Just 121 known total to the Census.

$1 Original Fr. 382 The Moniteau National Bank of California, State of Missouri. Ch. # 1712, Serial # C74414/1462.

This piece is an exquisite type note which survived as part of a small run of spectacular, well embossed and vividly colored Aces. The margins are huge and the penned signatures of the president and cashier remain bold. PMG Gem Uncirculated 66 EPQ.

While PMG has certified 48 Friedberg 382’s, only two examples have merited the Gem Uncirculated 66 EPQ designation, with none certified by PMG as finer.

As you may know Original Aces by far are more rare than first charters. Features two maidens before an altar, designed by T.A Liebler and engraved by Charles Burt. The reverse design features, “The Landing of the Pilgrims,” engraved by Charles Burt. Ranked No. 45 among the most beautiful examples of American Currency.

These note were issued in denominations from 1 to 1000 Dollars. The obverse bear vignettes pertaining to American History or tradition; the reverses, show some of the famous paintings on Americana that hang in the Capitol at Washington.

$1 National Bank Notes of the Original Series were first made in 1865. Other denominations had been distributed as early as December 1863. Popularly called aces, these are favorites today–the crème de la crème of large-size $1 notes.

Bills were printed on sheets of four subjects, typically $1-$1-$1-$2, the last with the “Lazy Two” design. They were made by the American Bank note Co. and National Bank Note Co. in New York City; each firm did one side. The $1 bears the American imprint on the face. Sheets were then shipped to the Treasury in Washington, DC, where Treasury serial numbers (usually in red, but sometimes in blue) and the Treasury seal were imprinted on each note.

Certain later Original series and all Series of 1875 $1 notes have bank charter numbers printed in bold red numerals. From 1865, and continuing for the next 14 years, 23,169,677 of these aces were distributed, in a ratio of about 80% Original Series and 20% Series of 1875.

The initial shipment was to the First national Bank of Akron, Ohio, on April 1, 1865. The last was sent on January 22, 1879, to the First National Bank of Warren, Rhode Island. These were Series of 1875 issues.

Dominating the face of each bill is the vignette Concordia, while on the back is the Landing of Pilgrims at the center, a state seal (representing the bank location) at the left, and a patriotic eagle to the right. On Series of 1875 bills of the same design, a vertical imprint on the left side of the face reflected that the notes were printed in Washington by the Treasury Department, with the American Bank Note Co. name on the printing plates.

Shipments of $1 and $2 National Bank bills stopped in January 1879, while higher values continued to be produced. These $1 bills are usually collected by the place of issue (by state or by towns/cities within a state). Only rarely are these or other National Bank Notes collected by signature combinations. Most Original Series bills have the Colby/Spinner names; fewer have Allison/Spinner, and only a few Jeffries/Spinner. Location, however, is the most important determinant of value.

For example, for such states as South Carolina and Wyoming, $1 National Bank bills are so rare as to be non-collectible. Those from Utah Territory, Alabama, District of Columbia, Montana Territory, West Virginia, and a few other places are quite scarce and bring strong premiums. Most plentiful are those from the Eastern states with large populations and large banking centers, including New York, Pennsylvania, and Massachusetts.

For many bills, such preservations as Fair and Good are the order of the day, there being no finer known of their particular variety.

Price $21,250

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