C Bechtler $2.50 K-11 64 Grains, 22 Carat MS (PCGS# 10073)

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

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    Heritage Auctions
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Lot Description
(1837-42) $2 1/2 C. Bechtler Quarter Eagle, 64G. 22C. AU55 NGC. K-11, R.6. Gold was discovered in North Carolina in 1799, but larger quantities were not found until 1828. By mid-1831 there was a need for a local mint, as transporting the locally mined gold was expensive and the roads were always dangerous with the possibilities of highwaymen. Quarter eagles and half eagles were the first denominations produced, followed in a few months by gold dollars. This coin has distinctive reddish-gold and blue hues on each side, undoubtedly from the high copper content of the native gold alloy. The surfaces are remarkably clean, and the strike details are well brought up throughout. Listed on page 364 of the 2011 Guide Book.
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