Sold for: Sign-in or Join (free & quick)

    Description

    C. Bechtler Five Dollar, 150G. 20C., K-15, AU55
    Exceedingly Rare, Few Survive in Any Grade

    (1831-34) $5 C. Bechtler Five Dollar, 150G. 20C. AU55 NGC. K-15, R.7. Although the lower-denomination Bechtler gold coins, the gold dollars in particular, are a regular occurrence at Heritage, the K-15 five dollar gold pieces are exceedingly rare, as the R.7 rating indicates.
    The elder Christopher Bechtler, his son August, and nephew (also named Christopher) produced a wide range of coinage from 1831 until roughly 1852. Although the Bechtlers operated their mint in Rutherford County, North Carolina, they marked the source of the gold in their coins in various ways, including N CAROLINA, NORTH CAROLINA, and CAROLINA; RUTHERF. and RUTHERFORD CAROLINA; CAROLINA GOLD; and RUTHERF. and RUTHERFORD GEORGIA GOLD. The Bechtler family also marked the relative weight and fineness on their products, increasing trust in the regional populace and further encouraging the coins to circulate.
    The present K-15 variety is marked RUTHERFORD COUNTY C. BECHTLER, ASSAYER on one side, and NORTH CAROLINA GOLD on the other, along with 5 DOLLARS and 150G. 20C. in the middle. A beaded border surrounds each side, as NGC notes on the holder. The Bechtler half eagle content of 150 gn of 20-carat (20/24ths pure) gold works out to 125 gn or 8.1 gm of pure gold; the federal standard for a half eagle of the 1831-34 timeframe was 123.75 gn (8.02 gm).
    In other words, the Bechtler K-17 five dollar gold coins contained slightly more gold than the contemporary federal Capped Head half eagles, a series legendary for its low survival rates due to almost universal melting.
    This Choice AU piece shows plenty of luster remaining over yellow-gold surfaces that show almost no abrasions without the aid of a loupe, and even then, the scattered marks and scrapes are undistracting. It seems a near-certainty that this piece was held back from circulation for unknown reasons, thus escaping the dual fates of melting or circulation until it became unrecognizable. Listed on page 373 of the 2012 Guide Book. Census: 1 in 55, 3 finer (4/12). (NGC ID# 2B9L, PCGS# 10118)


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    May-Jun, 2012
    30th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 1,322

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 18 days left to consign to the 2017 July 31 - August 7 ANA US Coins Signature Auction - Denver!

    Learn about consigning with us

    You have a great company. I have bid with your firm at least 11 years.
    V.A.,
    New York, NY
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 April 26 - 30 CSNS US Coins Signature Auction - Chicago
    2017 April 26 - 30 CSNS US Coins Signature Auction - Chicago
    REALIZED $22,615,570
    2017 April 7 - 10 CCE World Coins & Ancient Coins Signature Auction - Chicago
    2017 April 7 - 10 CCE World Coins & Ancient Coins Signature Auction - Chicago
    REALIZED $6,328,714
    2017 April 28 - May 1 CSNS World Currency Signature Auction - Chicago
    2017 April 28 - May 1 CSNS World Currency Signature Auction - Chicago
    REALIZED $1,009,870