There were tons of good ones in the 60's. I've read that the biggest selling one-hit wonder was In The Year 2525, reportedly recorded in a barn in Nebraska in 1969 by Zager and Evans.
Another huge hit from the 60's that comes to mind was In-A-Gadda-Da-Vida by Iron Butterfly.
As for what one-hit wonder was the best, that's a tough one. Too many great choices to pick just one, IMO.
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