1834 $5 K-17 C. Bechtler, PE RUTHERFORD MS (PCGS# 10091)

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

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    Heritage Auctions
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Lot Description
1834 $5 C. Bechtler Five Dollar, RUTHERFORD, Plain Edge XF45 PCGS. K-17, R.5. An orange-gold example of this scarce Christopher Bechtler variety. All legends are bold, and planchet granularity is limited to a slender streak between the N in CAROLINA and the 0 in 140. A small raised area is left of the D in DOLLARS, and thin marks are left of the 1 in 140 and beneath the prominent 5. Such abrasions are usual for moderately circulated pioneer gold coins, which were used in commerce in the absence of other reliable hard currency. Given the number of damaged or cleaned survivors, the appearance of a Choice XF is significant to the specialist. Listed on page 365 of the 2012 Guide Book.
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