1929 Quantico VA $5 PMG 66 EPQ Gem Type 2 Ch#12477 First NB Finest Known Rare
Description:
Offered here is a top-tier 1929 $5 Type 2 National Bank Note issued by The First National Bank of Quantico, Virginia under Charter #12477, certified PMG Gem Uncirculated 66 EPQ. This note is part of a very limited group of high-grade examples from this Prince William County bank, discovered over forty years ago and now widely dispersed among collectors.
Type 2 notes of the 1929 small-size series retain the same familiar portrait of Abraham Lincoln used on modern $5 bills, set within a brown overprint layout unique to the National Currency design. This example is cataloged as a Type 2 due to the inclusion of both the Treasury and Charter numbers printed on the face, a distinguishing feature introduced during the latter part of 1929.
What sets this note apart is its exceptional preservation. PMG has awarded it a Gem Uncirculated 66 EPQ grade, the highest known for this issue from this bank, making it a condition rarity. The note exhibits wide margins, sharp corners, deep embossing, and fully original paper surfaces—exactly what advanced collectors seek in top-grade small-size nationals.
Quantico, long associated with the U.S. Marine Corps and military infrastructure, gives this note added historical appeal. The issuing bank played a modest yet pivotal role in the financial development of this strategically important region during the interwar period.
Collector’s Value:
For collectors of Virginia Nationals, military-town notes, or high-grade small-size type sets, this PMG 66 EPQ example stands at the pinnacle. Tied for finest known from this scarce charter, its condition, origin, and scarcity combine to make it a prime acquisition for any advanced collector seeking quality and significance.
