A 1954 Series E savings bond is worth $168.86 to $177.53 per $25 of face value (the amount printed on the bond) in November 2026, by issue month: $675.44 to $710.12 for a $100 bond and $67,544.00 to $71,012.00 for a $10,000 bond.
Each cost 75% of face, so each is worth 9.01 to 9.47 times its price. Interest stopped in 1994, so these values are final.
Treasury's calculator prices 7 face values in every 1954 month. Even December 1954 stays below late 1952.
Values for November 2026 (final values)
How Much Is a 1954 Series E Savings Bond Worth in November 2026?
A 1954 Series E bond is worth $168.86 (a $25 bond issued in January or February) to $71,012.00 (a $10,000 bond issued in December) in November 2026. For the rules of Series E savings bonds, 1941 to 1980, see the series page.
Table 1 lists all 84 values (7 face values, 12 issue months) and the date each bond stopped earning interest.
Table 1: What a 1954 Series E savings bond is worth in November 2026, by issue month and face value
| Issue month | $25 | $50 | $100 | $200 | $500 | $1,000 | $10,000 | Interest stopped |
|---|---|---|---|---|---|---|---|---|
| January 1954 | $168.86 | $337.72 | $675.44 | $1,350.88 | $3,377.20 | $6,754.40 | $67,544.00 | Jan 1, 1994 |
| February 1954 | $168.86 | $337.72 | $675.44 | $1,350.88 | $3,377.20 | $6,754.40 | $67,544.00 | Feb 1, 1994 |
| March 1954 | $170.51 | $341.02 | $682.04 | $1,364.08 | $3,410.20 | $6,820.40 | $68,204.00 | Mar 1, 1994 |
| April 1954 | $172.69 | $345.38 | $690.76 | $1,381.52 | $3,453.80 | $6,907.60 | $69,076.00 | Apr 1, 1994 |
| May 1954 | $172.69 | $345.38 | $690.76 | $1,381.52 | $3,453.80 | $6,907.60 | $69,076.00 | May 1, 1994 |
| June 1954 | $173.12 | $346.24 | $692.48 | $1,384.96 | $3,462.40 | $6,924.80 | $69,248.00 | Jun 1, 1994 |
| July 1954 | $173.12 | $346.24 | $692.48 | $1,384.96 | $3,462.40 | $6,924.80 | $69,248.00 | Jul 1, 1994 |
| August 1954 | $173.12 | $346.24 | $692.48 | $1,384.96 | $3,462.40 | $6,924.80 | $69,248.00 | Aug 1, 1994 |
| September 1954 | $174.81 | $349.62 | $699.24 | $1,398.48 | $3,496.20 | $6,992.40 | $69,924.00 | Sep 1, 1994 |
| October 1954 | $177.16 | $354.32 | $708.64 | $1,417.28 | $3,543.20 | $7,086.40 | $70,864.00 | Oct 1, 1994 |
| November 1954 | $177.17 | $354.34 | $708.68 | $1,417.36 | $3,543.40 | $7,086.80 | $70,868.00 | Nov 1, 1994 |
| December 1954 | $177.53 | $355.06 | $710.12 | $1,420.24 | $3,550.60 | $7,101.20 | $71,012.00 | Dec 1, 1994 |
Note: face values issued in 1954 are $25, $50, $100, $200, $500, $1,000 and $10,000, in every month (Treasury's 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 1954 Bond Stopped Earning Interest in 1994
Every 1954 Series E bond reached final maturity (the date interest stops) between January 1 and December 1, 1994, 40 years after its issue month, and has stopped earning interest (31 CFR 316.8(b)). Four facts apply.
- Issue: January to December 1954, at 75% of face
- Maturity group: issues May 1952 to January 1957 (final maturity May 1992 to January 1997)
- Life: 40 years, the rule for issues May 1941 to November 1965
- Final maturity: the 1st of the issue month, in 1994
The value has not changed since. The 30-year life in search results fits only E bonds issued from December 1965; see when savings bonds mature and stop earning interest.
Why a December 1954 Bond Is Worth More Than a January 1954 Bond
A December 1954 bond is worth more than a January 1954 bond because each issue month reached its 40-year final maturity on a different date, and the value file prices the 12 months in eight groups.
A $100 bond gains $34.68 from January to December. December 1953 shares a value with January and February 1954, and December 1954 with January and February 1955.
Within 1954, a later month is never worth less than an earlier one, and October to November rises one cent per $25. Table 2 shows the groups.
