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All auctions / Coins & Banknotes / Undated (1842-1852) August Bechtler $5. K-27. Rarity-5+. 134.G:, 21

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Undated (1842-1852) August Bechtler $5. K-27. Rarity-5+. 134.G:, 21

Undated (1842-1852) August Bechtler $5. K-27. Rarity-5+. 134.G:, 21

Undated (1842-1852) August Bechtler $5. K-27. Rarity-5+. 134.G:, 21 CARATS. AU Details--Scrape (PCGS). A rather pretty piece, bright olive-gold surfaces are frosty with appreciable reflectivity to the finish. The design elements are smartly impressed, crisp, and most are framed in enhancing rose-russet iridescence. Light hairlining and scattered marks are noted, including an unfortunate, yet relatively minor reverse scrape (mounted as the obverse in the PGS holder) at and around the letter R in BECHTLER. In 1840, August Bechtler took over the operation of the Bechtler mint from his father, Christopher (Alt Christoph) Bechtler. When the elder Bechtler died in 1842, August began production of coins under his name, primarily the $1 and $5 denominations. August Bechtler struck four different varieties of the $5 denomination, of which the K-27 is the most available to collectors. The Bechtlers' coins circulated for many years after they closed their mint in the 1850s; some apocryphal accounts even report sightings of Bechtler gold in circulation as late as the turn of the 20th century. Almost all known specimens of K-27 have seen varying degrees of circulation, many of which are damaged or otherwise significantly impaired. An attractive circulated example, as here, is a desirable coin and noteworthy find in today's highly competitive numismatic market. This specimen will readily complement any specialist cabinet of privately issued gold coins or Southern gold in general. PCGS# 10046. NGC ID: 2B9Y. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA. Click here to see Coins in Motion.

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