BG- 529, 1854 California Gold Rush Circulating Fractional Gold $1, Liberty Octagonal NGC MS61 R8

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4477102001

Here's an opportunity for the specialist in California Fractional Gold to acquire one of the great rarities of the entire expansive series: BG-529. This variety was struck with a single-use die. What distinguishes this variety from similar ones is that it has two stars between GOLD and DERI on the reverse. 'DERI' is short for M. Deriberpie, a private engraver who had a shop at 58 Kearny Street in San Francisco. He also cut dies for jewelers Nouzillet & Routhier.

 

From corner Green and Kearny Streets, San Francisco, looking Northwest |  Library of Congress

Corner of Kearny and Green Streets in San Francisco in 1866. The engraver M. Deriberpie had his shop down the street at 58 Kearny Street. (Photo Library of Congress)

It was only in September of 1980 that the discovery coin was found by Jay Roe; that coin was graded AU50. Only four of this variety exist. PCGS has graded 2: one each in AU50 and AU58+. NGC has also graded two: one in AU58 and this, the finest known and the Top Pop of MS61 that is being offered by AUCM.

The obverse of this octagonal coin presents the ubiquitous Coronet-Liberty head found on the federal issues of the day as well as the vast majority of California Fractional varieties. She is surrounded by eight stars. Around the rim at the top of the reverse is CALIFORNIA GOLD with DERI at the bottom. Within a beaded circle is found 1 DOLLAR 1854.

$48,000.00

1854 Gold $1 Liberty Head Octagonal, initials DERI on reverse. Rarity-8.

  • 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 stars; 1st star directly below point of neck, tip of diadem point to 4th star at border. (Same as BG-527 and BG-528).

Reverse:  ‘* CALIFORNIA GOLD *’ and ‘DERI’ outside of beaded circle; All of the legend is midway between the border and the beaded circle. DOLLAR aims between the D and *. There are 2 stars between Gold and DERI.

D 414B.

 

More Information
PCGS # 10506
BG Number 529
Grading Service NGC
Year of Issue 1854
Grade MS61
Denom Type California Fractional Gold
Numeric Denomination Gold $1
Mint Location Private Issue
Designation NONE
Circ/UnCirc Uncirculated
Strike Type Business
Holder Variety BG-529
Grade Add On NONE
Holder Type N/A
Is on Sale No

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