$1 Original Series Oneida NY First National Bank PMG Choice Unc 64 EPQ Ch 519

$1 Original Series Oneida NY First National Bank PMG Choice Unc 64 EPQ Ch 519

Description

Presented here is a $1 Original Series “Ace” from Oneida, New York, cataloged as Fr. 380a and issued by The First National Bank of Oneida, Charter #519. Graded PMG Choice Uncirculated 64 EPQ, this note combines exceptional technical quality with real scarcity from a genuinely rare Madison County issuer.

The Original Series Ace is one of the most attractive and historic designs in the National Bank Note series. This example displays vibrant color, crisp printing, and strong, well-defined signatures. The paper is bright and original, with the PMG EPQ (Exceptional Paper Quality) designation confirming that the note has not been disturbed, pressed, or tampered with, and retains its original paper surfaces. SIngle Finest Known.

Bank History & Charter Rarity

The First National Bank of Oneida is a very rare Madison County, New York issuer. The bank issued First Charter / Original Series notes only for less than a decade before liquidating early in 1874. After liquidation, it was succeeded by a state-chartered successor, the State Bank of Oneida. This short issuing period and relatively modest circulation produced very few surviving notes.

Today, this charter is represented by only five reported notes in total. Within that tiny population, this $1 Original Series Ace is the finest graded example of the quintet. It stands as the best-known representative of the bank and is an important cornerstone note for anyone pursuing Madison County, New York Nationals, or rare early First Charters.

Eye Appeal & Overall Quality

This note offers everything collectors look for in an early National: rich ink color, bold signatures, and high-end paper quality. The design elements are sharply rendered, with excellent contrast and strong visual presence in the holder. As a Choice Uncirculated 64 EPQ, it sits at the high end of the grading scale for such a rare charter, combining true scarcity with outstanding preservation.

Provenance & Collector Appeal

This Oneida Ace comes Ex: Q. David Bowers Collection. Q. David Bowers is a legendary American numismatist, author, and businessman, widely regarded as one of the most prolific and influential coin and currency authorities of the modern era. His name attached to any piece adds an extra layer of desirability, reflecting careful selection and long-term significance within the hobby.

For specialists in New York Nationals, chartered bank collectors, or those assembling a top-tier Original Series type set, this note offers a rare combination of:

• Extremely limited census (five reported),
• Finest known example for the charter,
• High-end PMG Choice Uncirculated 64 EPQ grade,
• Prestigious Q. David Bowers provenance.

It is a superior, collection-defining example that will be very difficult to upgrade and is ideally suited for the advanced National Bank Note enthusiast.