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

Coin Details

Auction Record

$76,375 MS63 03-09-2017 Kagin's

Description

The 1837 Christopher Bechtler Two and a Half Dollar Gold Piece with 64 grains and even "22" carats represents a significant reduction in gold weight from the earlier 75-grain standard. At 64 grains of gold at 22-carat fineness, this variety reflects Bechtler's adjustment to changing market conditions and the reduced federal gold standard established by the Coinage Act of 1834. The "even 22" designation refers to the uniform, well-spaced appearance of the numeral "22" in the carat mark on the die. The distinction between "even" and "uneven" 22-carat marks (PCGS #10073) is a diagnostic die variety based on the spacing and alignment of the digits. On this variety, the "22" is evenly engraved with consistent character spacing, while the uneven variety shows irregular spacing between the digits. These subtle differences, visible under magnification, allow collectors and attributors to distinguish between different die pairings. At 22 carats (approximately .917 fine), the gold in this variety matches the federal standard established in 1834, demonstrating Christopher Bechtler's continued responsiveness to national monetary policy. The 64-grain weight combined with the higher fineness provided a quarter eagle with gold value closely approximating $2.50, ensuring the coin's acceptability in commercial transactions throughout the region.

Rarity Notes

Scarce. Estimated 35-50 surviving examples. The "even 22" variety is approximately as common as the "uneven 22" variety.

Cross References

PCGS #10076; NGC #31009