BG- 746 G25C 1868 California Fractional, Liberty Octagonal PCGS MS62 R4+

1868 Gold 25C Liberty Head Octagonal, initial G on obverse, High Rarity-4.

• Period Two – Jeweler’s issues struck between 1859 and 1882.
• Redbook Type: Small Liberty Head / Value in Shield, Date in Wreath.
• RedBook Collectors Sequence: RB-006
• Made by Robert B. Gray & Co.

Obverse: 13 smaller stars; 1st star to left of point of bust, 6th star near bottom of bust point. Stars are sharply punched. Non-beaded coronet. G closer to bust than rim. Same as BG-743.

Reverse: 1 /4 (in shield) DOLLAR 1868 within wreath; Long ‘hot dog’ bow. Each branch ends in a berry which comes close to shield.

EML 33; Burnie 44; Lee 27B; Doering 51A.

1. Die State-1: Obv. crack rim to coronet point.
2. Die State-2: Obv. crack rim to 2nd star.
3. Die State-3: Rev. two heavy cracks at upper right wreath; a faint one to shield.