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Description
1929 $50 Troy, New York Union National Bank PMG AU 55 Ty. 1 Ch. #963 Serial #1
Rare Serial Number 1 Small Size $50 – Troy, NY National Bank Note
1929 Type 1 $50 • The Union National Bank of Troy, New York • Ch. # 963
PMG About Uncirculated 55
This exceptional small-size $50 National Bank Note comes from The Union National Bank of Troy, New York (Charter #963), a tougher New York issuer for high denominations. It is a Series of 1929 Type 1 $50, certified by PMG as About Uncirculated 55.
The Only Serial Number 1 Small-Size $50 from New York
According to the National Currency Foundation census, this note is the only Serial Number 1 small-size $50 reported for the entire state of New York. This Sole Known Serial Number 1 small-size $50 from New York comes from the first sheet of Type 1 $50s issued by this bank, and this piece represents the coveted Serial Number 1 from that historic sheet.
As the sole recorded Serial Number 1 small-size $50 for the Empire State, this note stands at the top of the census and offers a unique opportunity for the advanced National Bank Note or New York specialist.
You simply cannot upgrade beyond Serial Number 1.
Note Details
- Bank: The Union National Bank of Troy, New York
- Charter: #963
- Series: 1929 Type 1
- Denomination: $50 National Bank Note
- Serial Number: 1 (from the “B” position on the first sheet)
- Grading Service: PMG
- Grade: About Uncirculated 55
Eye Appeal & Surviving Quality
This trophy note displays dark, original inks and solid embossing that confirm its originality. PMG notes only a small edge tear in the left margin, which does little to distract from its overall exceptional appearance, especially for such a significant Serial Number 1 issue.
Collector’s Value
For the advanced collector focused on New York nationals, Serial Number 1 notes, or high-denomination small-size nationals, this piece checks every box. It combines a desirable $50 denomination, attractive AU eye appeal, PMG certification, and unparalleled census status as the only Serial Number 1 small-size $50 known for the entire state of New York. It is a true cornerstone note — the kind of offering that rarely reaches the open market and will be a highlight in any serious national bank note collection.