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1947 Series E Savings Bond Value: Every Issue Month and Face Value

A 1947 Series E savings bond is worth $123.38 to $131.41 per $25 of face value (the amount printed on the bond) in November 2026, by issue month. That is $493.52 to $525.64 for a $100 bond and $4,935.20 to $5,256.40 for a $1,000 bond.

Each cost 75% of face, so each is worth 6.6 to 7.0 times its price. Interest stopped in 1987, so the values are final. Treasury's Savings Bonds Value Files list them.

Values for November 2026 (final values)

How Much Is a 1947 Series E Savings Bond Worth in November 2026?

A 1947 Series E bond is worth $49.35 (a $10 bond issued January to April) to $5,256.40 (a $1,000 bond issued in December) in November 2026. The rules for Series E savings bonds have their own page. Table 1 lists every issue month.

Table 1: What a 1947 Series E savings bond is worth in November 2026, by issue month and face value

Issue month $10 $25 $50 $100 $200 $500 $1,000 Interest stopped
January 1947 $49.35 $123.38 $246.76 $493.52 $987.04 $2,467.60 $4,935.20 Jan 1, 1987
February 1947 $49.35 $123.38 $246.76 $493.52 $987.04 $2,467.60 $4,935.20 Feb 1, 1987
March 1947 $49.35 $123.38 $246.76 $493.52 $987.04 $2,467.60 $4,935.20 Mar 1, 1987
April 1947 $49.35 $123.38 $246.76 $493.52 $987.04 $2,467.60 $4,935.20 Apr 1, 1987
May 1947 $49.83 $124.57 $249.14 $498.28 $996.56 $2,491.40 $4,982.80 May 1, 1987
June 1947 $50.63 $126.57 $253.14 $506.28 $1,012.56 $2,531.40 $5,062.80 Jun 1, 1987
July 1947 $50.63 $126.57 $253.14 $506.28 $1,012.56 $2,531.40 $5,062.80 Jul 1, 1987
August 1947 $50.63 $126.57 $253.14 $506.28 $1,012.56 $2,531.40 $5,062.80 Aug 1, 1987
September 1947 $50.63 $126.57 $253.14 $506.28 $1,012.56 $2,531.40 $5,062.80 Sep 1, 1987
October 1947 $50.63 $126.57 $253.14 $506.28 $1,012.56 $2,531.40 $5,062.80 Oct 1, 1987
November 1947 $51.74 $129.34 $258.68 $517.36 $1,034.72 $2,586.80 $5,173.60 Nov 1, 1987
December 1947 $52.56 $131.41 $262.82 $525.64 $1,051.28 $2,628.20 $5,256.40 Dec 1, 1987

Note: face values issued in 1947 are $10, $25, $50, $100, $200, $500 and $1,000, in every month (TreasuryDirect calculator windows). Prices are 75% of face (31 CFR 316.2(b)).

Source: Bureau of the Fiscal Service, Savings Bonds Value Files (Fiscal Data, dataset 015-BFS-2014Q3-094, updated November 2, 2026), redemption month November 2026. Values for each face value are the file's $25-unit value times face/25; Series E values have not changed since final maturity.

Why Every 1947 Bond Stopped Earning Interest in 1987

Every 1947 Series E bond reached final maturity, the date interest stops, between January 1 and December 1, 1987, 40 years after its issue month (31 CFR 316.8(b)). Its life is listed below.

  • Issue: 1947, 75% of face
  • Original term: 10 years
  • Extension: 40-year life for issues May 1941 to November 1965
  • Final maturity: January to December 1987

The value has not changed since. The 30 years in search results applies only to E bonds issued from December 1965. See savings bonds mature and stop earning interest.

Why a December 1947 Bond Is Worth More Than a January 1947 Bond

A December 1947 bond is worth more than a January 1947 bond because each issue month reached final maturity on a different date. The value file prices the 12 months in five groups, from $123.38 per $25 for January to April to $131.41 for December. A $100 bond gains $32.12.

Table 2: The five 1947 value groups and the months next to them, November 2026

Issue months Months $25 value $100 value Interest stopped Year page
December 1946 1 $123.38 $493.52 Dec 1, 1986 1946 Series E savings bond value
January to April 1947 4 $123.38 $493.52 Jan 1 to Apr 1, 1987 this page
May 1947 1 $124.57 $498.28 May 1, 1987
June to October 1947 5 $126.57 $506.28 Jun 1 to Oct 1, 1987
November 1947 1 $129.34 $517.36 Nov 1, 1987
December 1947 1 $131.41 $525.64 Dec 1, 1987
January to April 1948 4 $131.41 $525.64 Jan 1 to Apr 1, 1988 1948 Series E savings bond value
May 1948 1 $131.09 $524.36 May 1, 1988

Note: December 1946 and January to April 1947 share one value, as do December 1947 and January to April 1948. Values rise or hold from May 1941 to April 1948; May 1948 is the first issue month worth less than the month before.

