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Uncle Sam Fussy About Bond Gifts
A New York reader reports gifting a $25 Savings Bond to a friend with a recipient’s Social Security number stamped on the frame. Bank and Treasury officials cite record keeping, but the donor objects to the personal number on a Christmas gift. The bank cannot redeem the bond and suggests contacting the Federal Reserve or Public Debt. the lesson ends with a Christmas quip.
MENTIONED IN THIS ARTICLE
New York
Uncle Sam
Scrooge
US. Treasury
Federal Reserve Bank
Liberty Street
Washington
Fed