500, $1,000, and $5,000).
Interest 6 per cent; payable 1st of Jan. and July. All bore the engraved signature of S.B. Colby.
Jerry's image appears to be an unused essay as it is blank where date goes.
Colby did not appear on issued bonds.
Thanks!
Colby did NOT actually appear on any issues of U.S. government bonds - that we know of, anyway.
Here are some additional images Chris was able to provide.
-Editor
The $100, $500, and $1,000 values
Chris adds:
"Only his signature appeared. I am not sure that the unused portrait is even Colby.
His signature was on all four values. Jerry might have assumed it was Colby by the signature."
To read the earlier E-Sylum article, see:
: Query: S.B. Colby Image on U.S. Government Bond
(https://www.coinbooks.org/v24/esylum_v24n27a12.html)
Wayne Homren, Editor
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