Table 2: The eight 1954 value groups and the months next to them, November 2026
| Issue months | Months | $25 value | $100 value | Year page |
|---|---|---|---|---|
| October 1952 | 1 | $177.69 | $710.76 | 1952 Series E savings bond value |
| November 1952 | 1 | $177.66 | $710.64 | |
| December 1952 to February 1953 | 3 | $178.14 | $712.56 | 1953 Series E savings bond value |
| March 1953 | 1 | $163.38 | $653.52 | |
| December 1953 | 1 | $168.86 | $675.44 | |
| January to February 1954 | 2 | $168.86 | $675.44 | this page |
| March 1954 | 1 | $170.51 | $682.04 | |
| April to May 1954 | 2 | $172.69 | $690.76 | |
| June to August 1954 | 3 | $173.12 | $692.48 | |
| September 1954 | 1 | $174.81 | $699.24 | |
| October 1954 | 1 | $177.16 | $708.64 | |
| November 1954 | 1 | $177.17 | $708.68 | |
| December 1954 | 1 | $177.53 | $710.12 | |
| January to February 1955 | 2 | $177.53 | $710.12 | 1955 Series E savings bond value |
| March 1955 | 1 | $179.26 | $717.04 |
Note: April to November 1953 issues (values $165.41 to $168.44 per $25) are on the 1953 page. No 1954 month reaches the October 1952 to February 1953 values; March 1955 is the first issue month above $178.14.
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 No 1954 Bond Reaches the Value of a Late 1952 Bond
No 1954 Series E bond is worth as much as one issued from October 1952 to February 1953. A February 1953 $100 bond is worth $712.56: $37.12 more than a January 1954 one ($675.44) and $2.44 more than a December 1954 one ($710.12).
The file falls $14.76 per $25 ($59.04 per $100) from February to March 1953 issues, and 1954 issues climb back from there. March 1955 ($179.26 per $25) is the first month above it.
What a 1954 Bond Cost and How It Grew for 40 Years
A 1954 Series E bond cost 75% of its face value: $18.75 for a $25 bond, $75 for a $100 bond and $7,500 for a $10,000 bond (31 CFR 316.2(b)). Interest is paid only at cashing (31 CFR 315.30): $600.44 to $635.12 on a $100 bond, $60,044.00 to $63,512.00 on a $10,000 bond.
Which Face Values Were Issued in 1954: Seven, From $25 to $10,000
Treasury's calculator prices 1954 Series E bonds in 7 face values, all valid for every 1954 issue month. The list gives price and value range.
- $25: $18.75 ($168.86 to $177.53)
- $50: $37.50 ($337.72 to $355.06)
- $100: $75 ($675.44 to $710.12)
- $200: $150 ($1,350.88 to $1,420.24)
- $500: $375 ($3,377.20 to $3,550.60)
- $1,000: $750 ($6,754.40 to $7,101.20)
- $10,000: $7,500 ($67,544.00 to $71,012.00)
The $10,000 bond is valid from May 1952 (TreasuryDirect calculator). The $10 was priced only through March 1950, the $75 only from May 1964, and 31 CFR 316.2(b) and Treasury's calculator list no $5,000 Series E bond.
Which Savings Bonds Were Sold in 1954: Series E, H, J and K
A savings bond bought in 1954 is one of 4 series: Series E (75% of face), Series H (face value), Series J (72% of face) or Series K (face value). H, J and K are cashed only by mail with FS Form 1522.
A 1954 Series H bond stopped earning between September 1983 and August 1984 (31 CFR 332.8, our calculation), and J and K in 1966. F and G ended in April 1952. Table 3 compares the series.
Table 3: Savings bonds sold in 1954: Series E, H, J and K
| Attribute | Series E | Series H savings bonds | Series J savings bonds | Series K |
|---|---|---|---|---|
| Price | 75% of face | face value | 72% of face | face value |
| Face values | $25 to $10,000 (Table 1) | $500, $1,000, $5,000, $10,000 | $25, $100, $500, $1,000, $5,000, $10,000, $100,000 | $500, $1,000, $5,000, $10,000, $100,000 |
| Interest | added to the value | paid every six months | added to the value | paid by Treasury check every six months |
| Interest stopped | 40 years after issue (1994) | 29 years 8 months after issue (September 1983 to August 1984, our calculation) | 12 years after issue (1966, our calculation) | 12 years after issue (1966, our calculation) |
| Paid today | Table 1 value | face value | face value | face plus $6.90 per $500 |
| 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 | FS Form 1522 by mail |
Sources: 31 CFR 316.2(b); 31 CFR 332.8; 31 CFR 315.35(b), (d), (e); TreasuryDirect historical and retired bonds page (as of November 11, 2026).
How to Find the Exact Value of Your 1954 Savings Bond
Treasury prices a 1954 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.
- Check that the bond says Series E.
- Read the issue date on a paper savings bond: month and year, upper right (31 CFR 316.2(c)(2), (d)).
- Ignore the validation date, lower right, and the serial number.
- Read the face value.
- Find the row and column in Table 1.
