Long time owner parting with this gem of an amp.
Completely original 1954 tweed Deluxe in overall VG original condition.
Tweed frayed in some areas, handle broken...
 
DG=May 1954 code
Serial number 2825
Original RCA Rectifier tube, GE power tubes, and Amperex preamp tubes.
Original Astron Caps
Original Tranformers
Original Jensen Alnico 5 P12R Speaker.
 
1954 Fender Deluxe (Model 5D3) – Circuit Overview
Era: Early–mid 1954
Tweed Style: Narrow panel
Power: ~10–12 watts
Rectifier: 5Y3GT
Power Tubes: Pair of 6V6GT in cathode bias
Preamp Tubes: One 12AY7 + One 12AX7 (phase inverter)
Speaker: 12" Jensen AlNiCo 5  (P12R)
Inputs: 2 Channels (Instrument & Microphone), each with 2 inputs
Controls: Volume (Instr), Volume (Mic), Tone
Bias Type: Cathode-biased
Phase Inverter: Paraphase (the earlier “split-load” PI, less headroom than later long-tail pair)
The 5D3 is essentially a transition between the octal-era Deluxes and the later  5E3. It’s slightly cleaner and squashier than a 5E3, with unique ragged but sweet compression when pushed.
Tone Characteristics
Warm, woody tweed midrange
Breaks up early
Fantastic touch sensitivity
Thick overdrive with spongy sag from the 5Y3
Loves single coils—classic early rock 'n' roll & blues tones