(1842-50) $5 A. Bechtler, 134 Grains, 21 Carats MS(PCGS#10046)

August 2021 ANA U.S. Coins Auction

拍卖行

Stack's Bowers

批号

4301

等级

AU58

价格

93,290

详细说明

Nearly Mint State August Bechtler K-27 $5 Undated (1842-1852) August Bechtler $5. K-27. Rarity-5-. 134.G:, 21 CARATS. AU-58 (NGC). Rich reddish-honey color overall, lighter golden-yellow outlines to the design elements are associated with remnants of prooflike reflectivity. Otherwise we note a satiny texture to both sides, the in hand appearance smooth in the absence of sizeable or otherwise singularly distracting marks. In 1840, August Bechtler took over the operation of the Bechtler mint from his father, Christopher (Alt Christoph) Bechtler. When the elder Bechtler died in 1842, August began production of coins under his name, primarily the $1 and $5 denominations. August Bechtler struck four different varieties of the $5 denomination, of which the K-27 is the most relatively available to collectors. The Bechtlers' coins circulated for many years after they closed their mint in the 1850s; some apocryphal accounts even report sightings of Bechtler gold in circulation as late as the turn of the 20th century. Almost all known specimens of K-27 have seen varying degrees of circulation, many of which are damaged or otherwise impaired. Mint State examples are astonishingly rare and when found they are at the lowest levels. Any unimpaired AU example is a noteworthy find, especially one with pleasing eye appeal. Tantalizingly close to Mint State, this specimen will readily complement any specialist cabinet of privately issued gold coins or Southern gold in general. Provenance: From the Collection of a Southern Gentleman. Earlier ex Heritage's ANA Signature Auction of March 2010, lot 2848. NGC Census: 11; 4 finer, only two of which are Mint State (MS-61+ finest). PCGS# 10046. NGC ID: 2BY9. Click here for certification details from NGC.