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Lot
6390

(1842-52) G$1 A. Bechtler Dollar, 27G. 21C., Plain Edge MS60 NGC. K-24, R.3....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 13, 2010
Item Activity: 9 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:
Mint State A. Bechtler Gold Dollar
27G. 21C., K-24
(1842-52) G$1 A. Bechtler Dollar, 27G. 21C., Plain Edge MS60 NGC. K-24, R.3. This relatively available A. Bechtler gold dollar was also made with a reeded edge variant, but those pieces are extremely rare. This Bechtler gold dollar is 21-carat gold (24 carats is pure) weighing 27 grains, so the pure gold content would be 23.62 grains. This compares favorably to the U.S. gold dollar of 1849, which contained .900 fine gold weighing 25.81 grains--or 23.22 grains of pure gold. The Bechtler gold dollars would show an excess of gold of 1.7% over a federal gold dollar--enough to ensure their acceptance in the Carolina economy but not enough to make them profitable to melt.
This antique-gold specimen is strictly Mint State, with some prooflike luster remaining in the protected areas around the devices. Field chatter appears on each side, but there are no signs of singular contact. Listed on page 365 of the 2011 Guide Book. (PCGS# 10040)

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