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Lot
3785

(1837-42) $5 C. Bechtler Five Dollar, 134G, With Star MS63 NGC....

2008 May Long Beach, CA Signature Auction #1108

 
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Auction Ended On: May 30, 2008
Item Activity: 5 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 103B,C (Tuesday Only)
Booth 400 (Wednesday - Saturday)

Auction Room:
Room 103B,C

Description:
Single Finest Certified Kagin-20
C. Bechtler Five, Select Mint State

(1837-42) $5 C. Bechtler Five Dollar, 134G, With Star MS63 NGC. K-20, R.4. This is the single finest certified Kagin-20 by either major service, two grades better than its nearest competitors. Although all Bechtler five dollar pieces are scarce, K-20 is the most available variety, and provides an excellent opportunity for the casual or novice collector to acquire a single Bechtler gold coin to recount the history of the gold mining region in the Southeast and associated private and Federal minting operations in North Carolina.
This charming piece is light yellow with considerable green tendencies on both sides. the fields are entirely prooflike, and the piece has a slightly concave appearance from the obverse. A few planchet rifts suggest that the alloy was imperfectly refined, and they add to its eye appeal today. It appears that the strike was bold, with only a few letters showing any type of weakness. A small reverse rim mark is visible at 11 o'clock. In our discussion, the obverse is the side with 134 G and the star; the reverse is the side with the denomination.
The design of this piece is at once plain and remarkable. There are no special design elements, except perhaps for the star on the obverse. The lettering appears entered in the die with a utilitarian purpose, and with little regard for design aesthetics. For example, both As and the I in CAROLINA are much larger than other letters, towering over their neighbors. The neighboring L appears smaller than any of the other letters. Many engraving irregularities could be pointed out on both sides, especially regarding improper spacing. Listed on page 359 of the 2009 Guide Book. (PCGS# 10097)

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