Lot 2398
Christopher Bechtler, 5 DOLLARS GEORGIA, RUTHERF., 128 gr. 22 carats. . Breen-7760, RUTHERF: spelling. PCGS graded EF-45. Attractive golden toning. A solid strike in all regards. The smooth surfaces are gleam with varying gold to greenish gold hues, the legends are clear-cut, and the eye appeal is exactly what one hopes to find on a distinguished Territorial piece such as this Bechtler $5.
There were no Federal branch mints in North Carolina or Georgia until 1838, and the Bechtler minting firm, which began operations in 1830-1, served an important role in the South. The government in D.C. did not disturb the Bechtlers, but allowed the private mint to carry on in full operation until the 1850s. There were occasions where mention of it was made in the Annual Report of the Director of the Mint. Pop 3; 9 finer, 3 in 50, 1 in 53, 4 in 55, 1 in 61 (PCGS # 10109) .
Estimated Value $7,000 - 8,000.
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| Realized $8,913 |
