Can you redeem government savings bonds that were stolen?
by admin ~ October 23rd, 2009 . Filed under: Personal Finance .
JLLutseck asked:
From 1982 through 1996, my parents, aunt and uncle bought me savings bonds twice a year. They would be worth about $11,000 if they hadn’t been stolen in a break-in in 1996. I assumed they were gone for good, but a friend recently suggested that I can still redeem them with my social security number… Is that true? My mother seems to think that social security numbers weren’t used in purchasing government bonds in the 80’s.
Trinity Farb
From 1982 through 1996, my parents, aunt and uncle bought me savings bonds twice a year. They would be worth about $11,000 if they hadn’t been stolen in a break-in in 1996. I assumed they were gone for good, but a friend recently suggested that I can still redeem them with my social security number… Is that true? My mother seems to think that social security numbers weren’t used in purchasing government bonds in the 80’s.
Trinity Farb
October 24th, 2009 at 1:34 am
You can redeem the bonds without physically having them. I’m pretty sure that you always had to provide the registered owner’s social security number.
October 25th, 2009 at 10:45 am
Here you go: