(1834-37) $5 C. Bechtler, Carolina Gold MS62 PCGS
(click for full-size image)
|
| Price: |
$52,500.00
|
| Grade: |
MS62 |
| Quantity: |
1 |
| PCGS Coin #: |
10091 |
| Last Update: |
3/12/2026 |
|
Dealer:
(Terms)
|
AUCM
(11)
|
|
|
|
|
This well-struck, somewhat prooflike example of a Bechtler issue is a standout, graded at the highest level by PCGS, tied with only two other coins, one being a CAC example last seen 84 months ago. Light adjustment marks are visible at "CARATS" on the obverse and "? C." on the reverse, factored into its lofty grade by PCGS, with a population of just three and none finer. A critical piece for specialists, this coin is challenging to replicate at any price. Its historical significance is tied to the August 1, 1834, day date, reflecting Bechtler’s response to the Coinage Act of June 28, 1834, which altered gold coin composition and weight to encourage circulation. Prior to this, gold coins had vanished from domestic use since 1820 due to bullion values exceeding face values, forcing Bechtler and other coins to trade at a premium based on gold content.
The Bechtler coinage, including this piece, adapted to federal changes while maintaining a 20-carat standard, as seen in the $471,332 worth of gold assayed between January and August 1836. New designs emerged, including a dollar, quarter eagle, and additional half eagles from A. Bechtler and C. Bechtler Jr., marking a fifth series of coinage. Augustus Bechtler’s half eagle may reflect Christopher Bechtler’s shift toward other ventures. Despite being a private mint, the Bechtler operation faced no government interference, and their coins circulated effectively alongside federal gold in Georgia and the Carolinas until just before the Civil War. The August 1 date, considered for federal coins to distinguish new from old, was uniquely adopted by Bechtler, adding to this coin’s historical intrigue.
|
Enter the message you would like to email to this Dealer
Collectors CornerSM coin information: (data courtesy of PCGS.com *)
*
This information is being provided by PCGS and you are encouraged to review the Important Information for each of these items:
PCGS Population [View];
PCGS Price Guide [View];
Auction Prices Realized [View].
The PCGS population report, historic compilation of coin prices and auction prices are proprietary to Collectors Universe and remains the property of Collectors Universe.
It is available for personal use to Collectors Corner subscribers only.
Reproduction in any format is strictly prohibited, as is sharing of this import (or any data contained herein).
Also, errors and omissions can occur and accordingly, viewer should recognize these facts and that this information should not be the only source consulted when making a decision about buying or selling coins.
(click for full-size image)
(click for full-size image)
|
|