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(1834-37) $5 C. Bechtler Five Dollar, 140G. 20C, RUTHERFORD. AU50 NGC. K-17, R.5. Plain Edge....
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Sold on Dec 3, 2010 for:
$8,625.00
Bid Source: Internet bidder
Description
(1834-37) Bechtler Five Dollar, AU50
Carolina Gold, K-17, Plain Edge
(1834-37) $5 C. Bechtler Five Dollar, 140G. 20C, RUTHERFORD.
AU50 NGC. K-17, R.5. Plain Edge. For many years, the gold
coinage of the United States did not circulate because the
intrinsic value of the coins was greater than the face value. The
weight of the federal gold coins was adjusted in 1834 to remedy
this situation, and Christian Bechtler followed suit, placing the
date of the federal authorization--AUGUST 1.1834.--on the obverse
of his privately issued five dollar gold pieces. Bechtler minted
nine different varieties of five dollar gold coins during this
period. This coin represents the scarce K-17 variety of Carolina
gold, with a period after RUTHERFORD and a period replacing the
colon between C and BECHTLER.The present coin is a lightly circulated example, with a few minor abrasions and rim bruises, but all original detail still legible. Census: 1 in 50, 13 finer (10/10).
Coin Index Numbers: (NGC ID# 2B9R, PCGS# 10112, Greysheet# 11722)
Auction Info
2010 December Houston Signature US Coin Auction #1147 (go to Auction Home page)
Auction Dates
December, 2010
2nd-5th
Thursday-Sunday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 918
Buyer's Premium per Lot:
15% of the successful bid per lot.
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