Lot 3649
Christopher Bechtler, 5 DOLLARS GEORGIA, RUTHERFORD, 128 gr. 22 carats. Rarity 6+, Kagin 23. PCGS graded AU-50 PQ. Lovely orange and golden toning with reflective fields. A minor field scuff below the 1 of 128.C. but otherwise a Premium Quality coin. Bechtler coins were struck from native Georgia or Carolina gold mined locally. Bechtler and his heirs made their own dies, punches, presses, and other equipment; the output was of honest weight, and its variations from stated fineness were entirely from limitations in available technology. Between the mint's opening and about 1846 his establishment coined over $2.2 million; federal mint officials made no attempt to interfere, knowing that the Constitution was on Bechtler's side. For decades even after the Civil War, many people in the South never saw any other gold than Bechtler's. Pop 2; 8 finer, 3 in 53, 2 in 55, 1 in 58, 2 in 63 (PCGS # 10103) .
Estimated Value $8,000 - 9,000.
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| Realized $9,488 |
