Well Preserved C. Bechtler Five Dollar, K-17, MS61(1834-37) $5 C. Bechtler Five Dollar, 140G. 20C, RUTHERFORD. MS61 NGC. K-17, R.5. Don Kagin, in his important reference on Territorial gold, identified this variety as the marriage of Obverse 2 with Reverse D. This plain edge issue is quickly identified by the die chip found within the lower loop of the 5 in the denomination (reverse) and, although Reverse D is also paired with two other obverse dies, only K-17 reflects the weight as 140 grains.
This well struck example displays attractive copper-gold coloration on semiprooflike fields, which are normal to the issue, but slightly more pronounced here than on most examples. Minor hairlines on either side account for the assigned grade, yet they do not detract from the overall eye appeal of this specimen. An eye-appealing early Territorial that is rare in this state of preservation. Listed on page 350 of the 2008 Guide Book. Census: 8 in 61, 4 finer, for the entire subtype (12/07). (NGC ID# 2B9R, PCGS# 10112)
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