✅ The first known bond in history dates from circa 2400BC in Nippur, Mesopotamia (ironically modern-day Iraq). It guaranteed the payment of grain by the principal. The surety bond guaranteed reimbursement if the principal failed to make payment. Corn was the currency of that time period. The first Bond to activate the RV and the GCR will also be from Iraq.
✅ The correct name is "historical assets" which is "historical bonds" simply means "old bonds", which are in fact "old currency notes / bills".
✅ Historical Bonds are collectors’ items where the owner knows it would become valuable in the future.
✅ There are all sorts of historic bonds, in fact more than 150, some are rare, some are very valuable whilst others not so valuable, and therefore some command a very high price among collectors, traders, sellers and buyers.
✅ A Bond is a Promissory Note issued by a government and can legally not be refused.
✅ Historical Bonds are tricky to work with, each case (the type of Bond) is decided by the merits and authenticity of the bonds themselves.
✅ "On-hand Bonds" are Bonds that you have in your possession.
✅ A Bond payable in any form of money is a legal tender within the country of issue.
✅ The GCR includes the redemption of several currencies issued by nations with tremendous natural and human resources. The Vietnamese Dong, because of natural, mineral and energy resources, Iraqi Dinar for the same reasons and Zimbabwe's Zim and Zim bonds because it is either the first or second most resource rich nation (depending upon your statistical source) on the continent of Africa. Thus, the Historical Bond payout amount is based on the acceptance of these assets and then based on established redemption rate. This makes the Zim Bonds ultra valuable due to Zimbabwe's rich resources!
✅ The Historical Bond Redemption Program is an opportunity to redeem certain types of gold-backed historical government bonds. This redemption program is backed by the Treasury of a major country that will determine (1) which bond types will be redeemed, (2) the order and timing in which each bond type will be called, (3) the redemption price that will be paid, and (4) the redemption procedures that will apply. (Do you now understand that the richest bank in the world is the Royal Bank of Zimbabwe? Do you understand why Zimbabwe is going Gold-back with their currency? Do you understand that it was impossible to pay the Zim Bonds out before now; that the country had to go Gold-Backed first?)
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