United States of America. United States Government Liberty Loan Bond Participation Certificate for $10. Very Fine.This certificate type was used to represent the five $10 payments made for a purchase of a First Liberty 3-1/2% bond. An archival Specimen on bond paper by the American Bank Note Company. 19.5cm by 10.0cm. Uniface. Brown frame, with LIBERTY LOAN undertint, with eagle at left. Text across. Printed for the New York Federal Reserve. The issued number 1 of this type belonged to Stacks and was displayed in its gallery for decades. There are some minor foxing specks.From the John E. Herzog Collection; 2003 Memphis Auction #229 (R.M. Smythe & Co., June 13-14, 2003, lot 3294).