View All Christopher Bechtler Two and a Half Dollar Gold Pieces

1837 C. Bechtler Two and a Half Dollar Gold Piece - 64 Grains, Even 22 Carats

Strike Type
1837 Territorial coin

Coin Details

Year
1837
Denomination
Territorial
Strike Type
Regular Strike
Series
Bechtler (North Carolina/Georgia) Gold (1831-1850)
Designer
Christopher Bechtler
Composition
Gold (22 carats, approximately .917 fine)
Edge
Reeded

Auction Record

Price realized
$76,375
Sold
Grade
MS63
Auction house
Kagin's

Description

This C. Bechtler GEORGIA GOLD quarter eagle of 64 grains and 22 carats (Kagin K-12) has the 22 punched evenly. Christopher Bechtler, a goldsmith and watchmaker born in Pforzheim in Baden in 1782, came to the United States in 1829 and set up a private mint in Rutherford County, North Carolina (Wikipedia); Greysheet dates his first coins to June 1831. The pieces carry no year of issue. They name the maker and state their weight in grains and their fineness in carats, and the Mint found C. Bechtler five-dollar pieces between one and six percent below their stated value, three percent on average, and his dollars worth 95 to 97 cents (Eckfeldt and Du Bois, 1850). After the federal gold standard was lowered in 1834 he cut his weights to 140 grains at 20 carats, 134 at 21 or 128 at 22 for five dollars and 28 grains for a dollar; several five-dollar dies carry the date AUGUST 1. 1834., the day the new federal standard took effect, and kept it on later issues, so the date does not give the year of striking (Dickeson; Greysheet). Greysheet takes its obverse to be a replacement for the K-11 die, since the known pieces show a later state of the shared reverse. Catalogue numbers: K-12. PCGS number 10076.

Rarity Notes

R-6 (Greysheet)

Cross References

K-12

External References

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