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Lot
3133

(1842-52) $5 A. Bechtler Five Dollar, 141G. 20C. AU55 NGC....

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

 
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Auction Ended On: Feb 6, 2009
Item Activity: 5 Internet/mail/phone bidders
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Location:

Long Beach, CA

Description:
A. Bechtler Five Dollar, AU55
141G. 20C., K-29, R.7
(1842-52) $5 A. Bechtler Five Dollar, 141G. 20C. AU55 NGC. K-29, R.7. The August Bechtler K-29 five dollar gold variety has a reeded edge, like the K-28, with CAROLINA GOLD / CARATS ringing the rim. In the center is 141.G. / 20. The other side reads A. BECHTLER. / RUTHERFORD. along the rim, with 5 / DOLLARS. in the center.
This is such a rare variety that famed early coin dealer Henry Chapman produced "proof" restrikes (K-30) from the original dies, ca. 1908. They may be distinguished from the K-29 originals by the presence of a die break from the rim up through the second A in CARATS. Donald Kagin estimated the K-29 as High R.7 in 1981, and today we still estimate it as R.7 (seven to nine known).
The present example shows deep blue-brown patina over each side, no doubt the result of high amounts of copper alloy in the gold. The devices nonetheless show bright yellow-gold coloration around and within their confines, an unusual and attractive contrast. A small planchet flaw, as made, appears just above the weight on the obverse. Listed on page 360 of the 2009 Guide Book. Census: 1 in 55, 2 finer (1/09). (PCGS# 10049)

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