Source: Bureau of the Fiscal Service, Savings Bonds Value Files (Fiscal Data, dataset 015-BFS-2014Q3-094, updated November 2, 2026), redemption month November 2026. Values for each face value are the file's $25-unit value times face/25; Series E values have not changed since final maturity.

May 1948 ($131.09 per $25) is the first issue month since May 1941 worth less than the month before. So a December 1947 $100 bond ($525.64) is worth more than a May 1948 one ($524.36).

What a 1947 Bond Cost and How It Grew for 40 Years

A 1947 Series E bond cost 75% of its face value, $18.75 for a $25 bond and $75 for a $100 bond, and grew in value until 1987 (31 CFR 316.2(b)). December 1947 is the first issue month worth more than 7 times its price ($131.41 for $18.75).

Interest, paid only when you cash the bond (31 CFR 315.30), is $418.52 to $450.64 on a $100 bond and $4,185.20 to $4,506.40 on a $1,000 bond.

Which Face Values Were Issued in 1947: Seven in Every Month

Treasury's calculator prices 1947 Series E bonds in 7 face values, all 7 in every issue month: $10, $25, $50, $100, $200, $500 and $1,000. Prices and ranges follow.

  • $10 ($7.50; $49.35 to $52.56)
  • $25 ($18.75; $123.38 to $131.41)
  • $50 ($37.50; $246.76 to $262.82)
  • $100 ($75; $493.52 to $525.64)
  • $200 ($150; $987.04 to $1,051.28)
  • $500 ($375; $2,467.60 to $2,628.20)
  • $1,000 ($750; $4,935.20 to $5,256.40)

The calculator prices the $10 bond for June 1944 to March 1950 issue dates and the $200 bond from October 1945.

June 1947 is the first issue month in which one $200 Series E bond is worth more than $1,000 ($1,012.56; May 1947: $996.56), and one $1,000 bond more than $5,000 ($5,062.80; May: $4,982.80).

Which Savings Bonds Were Sold in 1947: Series E, F and G

A savings bond bought in 1947 is one of 3 series: Series E (75% of face), Series F (74% of face) or Series G (face value). F and G ran 12 years (to 1959, our calculation) and are cashed only by mail with FS Form 1522.

Table 3: Savings bonds sold in 1947: Series E, F and G

Attribute Series E Series F savings bonds Series G
Price 75% of face 74% of face face value
Interest added to the value added to the value (12 years) paid by Treasury check every 6 months
Interest stopped 40 years after issue (1987) 12 years after issue (1959, our calculation) 12 years after issue (1959, our calculation)
Paid today Table 1 value ($123.38 to $131.41 per $25) face value face plus a final $1.25 per $100
Where to cash a financial institution that cashes savings bonds, or FS Form 1522 by mail FS Form 1522 by mail FS Form 1522 by mail

Sources: 31 CFR 316.2(b); 31 CFR 315.35(b), (d); TreasuryDirect historical and retired bonds page (as of November 11, 2026).

An Armed Forces Leave Bond is a different Treasury bond, issued under the Armed Forces Leave Act of 1946. Only the owner or a survivor can cash it, using FS Form 2066 for survivors (Revised October 2022; PDF, TreasuryDirect).

Is a 1947 Series E Bond a War Bond?

No: in Treasury's wording a 1947 Series E bond is a savings bond, not a War Bond. Treasury calls Series E "the 'Defense Bond' of 1941, the 'War Bond' of 1942-45 and subsequently just the savings bond" (TreasuryDirect).

For 1941 to 1945 issues (Defense and War Bonds), see war bonds and what they are worth now.

The name does not change the value. A 1947 E bond is priced like any Series E bond of its issue month and face value, with no Treasury premium. Over-the-counter sales of Series E ended December 31, 1979, and payroll sales June 30, 1980 (31 CFR 316.1).

How to Find the Exact Value of Your 1947 Savings Bond

Treasury prices a 1947 Series E bond by its issue month and face value; the serial number and the name printed on it do not change the value. Our savings bond calculator, built on Treasury's published value files, prices paper Series E bonds.

  1. Check that the bond says Series E.
  2. Read the issue date on a paper savings bond, upper right (31 CFR 316.2(c)(2), (d)).
  3. Ignore the validation date, lower right.
  4. Read the face value, the dollar amount printed on the bond.
  5. Find the row and column in Table 1.

Treasury's free calculator marks Series E bonds "MA" (matured). A Social Security number was not required on a 1947 bond (31 CFR 316.2(c)(1): required from January 1, 1974).

