What do I do with a War Bond from 1941 given to my grandmother?

Question

When my mother passed away, she left me with a $25 war bond from 1941 given to her mother (my grandmother). How do I find out how much it is worth, and if I decide to cash it in, what do I need to do?

Answer 1

Without question it is worth more than its 25 dollar value. The interest still goes up on those old war bonds, just not at the premium rate it was collecting before it hit its 25 dollar value. Take it to you local bank and find out. However, before you cash it, see if there are any local antiquers who might pay you more than the banks reported dollar value. Go on eBay and see what sellers maybe asking for similar type bonds. Good Luck at trying to get its top dollar value.

Answer 2

no...bonds reach their value and stop.,
older bonds converted up to another series but reached a max like 50.00 or doubled some tripled...series of bonds determines..

any bank will cash in...unless you want to keep for a keepsake.

bank can tell you value..

Answer 3

Call your bank and ask. Some bonds mature, some don't. I think older ones don't mature so you keep earning money.

Answer 4

I would just hold on to it and let it keep earning interest. it's a good nest egg.

Answer 5

I'd keep it. It can only go up in value.