TreasuryDirect's free calculator marks E bonds "MA". A 1954 bond carries no Social Security number; one is required from January 1, 1974 (31 CFR 316.2(c)(1)).
Cashing a 1954 Savings Bond and Reporting Its Interest
A 1954 Series E bond is cashed 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. Banks may cash paper bonds but need not (FS Publication 0022, Rev. October 2022).
The person presenting the bond pays no fee (31 CFR 321.23(c)) and writes their Social Security number on it (31 CFR 315.39(a)). Mail the bond to Treasury Retail Securities Services, P.O. Box 9150, Minneapolis, MN 55480-9150, and cash by mail with FS Form 1522.
FS Form 1522 (Revised April 2026; PDF, TreasuryDirect) pays by direct deposit only. Treasury says 3 months or longer in your name, 5 months or longer if not (November 11, 2026).
A request of $1,000 or less needs your signature and an ID copy: one $100 bond ($675.44 to $710.12), or one $100 plus one $25 ($844.30 to $887.65).
Above $1,000 a notary or certifying officer must certify your signature: one $100 plus one $50 ($1,013.16 to $1,065.18) or any single bond of $200 or more ($1,350.88 and up).
Tax Year 1994: When Interest on a 1954 Bond Was Reportable
Interest on a 1954 bond that was never cashed became reportable for tax year 1994, the year of its final maturity, unless reported earlier (31 CFR 316.9; 26 U.S.C. 454; IRS Publication 550).
The interest is $600.44 to $635.12 on a $100 bond, federally taxable and exempt from state and local income tax (31 CFR 316.9(a)). Ask a tax professional about a missed year, and see federal tax on savings bond interest.
Lost, Found or Inherited 1954 Bonds
Five situations change what an owner or heir does with a 1954 bond: lost, inherited, inherited with unreported interest, found, or held only in Treasury records.
Table 4: Lost, found or inherited 1954 bonds
| Situation | Rule for a 1954 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 1954 bonds that is December 2000 at the latest (our calculation). Treasury's 2024 Report to Congress (March 11, 2025) said records from 1935 to September 1957 were not digitized as of March 11, 2025. 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 in 1994, 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 1994 (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 | For a bond more than 3 years past final maturity, Treasury may share owner records with a State that has signed 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
The same tables exist for the neighboring issue years and every face value. A December 1953 bond is worth $168.86 per $25, as is a January 1954 bond.
- 1952 Series E savings bond value
- 1953 Series E savings bond value
- 1955 Series E savings bond value
- 1956 Series E savings bond value
- 1994 Series EE savings bond value (Series EE issued in 1994, a different bond from the 1954 Series E bonds that matured that year)
- $25 savings bond worth
- $50 savings bond worth
- $100 savings bond worth
- $200 savings bond worth
- $500 savings bond worth
- $1,000 savings bond worth
- $5,000 savings bond worth (no Series E in this face)
1954 Savings Bond FAQ
How much is a $25 savings bond from 1954 worth today?
A $25 savings bond from 1954 is worth $168.86 to $177.53 in November 2026, by issue month.
How much is a $100 savings bond from 1954 worth?
A $100 Series E bond from 1954 is worth $675.44 (January or February) to $710.12 (December) in November 2026. It stopped earning after 40 years (not 30), in 1994. By mail, a single $100 bond needs no certified signature, but a $100 plus a $50 bond does; see savings bond signature certification.
How much is a $10,000 savings bond from 1954 worth?
A $10,000 Series E bond from 1954 is worth $67,544.00 to $71,012.00 in November 2026. It cost $7,500 and needs a certified signature by mail; see the $10,000 savings bond worth by series.
Do savings bonds from 1954 expire?
No: a 1954 savings bond does not expire and can be cashed at any time (31 CFR 315.35(c); EO 13968, 85 FR 83745).
Is a 1954 savings bond insured by the FDIC?
TreasuryDirect describes savings bonds, including a 1954 Series E bond, as backed by the full faith and credit of the U.S. government; its savings bonds page does not name the FDIC.
Has the value of a 1954 bond changed since 2022?
No: a 1954 bond's value is the same in November 2026 as in 2022, because interest stopped in 1994.
Was there a $10 or $5,000 Series E bond in 1954?
No: 31 CFR 316.2(b) and Treasury's calculator list a Series E bond dated 1954 in 7 faces only, from $25 to $10,000. The $10 E was priced only through March 1950, and neither source lists a $5,000 Series E bond. A 1954 $5,000 bond is Series H, J or K, paid at face (K adds $6.90 per $500) by mail.
Claiming from Treasury and from state programs costs nothing, and the forms are free. Found bonds you cannot cash, or a relative's bonds? ClaimMyBonds is a private company, not the government; we can help with the paperwork, tracing and follow-up.