Undated (1837-1842) Christopher Bechtler $5. K-20. Rarity-4. 134.G., 21 CARATS, With Star. MS-61 (NGC).An exceptionally well preserved example of the variety, this lovely Bechtler $5 is seemingly earmarked for inclusion in a high quality type set of private and territorial gold coinage. All design elements are boldly rendered from a well executed strike, the reverse with a raised border while the obverse has a beveled rim. The reverse is rotated a full 90 degrees counterclockwise from coin alignment. Bright medium gold patina throughout, direct lighting calls forth ample remnants of a semi-prooflike finish from the protected areas around many of the letters and digits. Minimally marked for the assigned grade and aesthetically pleasing in all regards, this coin is sure to catch the eye of astute bidders.Although the designs of these Bechtler coins were simple, they stated the necessary information -- this is CAROLINA GOLD, 21 CARATS and 134 GRAINS in weight for the obverse, while the reverse states the maker C. BECHTLER at RUTHERF(ord) and the denomination 5 DOLLARS. Examples of this type circulated widely and were known to be as stated for their purity and weight. A few years after they were struck, the federal government finally stepped in and opened branch mints in the Lower Appalachian region. By 1838, the Charlotte and Dahlonega mints were in production.Kagin-20, from the sixth series of Christopher Bechtlers gold coinage, is one of the more frequently encountered $5 varieties in todays market. As befits an issue that saw extensive commercial use, however, the typical survivor is well worn, if not also damaged or otherwise impaired. Mint State examples such as this are notable rarities and usually only appear at auction only once in a long while.From the Samuel J. Berngard Collection. From Heritages Long Beach Signature Auction of June 2013, lot 4921.
