Lot 2628
August Bechtler, 1 DOLLAR CAROLINA, 27 gr. 21 carats. PCGS graded MS-63. Flashy reflective surfaces. Very high grade for this issue. Pop 6 with none higher at PCGS. (PCGS # 10040) .
The Bechtler coinage extended over the better part of 20 years and was successful in every way. It received the de facto consent of the United States government and at the same time was accepted by businesses and banks in many districts in North Carolina, South Carolina, Kentucky, Tennessee, and Virginia. Based upon the recorded coinage of $2,241,850.50 from the period 1831-1840 plus additional specimens made in the next decade, it is probable that close to a million coins, if not more, were struck bearing the Bechtler imprint. Most, of course, were later melted.
Their prevalence in circulation at one time was attested to by one of Rutherfordton County's older citizens who during the early 20th century told researcher Clarence Griffin that he was 16 years old before he ever saw any coins other than those minted by Bechtler.
Estimated Value $6,500 - 7,000.
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| Realized $7,935 |
