C Bechtler $5 K-23 128 Grs., 22 Carat RUTHERF: MS (PCGS# 10109)

The May 2013 ANA National Money Show

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Lot Description
Undated (1837-1842) Christopher Bechtler $5 Gold. K-23. Rarity-6+. RUTHERF, 128.G., 22 CARATS. AU-55 (PCGS). CAC. This scarce variety has an attractive olive-gold hue on the obverse. The reverse shows traces of luster in the protected areas. The strike is sharp throughout and the surfaces are exceptional, with little more than shallow scuffs or nicks from limited circulation. There are believed to be fewer than 20 known of this is variety, with Rutherford abbreviated on the reverse. The designs are limited to simple statements from the coiner, first noting the source of the gold (Georgia), the weight in grams (128) and the purity (22 carats) for the obverse. The reverse designs boldly state the individual C. Bechtler. The Bechtler coinage withstood many tests of purity and weight, and soon found strong regional acceptance. Struck in Rutherford with a stated local value of 5 DOLLARS as noted at the center. History is filled with stories of those who try to cheat the consumer with lightweight or debased coinage, as well as stories of those -- like the Bechtler's -- who maintained high standards for years and kept the integrity of their coinage intact. Highly collectible and important for the specialist.
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