BG- 518, 1853 California Gold Rush Circulating Fractional Gold $1, Liberty Octagonal PCGS MS62 R5

1853 Gold $1 Liberty Head Octagonal, initials DERI on reverse. Rarity-5.

• Period One - circulating issues between 1852 and 1856.
• Redbook Type: Octagonal Dollar - Liberty Head / Value & Date in Beaded Circle.
• RedBook Collectors Sequence: RB-051
• Made by M. Deriberpe, 1853-1854.

Obverse: 8 six pointed stars; 1st star immediately below point of bust; 6th star joins with upper bun of hair.

Reverse: ‘* CALIFORNIA GOLD *’ and ‘DERI’ outside of circle. 1 DOLLAR 1853 inside circle. The 1 in the date tilts to the left and the 8 & 5 are higher than the 1 & 3. The 1 in DOLLAR is between the NI in CALIFORNIA DOLLAR is horizontal with the first A in CALIFORNIA and the D in Gold. (Same rev. as BG-517.)

EML 5; Burnie 6; Lee 2D; D 410C.

1. Die State-1: Perfect obverse die.
2. Die State-2: Cracked from rim, 8:00, to bust point.
3. Die State-3: Stacks, 10-18-90, #2002, reports extreme die cracks.