Cashing a 1947 Savings Bond and Reporting Its Interest

You cash a 1947 Series E bond at a financial institution that cashes savings bonds or by mail with FS Form 1522, and Treasury charges no fee.

See how to cash savings bonds for paper bonds. Banks may cash paper bonds but need not (FS Publication 0022, Rev. October 2022), and may not charge you (31 CFR 321.23(c)).

The mail route uses FS Form 1522 (Revised April 2026; PDF, TreasuryDirect), sent with the bond to Treasury Retail Securities Services, P.O. Box 9150, Minneapolis, MN 55480-9150.

Payment is by direct deposit only and takes 3 months or longer in your name, 5 months or longer if not (TreasuryDirect, November 11, 2026). You can cash by mail with FS Form 1522.

Your signature needs a notary or certifying officer only when the request totals more than $1,000. One January to May 1947 $200 bond ($987.04 or $996.56) needs only a copy of your ID. One June $200 bond ($1,012.56), a December $200 plus a $25 bond ($1,182.69) or any $500 or $1,000 bond needs certification.

Tax Year 1987: When Interest on a 1947 Bond Was Reportable

Interest on a 1947 bond that was never cashed became reportable for tax year 1987, the year of its final maturity, unless the owner reported it earlier (31 CFR 316.9; 26 U.S.C. 454; IRS Publication 550). Every 1947 bond reached final maturity in 1987.

The interest is $418.52 to $450.64 per $100 bond, exempt from state and local tax (31 CFR 316.9). Ask a tax professional about a missed year; see federal tax on savings bond interest.

Lost, Found or Inherited 1947 Bonds

Five situations change what an owner or heir does with a 1947 bond: lost, inherited, inherited with unreported interest, found, or held in Treasury records. Table 4 gives the rule for each.

Table 4: Lost, found or inherited 1947 bonds

Situation Rule for a 1947 bond Link
Lost, stolen or destroyed Claim on FS Form 1048 (Revised March 2026). Claims 6 years or more after final maturity need the serial number (31 CFR 315.29(c)); for 1947 bonds that is December 1993 at the latest (our calculation). Treasury Hunt has been unavailable since September 30, 2025. FS Form 1048 claim for lost, stolen or destroyed savings bonds
Owner has died The surviving "OR" co-owner or the P.O.D. (payable-on-death) beneficiary takes the bond, otherwise the estate (31 CFR 315.70). savings bonds after death
Inherited, interest never reported If the owner died before the bond's final maturity, interest earned before death is income in respect of a decedent unless reported on the owner's final return. If the owner was alive at final maturity, the interest was reportable for that year (26 CFR 1.454-1(a)(1); IRS Publication 550). taxes on inherited savings bonds
Found among papers The value comes from Table 1. Check the owner name, co-owner and beneficiary before cashing. found old savings bonds
Held in Treasury records, not in hand A bond over 3 years past final maturity may be shared with a State that has an information-sharing agreement (31 U.S.C. 3105(f)); none is publicly known as of November 11, 2026 (89 FR 102735, December 18, 2024). unclaimed savings bonds

Other Issue Years and Face Values

Value tables for the neighboring issue years and for every face value are listed below. A December 1946 bond equals a January 1947 bond: $123.38 per $25.

1947 Savings Bond FAQ

How much is a $25 savings bond from 1947 worth?

A $25 savings bond from 1947 is worth $123.38 to $131.41 in November 2026, by issue month. It cost $18.75, and interest stopped in 1987.

How much is a $100 savings bond from 1947 worth?

A $100 Series E bond from 1947 is worth $493.52 (January to April) to $525.64 (December) in November 2026. It cost $75.

How much is a $200 savings bond from 1947 worth?

A $200 Series E bond issued in 1947 is worth $987.04 (January to April), $996.56 (May), $1,012.56 (June to October), $1,034.72 (November) or $1,051.28 (December) in November 2026. It cost $150; by mail, a June to December bond needs a certified signature, as described under who can certify a signature.

How much is a $1,000 savings bond from 1947 worth?

A $1,000 Series E bond from 1947 is worth $4,935.20 to $5,256.40 in November 2026. It cost $750, and cashing it by mail needs a certified signature.

Do savings bonds from 1947 expire?

No: Treasury sets no deadline to cash a 1947 savings bond (31 CFR 315.35(c); EO 13968, 85 FR 83745). It has earned nothing since 1987.

Is a savings bond from 1947 still worth anything?

Yes: a 1947 Series E bond is worth $123.38 to $131.41 per $25 of face value in November 2026, 6.6 to 7.0 times its price, though it earned nothing after 40 years (1987).

Has the value of a 1947 bond changed since 2022?

No: a 1947 bond's value is the same in November 2026 as in 2022, because interest stopped in 1987 (one figure from May 1992 through May 2027).


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