When did they stop selling war bonds?
Regarding this, are old war bonds worth anything?
It will calculate the value of U.S. Treasury E, EE and I bonds, and savings notes. According to the calculator, if your bonds are the Series E bonds that were used to finance World War II, they're worth at least $3,600 each, or a total of more than $43,000 dollars.
Also, why did governments sell war bonds? War bonds had been sold to finance American involvement in World War I, but World War II required the government to borrow unprecedented amounts of money. By convincing Americans that it was their patriotic duty to buy war bonds, the government kept inflation down during the war.
Subsequently, one may also ask, do war bonds expire?
War bonds typically are kept for many years, and some can be worth significantly more than their face value when they are redeemed. The U.S. Department of the Treasury provides an online calculator that will tell you the bond's value and will store your information so that you can easily recalculate it in the future.
What are war bonds worth today?
The U.S. Treasury Department has a helpful calculator to help you determine how much your Series E bonds are worth today. According to the calculator, a $1,000 Series E bond purchased at $750 is now worth $3,623. A $1,000 war bond issued as late as 1946 is worth $4,691.