Frame Size (H x L): 11” x 11”
Item Size (H x L): 4” x 4”

Offered is a small pair of underwear with a cursive overprint, stating the following:

Don’t Get Caught
With ‘Em Down
Buy War Bonds  

A war bond is a debt security issued by a government for financing military operations and for removing money from circulation (so as to reduce inflation).  During World War II, the United States spent over $300 billion dollars (equivalent to over $4 trillion today), and to finance this effort, the US Treasury offered a series of War Bonds.  Initially, such bonds were referred to as Defense Bonds, but after the bombing of Pearl Harbor, they were referred to as War Bonds. 

Americans were encouraged to purchase War Bonds via patriotic posters and celebrities, including Bob Hope, Frank Sinatra, and Bette Davis.  The War Bonds sold for 75% of their face value for amounts ranging from $10 to $100,000.  As just one example, a $25 War Bond could be purchased for $18.75, and this investment would help pay for planes, ships, tanks, uniforms, and anything else necessary to win the War.  Ten years later, the investor could redeem the War Bond and receive $25, equivalent to a modest 2.9% return on the initial investment.  World War II was the last time that the US Treasury issued War Bonds.          

Conservation Process: This item was hand sewn to cotton fabric, and both were hand sewn to a mounting board.  To prevent the black dye in the cotton fabric from seeping into the item, it was first washed in a standard wash and then in a dye setting wash.  The item is positioned behind Optium Museum Acrylic.

Frame: The antique frame is white and gold, and features ornate details.    

Condition Report: The pink silk exhibits some slight fading, and likewise the purple font of the overprint exhibits some slight fading.  Overall, however, this items is good condition and presents very well.  

Collectability Level: The Good – Perfect for Beginning Collectors and Gifts
Date of Origin: 1941-1945