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Lot
2140

(1834-37) $5 C. Bechtler Five Dollar, RUTHERF: MS61 NGC....

2007 Milwaukee, WI (ANA) Signature Coin Auction #444

 
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Auction Ended On: Aug 9, 2007
Item Activity: 6 Internet/mail/phone bidders
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Location: Milwaukee, WI
Description:
Mint State C. Bechtler Five Dollar, Kagin-23
(1834-37) $5 C. Bechtler Five Dollar, RUTHERF: MS61 NGC. K-23, R.6. This is an impressive Mint State example of the Georgia Gold rarity. This example was assigned the High Rarity-6 rating by Donald Kagin's in his 1981 reference, Private Gold Coins and Patterns of the United States. Although a few more are probably known today, a quarter century later, it is doubtful that this variety has broken out of the R.6 level, thus less than 30 examples exist.
This example is the first Mint State specimen that we have handled in any of our auctions since we began our archives in 1993. NGC and PCGS have combined to grade just three MS-61 examples with one finer piece (6/07). This specimen has bright greenish-yellow gold with considerable reflectivity in the fields. Logically, since it is made from Georgia Gold, it has a similar color to most Dahlonega Mint gold pieces. Listed on page 350 of the 2008 Guide Book.
From The Stephen L. Schechter Collection of Bechtler Territorial Gold. (PCGS# 10109)

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