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$1000 City of San Antonio Gold Bond exclusive circa 1890

SKU: 28104127269

4.6
EUR237.50 EUR286.50

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Description

circa 1890

each was required to provide their own carbine or shotgun

all signers of the Texas Declaration of Independence

A tract of land comprising an astonishing 48

$1000 City of San Antonio Gold Bond exclusive circa 1890Issued by the City of San Antonio, this 20 year $1,000 Gold Coupon Bond paid 4%. The owner would clip one of the accompanying coupons every six months and would be paid $20 interest in gold coins by his or her bank. Investors who owned these bonds would make regular visits to their banks to cut out and redeem the coupons and collect their interest, so the wealthy citizens of this era became known as "Coupon Clippers."

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