1929 $10 First National Bank Pittsburgh PA Fr. 1801-1 Type 1 PMG Choice Uncirculated 67 EPQ Misalignment Error RARE

1929 $10 National Currency | First National Bank of Pittsburgh, Pennsylvania | Fr. 1801-1 | Type 1 | PMG Choice Uncirculated 67 EPQ | RARE MISALIGNMENT ERROR | A Stunning High Grade Rarity

An exceptional small‑size National Bank Note from one of America's most important banking institutions – now made even more extraordinary by a striking printing error. Offered here is a 1929 $10 Type 1 issued by The First National Bank of Pittsburgh, Pennsylvania (Charter #252). Certified by PMG as Choice Uncirculated 67 EPQ with a notable misalignment error.

This is a truly remarkable note that combines three highly desirable attributes: an historic Pittsburgh charter, a superb gem grade of 67 EPQ, and a dramatic misalignment error. For the error note collector, the National Bank Note specialist, or the Pennsylvania enthusiast, this piece offers something truly unique.

PMG Choice Uncirculated 67 EPQ – a near‑gem grade that places this note among the finest surviving examples of its issue. The misalignment error adds significant scarcity and collectible appeal.

At a Glance

• Bank: The First National Bank of Pittsburgh, Pennsylvania
• Charter Number: #252 – a historic early charter (1864)
• Series: 1929 (Federal Reserve Bank Note era / National Bank Note small size)
• Type: Type 1 (Treasury seal and serial numbers on the face)
• Friedberg Number: Fr. 1801-1
• Denomination: $10
• Error Type: Misalignment error – noticeable shift in printing
• Certification: PMG Choice Uncirculated 67
• Designation: EPQ (Exceptional Paper Quality)
• Grade: 67 – a superior, near‑gem grade

The Error – Misalignment Variety

This note exhibits a misalignment error, a printing anomaly that occurred during the production process. One or more printings shifted from their intended position, resulting in a noticeably off‑center design element, margin discrepancy, or overlapping print. Misalignment errors on National Bank Notes are genuinely scarce – most errors were caught during quality control and destroyed. Those that escaped into circulation are highly prized by error specialists.

The error on this example is readily visible and adds significant character to an already exceptional note. For collectors who pursue "error notes" as a specialty, this Pittsburgh $10 represents a rare opportunity to acquire a misaligned National from a major historic bank – and in stunning 67 EPQ condition.

PMG Choice Uncirculated 67 EPQ – Understanding the Grade

Paper Money Guaranty (PMG) is the world's leading third‑party grading service for currency. A grade of Choice Uncirculated 67 is a superb, near‑gem grade. Notes at this level exhibit:

• No evidence of circulation
• Superior centering for the issue
• Sharp, crisp corners
• Vivid, original colors
• Only the most minor, barely perceptible handling imperfections

The EPQ (Exceptional Paper Quality) designation is equally important. It confirms that this note is completely original – no pressing, no chemical treatments, no restoration. The paper retains its natural texture, color, and integrity exactly as it left the Bureau of Engraving and Printing. For a note with a printing error, EPQ is particularly significant, as it confirms the error is original and not the result of post‑production manipulation.

A 67 EPQ grade places this note among the finest known examples of its Friedberg number. Few small‑size Nationals achieve this level of preservation, and fewer still with an accompanying error.

The First National Bank of Pittsburgh – Charter #252

The First National Bank of Pittsburgh was chartered in 1864 (Charter #252), making it one of the earliest national banks in Pennsylvania and the entire United States. As a major financial institution in a booming industrial city, this bank issued substantial quantities of currency across multiple series – from large‑size 1860s originals to small‑size 1929 issues.

Small‑size Nationals (1929 series) were produced in smaller quantities than their large‑size predecessors, and high grade survivors are notably scarce. A Choice Uncirculated 67 EPQ example from this historic Pittsburgh charter – with an error – is a true condition census rarity.

Why This Note is Extraordinary

Exceptional Grade – 67 EPQ: For any 1929 National Bank Note, Uncirculated examples are uncommon. A 67 EPQ is genuinely scarce. This note represents the upper echelon of condition for the entire issue, suitable for the most discerning registry set builder.

Rare Misalignment Error: Printing errors on National Bank Notes are highly collectible and seldom appear for sale – especially in high grade. The combination of a desirable error and a 67 EPQ grade is exceptionally rare.

Historic Pittsburgh Charter #252: Low charter numbers are highly coveted by National Bank Note collectors. Charter #252 is an early, prestigious charter from a major American city – a desirable pedigree that adds immediate gravitas to any collection.

Type 1 Design – Collectible Variety: The 1929 Type 1 design features the Treasury seal and serial numbers printed on the face of the note. Type 1 notes are the original small‑size National design and are generally scarcer than Type 2 notes, making them more desirable for type collectors.

EPQ – Original, Unaltered Condition: For error notes, EPQ is particularly meaningful. It assures collectors that the error is genuine and that the note has not been pressed or altered to enhance its appearance.

Collector Demand – A Convergence of Specialties

This note appeals to multiple collecting disciplines simultaneously:

• Error note collectors who seek original, high grade printing anomalies
• Pennsylvania National collectors seeking premium condition examples from historic charters
• Pittsburgh specialists building sets by charter number
• Type collectors wanting a superior small‑size $10 National
• PMG registry set builders pursuing high grades (67 EPQ) with added error appeal
• Investors seeking rare, investment‑grade currency with multiple points of desirability

Few notes cross over into so many collecting categories. This Pittsburgh $10 is one of them.

Certification Details

This note has been professionally authenticated and graded by PMG:

• Friedberg Reference: Fr. 1801-1
• Grade: Choice Uncirculated 67
• Designation: EPQ (Exceptional Paper Quality)
• Signatures: Jones – Woods

The PMG holder provides permanent protection and assures the note's authenticity, grade, and error status. The certification number can be verified on the PMG website.

Authenticity Guarantee

This note is professionally certified by PMG (Paper Money Guaranty), one of the world's leading third‑party currency grading services. The holder guarantees the note's authenticity, grade, EPQ designation, and error classification. The note is sold exactly as shown. No further authenticity guarantee is needed beyond PMG's industry‑standard warranty.

Shipping & Terms

This note will be shipped in its PMG holder, securely packaged to prevent movement or damage during transit. Insurance and signature confirmation are required and included in the shipping cost. Due to the rarity and value of this 67 EPQ error note, additional identity verification may be required. Please contact us with any questions before purchasing.

A stunning convergence of rarity, grade, and error. This PMG Choice Uncirculated 67 EPQ 1929 $10 from The First National Bank of Pittsburgh – with a rare misalignment error – represents a true condition census trophy. For the Pennsylvania specialist, the error collector, or the high‑grade type enthusiast, this note is an unrepeatable opportunity.