C Bechtler $5 K-15 Beaded w/150 G MS (PCGS# 10118)
The May 2013 ANA National Money Show
Lot Number: 1206
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Undated (1831-1834) Christopher Bechtler $5 Gold. K-15. Rarity-7. 150.G., 20.CARATS. AU-55 (PCGS). This is an exceptionally high grade example of a notably rare variety. We expect a lot of attention will be paid by bidders worldwide as this crosses the block. Delicate copper-gold toning is noted around the peripheral lettering. The fields are highly reflective as the dies retained much of their original polishing when this coin was struck. This combination of 150 grains at 20 carats purity was one of the initial $5 gold pieces struck, with later issues showing lower weight, but more refined gold and thus a higher carat ratio (generally). PCGS reports only 15 <em>submissions</em> in all grades, with the net number of different pieces likely being fewer.