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Lot
3131

(1837-42) $5 A. Bechtler Five Dollar, 128G. 22C. AU53 PCGS....

2009 February Long Beach, CA Signature US Coin Auction #1122

 
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Auction Ended On: Feb 6, 2009
Item Activity: 7 Internet/mail/phone bidders Number of Bidders
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Location:

Long Beach, CA

Description:
Condition Census A. Bechtler Five Dollar
128G. 22C., K-28, R.6, AU53
(1837-42) $5 A. Bechtler Five Dollar, 128G. 22C. AU53 PCGS. K-28, R.6. The Bechtler gold was a long-running and well-trusted local coinage, and its acceptance was undoubtedly enhanced among the local populace by the family's custom of putting the weight in grams and gold fineness in carats on each piece. This K-28 five dollar gold variety is among the more elusive of all the Bechtler coinage. Donald Kagin estimated it as R.8 in his 1981 reference, Private Gold Coins and Patterns of the United States, but now we rank it R.6 based on the current population data. Issued by August Bechtler, the K-28 has a reeded edge. CAROLINA GOLD / CARATS rings the rim, with 128.G. / 22. in the center. The other side reads A. BECHTLER. RUTHERFORD. along the rim, with 5 / DOLLARS. in the center.
This lustrous example has greenish-gold coloration with reddish accents, as often seen due to the presence of copper alloy, around the devices. There are a few scattered, light handling marks, none singularly noticeable. Nearly the finest quality obtainable, and basically unknown in Mint State. Listed on page 360 of the 2009 Guide Book. Population: 4 in 53, 2 finer (1/09). (PCGS# 10043)

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