How to Sell Liberty Bonds
Liberty bonds were first utilized during the first World War. This allowed private citizens to purchase a bond to help support the military effort. After the war, the bond could be redeemed for its purchase price plus interest. This system was again used at various times during the next century, most recently to fund repairs following the World Trade Center attacks in New York. Redeeming their value is simple.
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Instructions
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Locate your Liberty bonds and read the instructions included with the bonds. A Liberty bond will have a maturation date somewhere on the front. A maturation date is the earliest someone can redeem the value plus interest.
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Ask your local banker what the interest rate is on Liberty bonds. Any bank should have this information on hand.
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Have the bank calculate the value of the bond. If your bond has reached maturation, you are entitled to the original purchase price including interest. Depending on how long the bond has been aging, you will be entitled to a larger amount than its actual value.
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Wait longer, if the value does not meet your expectations. Bonds are constantly gaining value due to the interest. If you do not immediately need the money associated with the bond, hold on to it. Bonds make a wonderful rainy day piggy bank. The longer you wait, the more they are worth.
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Present your bond or bonds to a bank teller when you have decided to sell the bond back. You are entitled to be paid in cash and will receive it on the spot.
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